Thunder Power Holdings, Inc. (AIEV): debt financing — Feutune Light extends deadline to Oct 21 via $100k trust deposit; issues promissory note to sponsor

Thunder Power Holdings, Inc.

$100,000 deposited into trust to extend business combination deadline from Sept 21 to Oct 21, 2023.
Fourth of up to nine monthly extensions permitted under charter; each extension costs $100,000.
Sponsor Feutune Light Sponsor LLC provided the deposit via an unsecured, non-interest-bearing promissory note.
Note matures at earlier of business combination or term expiry; convertible into private units at $10.00 per unit.
Press release issued Sept 21, 2023; note issued under Section 4(a)(2) exemption.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Thunder Power Holdings, Inc. incurred debt of $100,000 with Feutune Light Sponsor LLC at no interest maturing earlier of consummation of business combination or date of expiry of term of Company.

Principal: $100,000
Counterparty: Feutune Light Sponsor LLC
Rate: no interest
Maturity: earlier of consummation of business combination or date of expiry of term of Company
Event: incurrence

Exact text from the filing

o the Company’s sponsor, Feutune Light Sponsor LLC (the “ Sponsor ”), to evidence the payments made by the

View on SEC.gov

Browse all debt financings →

Thunder Power Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-078209

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.