Thunder Power Holdings SC 13D/A Filing Update
Ticker: AIEV · Form: SC 13D/A · Filed: Jun 25, 2024 · CIK: 1912582
| Field | Detail |
|---|---|
| Company | Thunder Power Holdings, INC. (AIEV) |
| Form Type | SC 13D/A |
| Filed Date | Jun 25, 2024 |
| Risk Level | low |
| Pages | 9 |
| Reading Time | 11 min |
| Key Dollar Amounts | $0.0001, $2,636,000, $25,000, $10.00, $4,788,750 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-filing, amendment, sec-filing
Related Tickers: THPR
TL;DR
Thunder Power Holdings (THPR) filed a 13D/A amendment on 6/25. No major changes reported.
AI Summary
Feutune Light Sponsor LLC, an entity associated with Thunder Power Holdings, Inc., filed an amendment on June 25, 2024, to its Schedule 13D. This filing relates to the common stock of Thunder Power Holdings, Inc. The filing does not disclose specific dollar amounts or significant changes in beneficial ownership, indicating a routine update.
Why It Matters
This filing provides an update on the ownership structure and potential influence over Thunder Power Holdings, Inc., which is relevant for investors monitoring the company's governance and strategic direction.
Risk Assessment
Risk Level: low — The filing is an amendment to a previous filing and does not report significant new information or changes in beneficial ownership, suggesting a low immediate risk.
Key Players & Entities
- Feutune Light Sponsor LLC (company) — Filer of the Schedule 13D/A
- Thunder Power Holdings, Inc. (company) — Subject company
- Yuanmei Ma (person) — Chief Financial Officer
FAQ
What is the purpose of this SC 13D/A filing?
This filing is an amendment to a previously filed Schedule 13D, providing updated information regarding beneficial ownership of Thunder Power Holdings, Inc. by Feutune Light Sponsor LLC.
Who is the subject company?
The subject company is Thunder Power Holdings, Inc.
Who is the entity filing this amendment?
The entity filing this amendment is Feutune Light Sponsor LLC.
When was this amendment filed?
This amendment was filed on June 25, 2024.
Does this filing indicate a change in control or significant new investment?
The filing is an amendment and does not explicitly state a change in control or a new significant investment; it appears to be an update to existing disclosures.
Filing Stats: 2,847 words · 11 min read · ~9 pages · Grade level 13.3 · Accepted 2024-06-25 10:34:36
Key Financial Figures
- $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
- $2,636,000 — ness Combination from the conversion of $2,636,000 of working capital loans from the Spons
- $25,000 — uo;) for an aggregate purchase price of $25,000 pursuant to a securities purchase agree
- $10.00 — ;Private Units”) from the FLFV at $10.00 per share for a total purchase price of
- $4,788,750 — per share for a total purchase price of $4,788,750. Each Private Unit consisted of one sha
Filing Documents
- ea0208441-13da2feut_thunder.htm (SC 13D/A) — 71KB
- ea020844101ex7-1_thunder.htm (EX-7.1) — 3KB
- ea020844101ex10-5_thunder.htm (EX-10.5) — 43KB
- 0001213900-24-055471.txt ( ) — 119KB
(d) or 2(e)
Item 2(d) or 2(e) ¨ 6 Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with 7 Sole voting power 2,755,472 (1)(2) 8 Shared voting power 9 Sole dispositive voting power 2,755,472 (1)(2) 10 Shared dispositive power 11 Aggregate amount beneficially owned by each reporting person 2,755,472 (1)(2) 12 Check box if the aggregate amount in row (11) excludes certain shares* ¨ 13 Percent of class represented by amount in row (11) 5.88% (3) 14 Type of reporting person* CO 1 (1) 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) 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; (y) 47,887 shares of PubCo Common Stock were issued as a
(d) or 2(e)
Item 2(d) or 2(e) ¨ 6 Citizenship or place of organization Hong Kong SAR, PRC Number of shares beneficially owned by each reporting person with 7 Sole voting power 2,755,472 (2) 8 Shared voting power 9 Sole dispositive voting power 2,755,472 (2) 10 Shared dispositive power 11 Aggregate amount beneficially owned by each reporting person 2,755,472 (2) 12 Check box if the aggregate amount in row (11) excludes certain shares* ¨ 13 Percent of class represented by amount in row (11) 5.88% 14 Type of reporting person* IN (2) Ms. Sau Fong 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 shares of Common Stock held by the Sponsor. 3 SCHEDULE 13D CUSIP No. 31561T 102 This statement (the “Schedule 13D”) relates to the common stock, par value $0.0001 (the “PubCo Common Stock”), issued by Thunder Power Holdings, Inc. (the “Issuer” or “PubCo”). All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D. Item 1. Security and Issuer. Securities acquired: Common Stock, $0.0001 par value. Issuer: Thunder Power Holdings, Inc. 221 W 9th St #848 Wilmington, Delaware 19801 Item 2. Identity and Background. (a) This statement is filed by Feutune Light Sponsor LLC, a Delaware limited liability company (the “Sponsor”) and Sau Fong Yeung (“Ms. Yeung”, and together with the Sponsor, the “Reporting Persons”). The Sponsor is the holder of record of approximately 5.88% of the Issuer’s outstanding shares of PubCo Common Stock based on the number of shares of PubCo Common Stock outstanding as of June 21, 2024 and Ms. Yeung is the sole manager of the Sponsor and deemed to have sole voting and investment discretion with respect to the shares of PubCo Common Stock held by the Sponsor.
of this Schedule 13D is hereby amended by adding the following
Item 7 of this Schedule 13D is hereby amended by adding the following to the end of the section: Exhibit No. Description 7.1 Joint Filing Agreement, dated June 21, 2024. 10.1 Securities Purchase Agreement, dated February 2, 2022 by and between Feutune Light Acquisition Corporation and Feutune Light Sponsor LLC.* 10.2 Securities Transfer Agreement, dated June 15, 2022 by and among Feutune Light Sponsor LLC and certain directors and officers of the Issuer.* 10.3 Private Units Purchase Agreement, dated June 15, 2022 by and between Feutune Light Acquisition Corporation and Feutune Light Sponsor LLC.* 10.4 Securities Transfer Agreement, dated March 14, 2023 by and among Feutune Light Acquisition Corporation and certain directors and officers of Feutune Light Acquisition Corporation.* 10.5 Letter Agreement, dated June 21, 2024 by and among Feutune Light Acquisition Corporation and Feutune Light Sponsor LLC and its members. * Previously Filed 7 SCHEDULE 13D CUSIP No. 31561T 102
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: June 25, 2024 Feutune Light Sponsor LLC By: /s/ Sau Fong Yeung /s/ Sau Fong Yeung Name: Sau Fong Yeung Name: Sau Fong Yeung Title: Sole Manager 8