Feutune Light Acquisition Corporation Announces Approval of Business Combination by Stockholders
18 June 2024 - 3:30PM
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 CorporationYuanmei MaChief Financial
Officer221 W 9th St #848Wilmington, Delaware(909)-214-2482
Feutune Light Acquisition (NASDAQ:FLFV)
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