Feutune Light Acquisition Corp. Discloses Unit, Stock, Warrant Details
Ticker: AIEV · Form: 8-K · Filed: Apr 18, 2024 · CIK: 1912582
Sentiment: neutral
Topics: spac, securities-disclosure, unit-structure
Related Tickers: FLFV
TL;DR
FLFV units = common stock + warrant ($11.50 strike) + right (1/10 share).
AI Summary
Feutune Light Acquisition Corp. (FLFV) filed an 8-K on April 18, 2024, disclosing information regarding its units, common stock, warrants, and rights. The company's units consist of one share of common stock, one warrant, and one right. Warrants are exercisable for one share of common stock at $11.50, and rights are exchangeable for one-tenth of a share of common stock upon a business combination.
Why It Matters
This filing provides crucial details about the components of Feutune Light Acquisition Corp.'s units, which is important for investors to understand the structure and potential value of their holdings.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of security details and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 1 — Share of Common Stock per Unit (Part of the Feutune Light Acquisition Corp. unit structure.)
- 1 — Warrant per Unit (Part of the Feutune Light Acquisition Corp. unit structure.)
- 1 — Right per Unit (Part of the Feutune Light Acquisition Corp. unit structure.)
- 11.50 — Warrant Exercise Price (Price at which Feutune Light Acquisition Corp. warrants can be exercised.)
- 1/10 — Share per Right (Exchange ratio for Feutune Light Acquisition Corp. rights.)
Key Players & Entities
- Feutune Light Acquisition Corp. (company) — Filer of the 8-K
- FLFV (company) — Ticker symbol for Feutune Light Acquisition Corp.
- 11.50 (dollar_amount) — Exercise price for warrants
FAQ
What is the composition of Feutune Light Acquisition Corp.'s units?
Each unit consists of one share of Class Common Stock, one warrant, and one right.
What is the exercise price for the warrants issued by Feutune Light Acquisition Corp.?
Each warrant is exercisable for one share of Class Common Stock at an exercise price of $11.50.
What is the exchange ratio for the rights issued by Feutune Light Acquisition Corp.?
Each right is exchangeable for one-tenth (1/10) of one share of Class Common Stock at the closing of a business combination.
When was this 8-K filing submitted by Feutune Light Acquisition Corp.?
The filing was submitted on April 18, 2024.
What is the par value of Feutune Light Acquisition Corp.'s Class Common Stock?
The par value of the Class Common Stock is $0.0001 per share.
Filing Stats: 1,430 words · 6 min read · ~5 pages · Grade level 15 · Accepted 2024-04-18 17:17:07
Key Financial Figures
- $0.0001 — t LLC Class A Common Stock, par value $0.0001 per share FLFV The Nasdaq Stock Mar
- $11.50 — A Common Stock at an exercise price of $11.50 FLFVW The Nasdaq Stock Market LLC
- $60,000 — nt On April 18, 2024, an aggregate of $60,000 (the " April Monthly Extension Payment
- $10.00 — amount payable to Thunder Power by (y) $10.00. In the event that the transactions c
Filing Documents
- ea0204179-8k_feutune.htm (8-K) — 62KB
- ea020417901ex10-1_feutune.htm (EX-10.1) — 30KB
- ea020417901ex99-1_feutune.htm (EX-99.1) — 6KB
- ex99-1_001.jpg (GRAPHIC) — 2KB
- 0001213900-24-034173.txt ( ) — 348KB
- flfv-20240418_def.xml (EX-101.DEF) — 27KB
- flfv-20240418_lab.xml (EX-101.LAB) — 38KB
- flfv-20240418_pre.xml (EX-101.PRE) — 26KB
- flfv-20240418.xsd (EX-101.SCH) — 4KB
- ea0204179-8k_feutune_htm.xml (XML) — 9KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Feutune Light Acquisition Corporation Date: April 18, 2024 By: /s/ Yuanmei Ma Name: Yuanmei Ma Title: Chief Financial Officer 3