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Feutune Light Acquisition Corp. Merger Update

Wilmington, DE, June 11, 2024 (GLOBE NEWSWIRE) — Feutune Light Acquisition Corporation (Nasdaq: FLFV), a special purpose acquisition company, today announced that it will postpone its special meeting of shareholders scheduled for June 11, 2024 at 9:00 a.m. EST. The Special Meeting will adjourn until June 17, 2024 at 9:00 a.m. Eastern Time. As previously announced, the Special Meeting will be held virtually via teleconference with the same access information at: +1 813-308-9980.

As a result of the postponement, public shareholders of FLFV will have until June 13, 2024 (two business days before the date of the new meeting) to exercise their redemption rights. The Special Meeting will be held to vote on the proposals described in the prospectus/proxy document filed by FLFV with the Securities and Exchange Commission (“SEC”) (Docket No. 333-275933) on May 16, 2024, including the approval of the Agreement and Merger Plan dated October 26, 2023, as amended from time to time, by and between FLFV, Feutune Light Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of FLFV (the “Merger Company”) and Thunder Power Holdings Limited, a British Virgin Islands company (“Thunder Power”), whereby Thunder Power will merge with Merger Sub to become Merger Sub, with Merger Sub remaining a wholly owned subsidiary of FLFV.

Shareholders who have previously submitted their proxies or voted in another way and who do not wish to change their vote do not need to take any action. Shareholders who held shares of FLFV Class A common stock as of the April 22, 2024 record date may vote even if they later sold their shares. Shareholders wishing to withdraw a previously submitted redemption request may do so prior to the date of the adjourned meeting by requesting that the transfer agent return those shares prior to the Special Meeting.

About Feutune Light Acquisition Corporation

Feutune Light Acquisition Corporation is a blank check company organized as a Delaware corporation for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more companies. The Company’s efforts to identify potential target businesses are not limited to any particular industry or geographic region, although the Company is prohibited from engaging in initial business combinations with any entity domiciled or having a majority of its operations in China (including Hong Kong and Macau).