United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 28, 2024, the Board of Directors of Phoenix Motor Inc. (the “Company”) increased the size of the Board of Directors from five members to seven members, and elected Kristine Chen and Steven Li as directors of the Company, effective immediately.
Kristine Chen, age 43, has served as Chief of Staff of the Company since February 1, 2024. Prior to that, from 2022 to 2024, Ms. Chen served as Executive Assistant to the CEO of MTBL Global USA Inc., a fintech company. From 2022 to 2023, Ms. Chen was Executive Assistant to the President of ABCPOS Inc., a software development company. From 2018 to 2020, Ms. Chen was Finance Manager of WHTB Glass LLC, a provider of processed glass products. Ms. Chen received master’s degrees in accounting and information technology from Hofstra University.
Steven Li, age 46, has over 15 years of experience in technology and finance, specializing in software engineering, investment analysis and financial reporting. Since 2017, Mr. Li has been the owner and partner of JLS Group Construction LLC, a real estate development and construction company. Mr. Li received a Bachelor of Science degree in computer science and engineering from the University of Connecticut with an emphasis in programming paradigms, database design, software system architecture and design patterns. Mr. Li is also a CFA charter holder with over 10 years of working experience at a hedge fund.
There are no arrangements or understandings between Ms. Chen or Mr. Li, respectively, and any other person pursuant to which she or he was elected as a director. Neither Ms. Chen nor Mr. Li is a party to any transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: April 30, 2024 | PHOENIX MOTOR INC. | |
| By: | /s/ Xiaofeng Denton Peng | |
| Name: | Xiaofeng Denton Peng | |
| Title: | Chief Executive Officer and Chairman of the Board | |
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