Feutune Light Acquisition Corporation
FLFVU
NASDAQ Global Market3.19
USD
-5.92
- -
CIK
0001912582
ISIN
US31561T2015
CUSIP
31561T201
Return %
Stock
S&P500
1Y
-70.05
26.53
3Y
-67.91
76.60
5Y
-67.91
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- 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
- Jun 16, 2022
- CIK
- 0001912582
- Similar Companies
- Business
- Feutune Light Acquisition Corporation (NASDAQ:FLFVU) operates as a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it conducts no significant operations prior to completing such a transaction. Incorporated in Delaware in January 2022 and headquartered in Metuchen, New Jersey (with subsequent administrative address in Wilmington, Delaware), the company targets opportunities across various industries and geographies, excluding entities primarily based in or operating in China, Hong Kong, or Macau. In June 2024, Feutune Light completed a reverse merger with Thunder Power Holdings Limited, a developer of premium electric vehicles including coupes, compact city cars, and long-range sedans, resulting in the combined entity renaming to Thunder Power Holdings, Inc., which commenced trading on Nasdaq under the ticker AIEV, while FLFVU units, FLFV warrants, and FLFVR rights faced trading suspension. The business combination, initially announced in October 2023 with a deal value of $506 million including up to 20 million earnout shares, received strong stockholder approval (95.87%) at a special meeting on June 17, 2024, and closed on June 21, 2024 following SEC effectiveness of the Form S-4 registration statement; the transaction was supported by advisors including EF Hutton, US Tiger Securities, and law firms Brown Rudnick and Robinson & Cole, positioning the post-merger entity to leverage Thunder Power's EV technology, AI integration, and focus on markets such as Taiwan.