Successfully merged with Electric Power Technology Limited • Now trading as AIEV
SPAC Overview
$97.8M
IPO Size
$55M
Trust (as of 2024-03-31)
Completed
Current Status
2022
IPO Year
Timeline Progress
About
Feutune Light Acquisition Corporation is a newly organized blank-check company formed to identify and combine with one or more businesses. It has no particular industry or geographic focus and will not pursue a business based in or having most operations in China, including Hong Kong and Macau.
The terms and the filing trail behind Feutune Light Acquisition Corp
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Chen Chiwen
Chairman of the Board of Directors
Coleman Bradley
Chairman of the Board of Directors
Ka Wai Cheung
Chairman of the Board of Directors
Lei Xu
Chairwoman of the Board of Directors, Director, Director Nominee, President
Mingchih Chen
Acting Chairwoman of the Board of Directors, Director
Christopher Nicoll
Chief Executive Officer, Director
Lei Huang
Chief Executive Officer
Wellen Sham
Chief Executive Officer
Xuedong Tian
Chief Executive Officer, Chief Financial Officer, Director Nominee
Sam Yu
Director, President
Pok Man Ho
Financial Planning & Analysis Manager, Interim Chief Financial Officer
Yuanmei Ma
Chief Financial Officer, Director, Director Nominee
Chiu Wai Jo
Director of Financial Planning & Analysis
Ferdinand Kaiser
Director
Thomas Hollihan
Director
David Ping Li
Director, Director Nominee
Kevin D. Vassily
Director, Director Nominee
Michael Davidov
Director, Director Nominee
Lu Cai-Ni
Beneficial owner
Pok Ho Man
Beneficial owner
Sau Fong Yeung
Beneficial owner
Wenbing Chris Wang
Beneficial owner
De Mi
Ling Houng Sham
Extended Team Information
The founders and management team have experience in operating public and private entities, sourcing and investing, capital markets, corporate finance, education, and technology investment; some have prior SPAC experience.
Stock Performance
AIEV
Trading Symbol
First Trade
2022-08-08
$9.94
At Merger
2024-06-25
$1.72
-83%
6 Months Post-Merger
2024-12-23
$0.33
-81%
1 Year Post-Merger
2025-06-24
$0.10
-94%
2 Years Post-Merger
2026-06-22
$0.12
-93%
Current Price
2026-10-02
$0.14
-99%
Key Information
IPO Date
2022-06-17
Total Redemptions
$15M
State of Incorporation
DE
SIC
6770
Completion Date
2024-06-21
Merger Target
Electric Power Technology Limited
SPAC Ticker
FLFV
Merged Ticker
AIEV