Welcome to our dedicated page for AZIO AI HOLDINGS SEC filings (Ticker: EVTV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Envirotech Vehicles, Inc. filings document the company's operating disclosures, capital structure and Nasdaq compliance record. Form 8-K reports address continued-listing standards for stockholders' equity, annual meeting timing, board independence and audit committee composition, along with shareholder votes and amendments to the 2017 Equity Incentive Plan.
The filing record also includes a Form S-1 registration statement for delayed or continuous securities offerings, a Form 12b-25 notice for a delayed annual report, and disclosures related to standby equity purchase arrangements, convertible note repayment, common stock issuances, operating and financial results, governance matters and risk factors.
Envirotech Vehicles (EVTV) filed a Form 12b-25, notifying a late filing of its Form 10-Q for the quarter ended September 30, 2025. The company cites the need for additional time to complete its final review of financial statements and disclosures and expects to file within the five-day extension provided under Rule 12b-25.
The company also anticipates a significant change in net loss versus the prior-year period, driven by a non-cash impairment linked to its stock price decline, a non-cash impairment of intangible assets, and changes in inventory and the receivables reserve. It did not provide reasonable estimates as the financial statement preparation and review are still in process.
Envirotech Vehicles (EVTV) amended its Maddox Industries acquisition terms. The company extended the earnout period tied to the October 2024 purchase of Maddox Industries, moving the end date to June 17, 2026. Earnout payments remain calculated monthly based on gross revenue received in respect of Closing Receivables, with an aggregate cap of $1 million.
Any earnout during the extended window follows the original agreement’s terms. Jason Maddox, the seller and former CEO of Maddox Industries, is a current director and Interim CFO of EVTV and CEO of Maddox Defense. Maddox Industries has a Manufacturing Agreement dated September 9, 2024 with Maddox Defense for medical gowns, and EVTV subleases a Houston facility from Maddox Defense for medical supplies operations.
Envirotech Vehicles, Inc. has filed Amendment No. 1 to a shelf registration statement that would allow it to offer up to $1,000,000,000 of common stock, preferred stock, debt securities, warrants and units from time to time. This amendment mainly updates the documents incorporated by reference while keeping the overall shelf structure in place. The company recently effected a 1‑for‑10 reverse stock split, with its common stock beginning to trade on a post‑split basis on Nasdaq on August 8, 2025, and had 3,530,514 shares of common stock outstanding as of August 1, 2025. Envirotech highlights that it is a smaller reporting company focused on purpose‑built zero‑emission commercial vehicles and notes that specific terms, pricing and use of proceeds for any future securities offerings will be detailed in separate prospectus supplements.
Envirotech Vehicles, Inc. reported interim results reflecting a business pivot into medical supplies and drones and a 1-for-10 reverse stock split that retroactively adjusted per-share data. For the three months ended June 30, 2025, the company recognized net revenue of ($25,237) from electric vehicle deliveries after customer credits and $1,072,266 from medical supplies (one related party accounted for 100% of medical supplies revenue). The company recorded out-of-period adjustments totaling $526,535 to correct prior-period sales and R&D expense. Trade receivables totaled $846,982 with an allowance of $406,690. Finished goods inventory netted $4,855,679 after a $1,184,731 valuation allowance. The company has convertible promissory notes, recent conversions into common stock, and access to an investor purchase agreement of up to $25 million.
Envirotech Vehicles, Inc. filed a notice that it will delay submitting its Form 10-Q for the quarter ended June 30, 2025 because it needs more time to complete the final review of its financial statements and disclosures. The company expects to file the quarterly report within the five-day extension period allowed under SEC Rule 12b-25 for late Form 10-Q filings. Envirotech also indicates that the upcoming results will show a significant change in net loss from the same quarter last year, driven by a non-cash impairment charge tied to a decline in its stock price and by changes in inventory and receivables reserves. The company states it cannot yet provide reasonable quantitative estimates for these changes because its financial statement preparation and review processes are still being completed.
Envirotech Vehicles, Inc. appointed Jason Maddox as a Class II director effective August 6, 2025; he will serve until the 2025 annual meeting and was not assigned to any board committees. Mr. Maddox already serves as the company’s President and Interim Chief Financial Officer and previously led Maddox Defense and Maddox Industries.
The filing discloses the Company’s December 18, 2024 acquisition of Maddox Industries for 3,100,000 shares (approximately $4.3 million based on the closing price at closing) plus an earnout of up to $1 million, of which no payments were earned. It also reports related-party commercial activity: approximately $705,341 received from Maddox Defense and about $483,388 reimbursed to Maddox Defense through August 11, 2025. Mr. Maddox will receive no additional compensation for serving as a director.