Thunder Power completes business combination with TPHL; begins trading on Nasdaq under AIEV

Thunder Power Holdings, Inc.

FLFV stockholders approved deal; 1,355,132 shares redeemed at $11.13 for ~$15.0M.
Post-close: 45,880,057 common shares, 10,535,398 warrants, 20M earnout shares in escrow.
New CEO Christopher Nicoll, CFO Yuanmei Ma; board includes Coleman Bradley (Chairman), Mingchih Chen, Thomas Hollihan, Kevin Vassily.
New charter increases authorized common to 1B shares and preferred to 100M; classified board with staggered terms.
2024 Equity Incentive Plan reserves 4,588,005 shares (10% of outstanding); auto-increase annually through 2035.

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