Thunder Power Holdings, Inc. (AIEV): M&A transaction — 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.

item 2.01 item 3.02 item 5.02 item 9.01 item 3.03 item 5.01 item 5.03 item 5.06 item 8.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Thunder Power Holdings, Inc. underwent a change of control involving Thunder Power Holdings Limited (closed 2024-06-21).

Action: change of control
Counterparty: Thunder Power Holdings Limited
Closing: 2024-06-21

Exact text from the filing

on June 21, 2024, the parties to the Business Combination Agreement consummated the Business Combination (such consummation, the “ Closing ”).

View on SEC.gov

Browse all m&a transactions →

Thunder Power Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-056731

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.