Feutune Light Acquisition Corporation

Feutune Light Acquisition Corporation

FLFV
Feutune Light Acquisition CorporationUS flagNASDAQ Global Market
2.56
USD
-5.87
- -
14.35MMarket Cap
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
Basic EPS, GAAP
0.05
0.13
0.16
Free Cash Flow per Basic Share
-0.07
-0.25
-0.56
Dividend per Share
- -
- -
- -
Book Value per Share
12.06
4.67
4.77
Tangible Book Value per Share
12.06
4.67
4.77
Basic Weighted Avg Shares
8
10
5
Sales/Revenue/Turnover
- -
- -
- -
Operating Margin (%)
- -
- -
- -
Depreciation Expense
- -
- -
- -
Net Income, GAAP
- -
1
1
Effective Tax Rate (%)
49.48
44.63
57.65
Profit Margin (%)
- -
- -
- -
Working Capital
- -
-3
-30
LT Debt
- -
- -
- -
Total Equity
97
48
22
Return on Invested Capital (%)
- -
- -
- -
Return on Capital (%)
- -
- -
- -
Return on Common Equity (%)
- -
1.84
1.18

Capital Structure

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
ST Debt
2
2
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
8
8
Market Capitalization
67
68
49

Working Capital

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
3
30
Payables & Accruals
- -
1
27
ST Debt
2
2
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-50.77%
Free Cash Flow
- -
- -
388.44%
Net Income, GAAP
- -
- -
230.42%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
0.05
2023
0.05
0.2
0.01
- -
0.13
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Xuedong Tian
Full Time Employees
3
Sector
Financial Services
Industry
Shell Companies
Address
Building A Metuchen NJ United States of America 08840
IPO Date
Aug 8, 2022
Business
Feutune Light Acquisition Corporation (NASDAQ: FLFV) is a blank check company, or special purpose acquisition company (SPAC), formed in 2022 as a Delaware corporation headquartered in Metuchen, New Jersey. The company has no significant operations and focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, without limitation to a particular industry or geographic region other than prohibitions on targets primarily based in or operating in China, Hong Kong or Macau. Its efforts target businesses suitable for public listing via the SPAC structure, providing a pathway for private companies to access public markets. In a major development, Feutune Light completed a reverse merger with Thunder Power Holdings Limited, a British Virgin Islands-based developer of premium electric vehicles, on June 21, 2024, following stockholder approval on June 17, 2024 with 95.87% support; post-merger, the combined entity rebranded as Thunder Power Holdings, Inc. and began trading on Nasdaq under the ticker AIEV on June 24, 2024, while FLFV shares continued trading separately amid subsequent market challenges including potential delisting notices.

Company News

APIChat
  • Thunder Power Holdings, Inc. Announces Consummation of Business Combination and Commencement of Trading on Nasdaq

  • Feutune Light Acquisition Corporation Announces Approval of Business Combination by Stockholders

  • Feutune Light Acquisition Corporation Announces that It Will Adjourn the Special Meeting of Stockholders to Approve Business Combination with Thunder Power Holdings Limited to June 17, 2024

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination and Issuances of Promissory Notes

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

  • Feutune Light Acquisition Corporation Announces Stockholder Approval for Extending Business Combination Deadline and Merger Agreement Amendment with Thunder Power Holdings Limited

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

  • Thunder Power, an Innovative Manufacturer of Premium EVs, Going Public via Business Combination with Feutune Light Acquisition Corporation

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

  • Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination