Core Viewpoint - Feutune Light Acquisition Corporation has successfully approved its business combination with Thunder Power Holdings Limited, with a significant majority of stockholders voting in favor of the transaction [2]. Group 1: Business Combination Details - The business combination was approved at a special meeting of stockholders held on June 17, 2024, with approximately 95.87% of the votes cast in favor [2]. - The closing of the business combination is contingent upon the satisfaction of customary closing conditions [3]. - Following the completion of the transaction, the combined company will be renamed "Thunder Power Holdings, Inc." and its shares are expected to trade on Nasdaq under the symbol "AIEV" [3]. Group 2: Company Background - Feutune Light Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses [1].
Feutune Light Acquisition Corporation Announces Approval of Business Combination by Stockholders