other material
confidence high
sentiment neutral
materiality 0.30
Feutune Light extends SPAC deadline to Aug 21, 2023 with $100K trust deposit
Thunder Power Holdings, Inc.
- $100,000 deposited into trust account to extend business combination deadline from July 21 to August 21, 2023.
- This is the second of up to nine monthly extensions permitted under the amended charter.
- Payment funded from working capital; sponsor to reimburse within two months via promissory note.
- Extension period runs until March 21, 2024 if all monthly deposits are made.