Business Context and Reporting Period
This Form 6-K filing by Pheton Holdings Ltd (a Cayman Islands company) covers the month of December 2025. The report details the outcomes of the 2025 Annual General Meeting held on December 19, 2025, in Shenzhen, China. The filing is signed by Jianfei Zhang, Chief Executive Officer and Chairman of the Board.
Key Financial Metrics
The filing text does not provide specific financial data such as revenue, profit, cash flow, margins, debt, or liquidity metrics for the current or prior periods. The document focuses exclusively on corporate governance resolutions and structural changes.
Material Changes and Corporate Actions
- Corporate Name Change: Shareholders approved a special resolution to change the company name from "Pheton Holdings Ltd" to "iTonic Holdings Ltd."
- Ticker Symbol Change: The Nasdaq ticker symbol will change from "PTHL" to one of the following: "ITOC", "ITON", or "ITOH".
- Share Consolidation Authorization: The Board was authorized to effect share consolidations over a two-year period. The cumulative consolidation ratio is capped at 1:4,000.
- Governance Updates:
- Reelection of Jianfei Zhang and Pengfei Zhang as directors.
- Reelection of Swee Leng Seng, Yun Fai Wong, and Richard Wee Yong Seow as independent directors.
- Ratification of the auditor's report for the financial year ending December 31, 2024.
Guidance, Outlook, and Risks
The filing does not contain management commentary on future financial guidance, market outlook, specific risks, or contingencies. The primary focus is the execution of the name change and the authorization of potential share consolidations, which are conditional on Board discretion regarding timing and exact ratios.
Investor Verification Checklist
- Confirm the final selected Nasdaq ticker symbol (ITOC, ITON, or ITOH) and the effective date of the name change to "iTonic Holdings Ltd."
- Monitor future announcements for the specific timing and ratio of any share consolidation, noting the 1:4,000 cumulative cap.
- Verify the updated Memorandum and Articles of Association reflecting the name change and consolidation provisions.
- Review the full 2024 annual report (ratified at the meeting) for detailed financial performance, as this 6-K does not include those figures.