---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-052216"
form_type: "8-K"
ticker: "AIEV"
cik: "0001912582"
company_name: "Thunder Power Holdings, Inc."
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:42:15.681023+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Feutune Light SPAC enters forward purchase deal with Meteora; 97.3% of public shares redeemed

## Summary
- Forward Purchase Agreement allows Meteora to buy up to 4.9M shares at $10.00 initial price to support business combination with Thunder Power.
- Subscription agreement for up to 4.9M shares (less recycled shares) at $10.00 per share; shares unregistered under Section 4(a)(2).
- As of June 12, 2024, 97.26% (2,533,295) of public shares elected redemption at ~$11.09 per share from trust account.
- Meteora entities waive redemption rights on recycled shares; prepayment shortfall of 0.25% of recycled shares at initial price.
- Business combination with Thunder Power Holdings (enterprise value $600M) remains pending; high redemptions reduce available trust funds.

## SEC filing metadata
- accession: 0001213900-24-052216
- form_type: 8-K
- ticker: AIEV
- cik: 0001912582
- company_name: Thunder Power Holdings, Inc.
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1912582/000121390024052216/0001213900-24-052216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1912582/000121390024052216/ea0207716-8k425_feutune.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-052216
- JSON: https://secwatch.observer/filing/0001213900-24-052216.json
- Plain text: https://secwatch.observer/filing/0001213900-24-052216.txt

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