Thunder Power Holdings Faces Delisting Concerns
Ticker: AIEV · Form: 8-K · Filed: Sep 6, 2024 · CIK: 1912582
| Field | Detail |
|---|---|
| Company | Thunder Power Holdings, INC. (AIEV) |
| Form Type | 8-K |
| Filed Date | Sep 6, 2024 |
| Risk Level | high |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $1 m, $50,000,000, $1.00, $5,000 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, regulatory-filing
TL;DR
Thunder Power Holdings might get delisted, stock could tank.
AI Summary
Thunder Power Holdings, Inc. filed an 8-K on September 6, 2024, to report a notice of delisting or failure to satisfy a continued listing rule. The company, formerly known as Feutune Light Acquisition Corp, was incorporated in Delaware and has its principal executive offices in Wilmington, Delaware.
Why It Matters
This filing indicates potential issues with Thunder Power Holdings' continued listing on an exchange, which could significantly impact its stock value and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued trading and financial stability.
Key Players & Entities
- Thunder Power Holdings, Inc. (company) — Registrant
- Feutune Light Acquisition Corp (company) — Former company name
- September 4, 2024 (date) — Earliest event reported
- September 6, 2024 (date) — Filing date
- Wilmington, Delaware (location) — Principal executive offices
FAQ
What specific listing rule or standard has Thunder Power Holdings, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that has not been met, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated September 4, 2024.
What was Thunder Power Holdings, Inc. previously named?
Thunder Power Holdings, Inc. was formerly named Feutune Light Acquisition Corp.
In which state was Thunder Power Holdings, Inc. incorporated?
Thunder Power Holdings, Inc. was incorporated in Delaware.
What is the address of Thunder Power Holdings, Inc.'s principal executive offices?
The principal executive offices are located at 221 W 9th St #848, Wilmington, Delaware 19801.
Filing Stats: 949 words · 4 min read · ~3 pages · Grade level 14.7 · Accepted 2024-09-06 16:05:20
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share AIEV The Nasdaq Global Ma
- $1 m — ommon Stock"), fails to comply with the $1 minimum bid price required for continued
- $50,000,000 — Value of Listed Securities ("MVLS") of $50,000,000 (the "MVLS Requirement") based upon the
- $1.00 — of the Common Stock must meet or exceed $1.00 per share, and the Company's MVLS must
- $5,000 — application and submit a non-refundable $5,000 application fee ("Transfer Application"
- $0.10 — Common Stock has a closing bid price of $0.10 or less for ten consecutive trading day
Filing Documents
- ea0213747-8k_thunder.htm (8-K) — 27KB
- 0001213900-24-076507.txt ( ) — 197KB
- aiev-20240904.xsd (EX-101.SCH) — 3KB
- aiev-20240904_lab.xml (EX-101.LAB) — 33KB
- aiev-20240904_pre.xml (EX-101.PRE) — 22KB
- ea0213747-8k_thunder_htm.xml (XML) — 4KB
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. Thunder Power Holdings, Inc. Dated: September 6, 2024 By: /s/ Yuanmei Ma Name: Yuanmei Ma Title: Chief Financial Officer 2