---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-065349"
form_type: "8-K/A"
ticker: "AIEV"
cik: "0001912582"
company_name: "Thunder Power Holdings, Inc."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:41:43.055293+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Thunder Power amends 8-K with pro forma financials and 74.65% insider ownership

## Summary
- Wellen Sham and affiliates control 34.25M shares (74.65% voting power) as of June 21, 2024.
- Pro forma balance sheet at March 31, 2024 shows total assets of $13.65M and accumulated deficit of $49.77M.
- Closing merger consideration: 40M shares valued at $400M; earnout shares up to 20M tied to revenue thresholds ($42.2M and $415M).
- Company is a 'controlled company' under Nasdaq rules due to Sham's majority ownership.
- Pro forma statements account for reverse recapitalization; historical results are Thunder Power's.

## SEC filing metadata
- accession: 0001213900-24-065349
- form_type: 8-K/A
- ticker: AIEV
- cik: 0001912582
- company_name: Thunder Power Holdings, Inc.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1912582/000121390024065349/0001213900-24-065349-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1912582/000121390024065349/ea0209373-8ka1_thunder.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-065349
- JSON: https://secwatch.observer/filing/0001213900-24-065349.json
- Plain text: https://secwatch.observer/filing/0001213900-24-065349.txt

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