---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-068871"
form_type: "8-K"
ticker: "AIEV"
cik: "0001912582"
company_name: "Thunder Power Holdings, Inc."
filed_at: "2023-08-18T23:59:59+00:00"
generated_at: "2026-06-11T07:08:41.628860+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Feutune Light restates FY2022 financials; non-reliance on prior 10-K

## Summary
- Audit committee concluded Dec 31, 2022 financials should no longer be relied upon due to errors in IPO unit fair value allocation and tax accruals.
- Restatement corrects initial fair value allocation of public shares and warrants and federal/state income tax accruals.
- Cash position and trust account cash held in IPO trust are not impacted by the restatement.
- Company expects to file Amended 10-K by August 18, 2023 or shortly thereafter.

## SEC filing metadata
- accession: 0001213900-23-068871
- form_type: 8-K
- ticker: AIEV
- cik: 0001912582
- company_name: Thunder Power Holdings, Inc.
- filed_at: 2023-08-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1912582/000121390023068871/0001213900-23-068871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1912582/000121390023068871/ea183856-8k_feutune.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-068871
- JSON: https://secwatch.observer/filing/0001213900-23-068871.json
- Plain text: https://secwatch.observer/filing/0001213900-23-068871.txt

## Key facts
- Auditor Changes
  Thunder Power Holdings, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: management has determined that the initial fair value allocation of public shares and warrants and federal and state income tax accruals shall be restated
  evidence_url: https://www.sec.gov/Archives/edgar/data/1912582/000121390023068871/0001213900-23-068871-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.