---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-071464"
form_type: "8-K"
ticker: "AIEV"
cik: "0001912582"
company_name: "Thunder Power Holdings, Inc."
filed_at: "2024-08-21T23:59:59+00:00"
generated_at: "2026-05-31T08:19:06.874766+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Thunder Power enters $100M committed equity facility with Westwood Capital

## Summary
- Up to $100M in common stock may be sold to Westwood over 36 months at 95% of 3-day VWAP.
- Commitment fee of $1.5M paid as 150,000 restricted shares; lock-up expires Feb 20, 2025.
- Company controls timing and amount of draws; no obligation to use facility.
- Draws require effective resale registration statement and stock price above $1.00 threshold.
- Proceeds intended for working capital and EV model development.

## SEC filing metadata
- accession: 0001213900-24-071464
- form_type: 8-K
- ticker: AIEV
- cik: 0001912582
- company_name: Thunder Power Holdings, Inc.
- filed_at: 2024-08-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1912582/000121390024071464/0001213900-24-071464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1912582/000121390024071464/ea0211785-8k_thunder.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-071464
- JSON: https://secwatch.observer/filing/0001213900-24-071464.json
- Plain text: https://secwatch.observer/filing/0001213900-24-071464.txt

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