4//SEC Filing
Feutune Light Sponsor LLC 4
Accession 0001213900-24-055625
CIK 0001912582other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 1:39 PM ET
Size
12.5 KB
Accession
0001213900-24-055625
Insider Transaction Report
Form 4
Yeung Sau Fong
10% Owner
Transactions
- Other
Common Stock
2024-06-21+2,755,472→ 2,755,472 total(indirect: See Footnote) - Other
warrants
2024-06-21$11.50/sh+742,475$8,538,463→ 742,475 total(indirect: See Footnote)→ Common Stock (742,475 underlying)
Feutune Light Sponsor LLC
10% Owner
Transactions
- Other
Common Stock
2024-06-21+2,755,472→ 2,755,472 total(indirect: See Footnote) - Other
warrants
2024-06-21$11.50/sh+742,475$8,538,463→ 742,475 total(indirect: See Footnote)→ Common Stock (742,475 underlying)
Footnotes (6)
- [F1]Representing 2,755,472 shares of common stock, par value $0.0001 per share (the "PubCo Common Stock"), of Thunder Power Holdings, Inc. (the "Issuer" or "PubCo") held by Feutune Light Sponsor LLC (the "Sponsor"). Pursuant to an Agreement and Plan of Merger, dated October 26, 2023 (as amended on March 19, 2024 and April 5, 2024, the "Merger Agreement"), by and among Feutune Light Acquisition Corporation, a Delaware corporation and the predecessor of the Issuer ("FLFV"), Feutune Light Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of FLFV ("Merger Sub"), and Thunder Power Holdings Limited, a British Virgin Islands company ("Thunder Power"), relating to the business combination of FLFV and Thunder Power, at the closing of the transactions contemplated thereunder (collectively, the "Business Combination") on June 21, 2024: (x) see footnote 2 below; (y) see footnote 3 below; (z) see footnote 4 below.
- [F2]All 1,938,750 shares of Class B common stock, par value $0.0001per share (the "Class B Common Stock") and all 478,875 shares of Class A common stock, par value $0.0001 per share (the "Class A Common Stock") of FLFV that the Sponsor held prior to the closing of the Business Combination, were converted, on an one-for-one basis into 2,417,625 shares of PubCo Common Stock.
- [F3]47,887 shares of PubCo Common Stock were issued as a result of the cancellation of 478,875 rights of FLFV that the Sponsor held prior to the Business Combination and the exchange of all such 478,875 rights, on ten-for-one basis, for such number of shares of PubCo Common Stock, with no fractional shares issued.
- [F4]289,960 shares of PubCo Common Stock were issued, including (1) 263,600 shares of PubCo Common Stock converted, on a one-for-one basis, from 263,600 shares of Class A common stock underlying 263,600 units of FLFV (the "Working Capital Units") that were issued immediately prior to the Business Combination from the conversion of $2,636,000 of working capital loans from the Sponsor to the FLFV (the "Working Capital Loans"), and (2) 26,360 shares of PubCo Common Stock converted, on a ten-for-one basis, from the cancellation and exchange of 263,600 rights of FLFV underlying the Working Capital Units, on a ten-for-one basis, for such number of shares of PubCo Common Stock, with no fractional shares issued.
- [F5]The Sponsor is the record holder of the securities reported herein. Ms. Yeung is the sole manager of the Sponsor, and as such may be deemed to have sole voting and investment discretion with respect to the securities held by the Sponsor.
- [F6]Include: (x) 478,875 warrants converted, on a one-for-one basis, from 478,875 warrants of FLFV underlying the private placement units of FLFV that the Sponsor owned prior to the Business Combination; and (y) 263,600 warrants converted, on a one-for-one basis, from 263,600 warrants of FLFV underlying the Working Capital Units.
Documents
Issuer
Thunder Power Holdings, Inc.
CIK 0001912582
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001912588
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 1:39 PM ET
- Size
- 12.5 KB