Brief: Thunder Power Going Public Via Business Combination With Feutune Light Acquisition Corporation

Thunder Power Holdings

27/10/2023 11:13

Oct 27 (Reuters) - Feutune Light Acquisition Corp
 FLFV.O :
    * THUNDER POWER, AN INNOVATIVE MANUFACTURER OF PREMIUM EVS,
GOING
PUBLIC VIA BUSINESS COMBINATION WITH FEUTUNE LIGHT ACQUISITION
CORPORATION
    * FEUTUNE LIGHT ACQUISITION CORP - ENTERPRISE VALUE OF
THUNDER
POWER IS ESTIMATED TO BE US$400 MILLION
    * FEUTUNE LIGHT ACQUISITION CORP - IN INTERMEDIATE TO LONGER
TERM,
TRANSACTION IS EXPECTED TO POSITIVELY IMPACT COMPANY'S OPERATING
RESULTS

Source text for Eikon:  ID:nGNX9ntgFr 
Further company coverage:  FLFV.O 

 ((Reuters.Briefs@thomsonreuters.com;))