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Posted by
Two Blokes Apr 15 -
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Stock
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ANAHEIM, CA / ACCESS Newswire / April 15, 2025 / Phoenix Motor Inc. (the "Company"), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has formally appealed the Nasdaq delisting determination and is taking proactive steps to protect shareholder value following the trading halt of its common stock (previously traded under: PEV). Hearing Request and Continued OTC Trading As previously disclosed, Nasdaq suspended trading of the Company's common stock effective today, April 15, 2025, due to non-compliance with the minimum bid price requirement and the Company's failure to hold an annual shareholder's meeting in 2024.
