secwatch.observer — SEC 8-K summary
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Issuer:     Thunder Power Holdings, Inc. (AIEV)
CIK:        0001912582
Form:       8-K
Filed at:   2022-06-27T23:59:59+00:00
Accession:  0001213900-22-035271
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Feutune Light Acquisition closes IPO, raises $102.7M gross, $99.2M in trust
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- IPO of 9,775,000 units at $10/unit (including full over-allotment of 1,275,000 units).
- Private placement of 498,875 units to sponsor and USTS for $4.99M.
- Total gross proceeds of $102.7M; $99.2M placed in trust account earning interest.
- Company has 9 months (up to 18) to complete a business combination; cannot target entities based in China.
- Cash outside trust: $1.03M for working capital; transaction costs total $6.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1912582/000121390022035271/0001213900-22-035271-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1912582/000121390022035271/ea162080-8k_feutune.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-035271

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer