Phoenix Motor has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $1,600,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Phoenix Motor is raising $1,600,000.00 in new funding. About Phoenix Motor: Phoenix Motor Inc. designs, develops, manufactures, assembles, and integrates electric drive systems, and light and medium duty electric vehicles in the United States and internationally. It provides chargers, electric forklifts, shuttle buses, Type A school buses, utility and service trucks, flatbed and cargo trucks, and walk-in vans. The company offers its products under the Phoenix Motorcars and EdisonFuture brand names. It serves medium-duty fleet customers, including utilities, cities, municipalities, transit agencies, airports, hotels, seaports, school districts, parking companies, universities, and corporate campuses. The company was founded in 2003 and is headquartered in Anaheim, California. Phoenix Motor Inc. operates as a subsidiary of Edisonfuture Inc.
To learn more about Phoenix Motor, visit http://phoenixmotorcars.com/
Contact:
Xiaofeng Peng, Chief Executive Officer
909-987-0815
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