Skip to main content

Feutune Light Acquisition Corporation Announces Approval of Business Combination by Stockholders

Written by Customer Service on . Posted in Public Companies.

Wilmington, DE, June 18, 2024 (GLOBE NEWSWIRE) — Feutune Light Acquisition Corporation (Nasdaq: FLFV), a special purpose acquisition company (“FLFV” or the “Company”), today announced that its previously announced business combination (the “Business Combination”) with Thunder Power Holdings Limited (“Thunder Power”), was approved at a special meeting of stockholders (the “Special Meeting”) of FLFV held on June 17, 2024. Approximately 95.87% of the votes cast at the Special Meeting were in favor of the Business Combination. FLFV plans to file the results of the Special Meeting, as tabulated by an independent inspector of elections, on a Current Report on Form 8-K with the Securities and Exchange Commission (the “SEC”).

The closing of the Business Combination is subject to the satisfaction of customary closing conditions. The combined company will be renamed as “Thunder Power Holdings, Inc.” and its shares of common stock are expected to begin trading on the Nasdaq under the symbol “AIEV” once the transaction is closed.

About Feutune Light Acquisition Corporation

Feutune Light Acquisition Corporation is a blank check company formed as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business are not limited to a particular industry or geographic region, although the Company is prohibited from undertaking an initial business combination with any entity that is based in or has the majority of its operations in China (including Hong Kong and Macau).

Forward-Looking Statements

This press release includes forward looking statements that involve risks and uncertainties. Forward looking statements are subject to numerous conditions, risks and changes in circumstances, many of which are beyond the control of the Company, including those set forth in the prospectus (File No. 333-264221) relating to the Company’s initial public offering, filed with the SEC on June 17, 2022, the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on March 6, 2024, and the proxy statement/prospectus included in the Registration Statement on Form S-4 (File No. 333-275933) relating to the Business Combination, initially filed with the SEC on December 7, 2023 and declared effective by the SEC on May 10, 2024, and other documents that the Company may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact Information:

Feutune Light Acquisition Corporation
Yuanmei Ma
Chief Financial Officer
221 W 9th St #848
Wilmington, Delaware
(909)-214-2482

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.