secwatch.observer — SEC 8-K summary
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Issuer:     Thunder Power Holdings, Inc. (AIEV)
CIK:        0001912582
Form:       8-K
Filed at:   2024-06-13T23:59:59+00:00
Accession:  0001213900-24-052345
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Feutune Light SPAC sees 97.3% public share redemption ahead of Thunder Power vote
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- Holders of 2,533,295 public shares (97.26% of total) elected to redeem for ~$11.09 per share as of June 12, 2024.
- Special meeting to vote on Thunder Power business combination adjourned to June 17, 2024 from original June 11 date.
- High redemption rate may leave insufficient trust proceeds to complete the business combination.
- Per-share redemption estimate reflects trust account balance after franchise and income tax withdrawals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1912582/000121390024052345/0001213900-24-052345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1912582/000121390024052345/ea0207832-8k425_feutune.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-052345

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