Thunder Power Holdings Files for IPO

Ticker: AIEV · Form: S-1 · Filed: Jan 14, 2025 · CIK: 1912582

Thunder Power Holdings, INC. S-1 Filing Summary
FieldDetail
CompanyThunder Power Holdings, INC. (AIEV)
Form TypeS-1
Filed DateJan 14, 2025
Risk Levelmedium
Pages14
Reading Time17 min
Key Dollar Amounts$100 million, $0.0001, $100 m, $0.34, $30,000
Sentimentneutral

Sentiment: neutral

Topics: ipo, registration-statement, automotive

TL;DR

Thunder Power Holdings (fka Feutune Light Acquisition Corp) just filed its S-1. EV play incoming.

AI Summary

Thunder Power Holdings, Inc. filed an S-1 registration statement on January 14, 2025, indicating its intent to go public. The company, formerly known as Feutune Light Acquisition Corp, is incorporated in Delaware and operates in the motor vehicles sector. The filing details its principal executive offices located at 221 W 9th St #848, Wilmington, Delaware.

Why It Matters

This S-1 filing signals Thunder Power Holdings' intention to become a publicly traded company, which could bring new capital and scrutiny to its operations in the electric vehicle market.

Risk Assessment

Risk Level: medium — As a newly public company in the competitive automotive sector, Thunder Power Holdings faces significant market and execution risks.

Key Numbers

Key Players & Entities

FAQ

What is the primary business of Thunder Power Holdings, Inc.?

Thunder Power Holdings, Inc. operates in the motor vehicles sector, specifically SIC code 3711 (MOTOR VEHICLES & PASSENGER CAR BODIES).

When was the S-1 filing submitted?

The S-1 filing was submitted on January 14, 2025.

What was the company's former name?

The company was formerly known as Feutune Light Acquisition Corp.

Where are Thunder Power Holdings' principal executive offices located?

The principal executive offices are located at 221 W 9th St #848, Wilmington, Delaware 19801.

Who is the Chief Executive Officer of Thunder Power Holdings?

Christopher Nicoll is the Chief Executive Officer of Thunder Power Holdings.

Filing Stats: 4,220 words · 17 min read · ~14 pages · Grade level 19.8 · Accepted 2025-01-14 17:11:48

Key Financial Figures

Filing Documents

USE OF PROCEEDS

USE OF PROCEEDS 42 DETERMINATION OF OFFERING PRICE 43 DIVIDEND POLICY 43 SUMMARY HISTORICAL FINANCIAL INFORMATION OF THUNDER POWER 44 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 45

BUSINESS

BUSINESS 52 MANAGEMENT 73

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 79 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 81 OTHER MATERIAL AGREEMENTS 83 PRINCIPAL SECURITYHOLDERS 87 SELLING SECURITYHOLDERS 89 DESCRIPTION OF OUR SECURITIES 90 MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS 97 PLAN OF DISTRIBUTION 101 LEGAL MATTERS 103 EXPERTS 103 WHERE YOU CAN FIND MORE INFORMATION 103

INFORMATION NOT REQUIRED IN PROSPECTUS

PART II INFORMATION NOT REQUIRED IN PROSPECTUS II-1 EXHIBIT INDEX II-5

SIGNATURES

SIGNATURES II-9 i ABOUT THIS PROSPECTUS This prospectus is part of a Registration Statement on Form S-1 that we filed with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended (the “Securities Act”). Our registration of the securities covered by this prospectus does not mean that either we or the Selling Securityholders will issue, offer or sell any of the securities registered hereunder. Under this shelf registration process, the Selling Securityholders may, from time to time, sell the securities offered by them described in this prospectus. We will not receive any proceeds from the sale by the Selling Securityholders of the securities offered by them described in this prospectus, but we will receive proceeds from any sales of Common Stock to Westwood under the Purchase Agreement. Neither we nor the Selling Securityholders have authorized anyone to provide you with any information or to make any representations other than those contained in this prospectus or any applicable prospectus supplement. Neither we nor the Selling Securityholders take responsibility for, or provide any assurance as to the reliability of, any other information that others may give you. Neither we nor the Selling Securityholders are making an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. The information appearing in this prospectus or any applicable prospectus supplement is accurate only as of the date on the front of the document, and any information we have incorporated by reference is accurate only as of the date of the document incorporated by reference, regardless of the time of delivery of this prospectus or any applicable prospectus supplement, or any sale of securities. Our business, financial condition, results of operations and prospects may have changed since that date. We may also provide a prospectus supplement or post-effective amendment to the Registration

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