debt
confidence high
sentiment neutral
materiality 0.60
Feutune Light Acquisition extends deadline to June 21, 2024 and issues $210,000 in promissory notes
Thunder Power Holdings, Inc.
- Deposited $60,000 into trust to extend business combination deadline from May 21 to June 21, 2024, issuing promissory note to Thunder Power Holdings.
- Issued $100,000 promissory note to Ling Houng Sham, spouse of Thunder Power CEO, for general corporate expenses.
- Issued $50,000 promissory note to Rockridge International Inc., designated by sponsor, for general corporate expenses.
- Notes are convertible into units at $10.00 per unit; one note bears 8% interest, others non-interest bearing.