other material
confidence high
sentiment neutral
materiality 0.50
Feutune Light extends business combination deadline to Jan 21, 2024 with $100K deposit and note to Thunder Power
Thunder Power Holdings, Inc.
- Deposited $100,000 into trust account to extend deadline from Dec 21, 2023 to Jan 21, 2024.
- Issued $100,000 unsecured promissory note to Thunder Power Holdings, bearing no interest, due at merger or expiry.
- Note is convertible into private units at $10.00 per unit at Thunder Power's option.
- This is the seventh of up to nine monthly extensions permitted under the Company's charter.