Thunder Power Holdings Inc (AIEV) News

AIEV....................................https://www.stockscores.com/charts/charts/?ticker=AIEV

love that level 2 is back on this stock

strong buy in my onion was 9.00 dollars even if you think the worse that would be half

looking for turn around

see you Monday the 24th!!!

IRREVERSIBLE SELLING

Looking for a nice bounce monday morning wonder if they will be ringing the bell oh hell don't matter but the volume will be awesome!

Thunder Power (TPEV)
Motor Vehicle Manufacturing

Central, Hong Kong 3,569 followers

About us

Manufacturer of premium electric vehicles.
With R&D headquarters in Milan, production in Europe & Asia,
Thunder Power combines the very best of European technology,
Italian styling and race-derived dynamics.

The automotive world is entering an age of digital disruption.
Thunder Power believes that it is not a question of if but when the EV goes mainstream.

Thunder Power's vision is to establish a compu-motive business for the future.


https://www.tpev.com/en

Industry
Motor Vehicle Manufacturing
Company size
51-200 employees
Headquarters
Central, Hong Kong
Type
Public Company
Specialties
Automotive, Research & Development, Electric Vehicle, and Manufacturing



Locations

Primary

Lyndhurst Terrace
Central, Hong Kong ., HK


Via del Gregge
Lonate Pozzolo, Lombardy 21015, IT


https://www.linkedin.com/company/thunder-power-tpev-

Thunder Power Italy

Automotive

Lonate Pozzolo, Varese 157 followers
Follow

About us

Thunder Power is a manufacturer of premium electric vehicles.
With R&D headquarters in Milan, production in Europe & Asia, Thunder Power combines the very best of European technology, Italian styling and race-derived dynamics.
The automotive world is entering an age of digital disruption. Thunder Power believes that it is not a question of if but when the EV goes mainstream. Thunder Power's vision is to establish a compu-motive business for the next 100 years.


Industry
Automotive

Company size
11-50 employees

Headquarters
Lonate Pozzolo, Varese

Specialties
automotive and electric vehicle

Locations Primary

Via del Gregge, 100
Lonate Pozzolo, Varese 21015, IT

https://it.linkedin.com/company/thunder-power-italy?trk=similar-pages

Electric Power Technology General Information

Description

Electric Power Technology Ltd invests in electric vehicles, medical equipment, biotechnology and environmental green energy industries. The company specially engaged in the production of electric motors and sell of portable electric machine tools and their key components to domestic and foreign markets.

https://pitchbook.com/profiles/company/168886-18#overview

Subsidiary: Tonggao Advanced Manufacturing Technology Co., Ltd.
Jiading District, Shanghai, China
http://www.tg-amt.com/en/

The company mainly provides professional engineering and technical services for the automotive, marine, high-speed rail and aerospace manufacturing industries, especially in the process and automation equipment technology of high-power laser welding, robot piping and aluminum alloy cold connection.


Main customers include BMW, Geely-Volvo, Volkswagen, General Motors, Ford, Kehua, China CNR and other companies adhere to the three values of innovation, technology and service, hoping to provide customers with newer, better and more service
http://www.tg-amt.com/en/about/

Thunder Power Holdings

Automobile company

Parent organization: Electric Power Technology Limited https://www.bloomberg.com/quote/4529:TT

Subsidiary: Tonggao Advanced Manufacturing Technology Co., Ltd.
http://www.tg-amt.com/en/

Founded: 2013

To me this is strong buy I like a lot of new money strong company and Monday the 24th come in some big share holders good luck Monday the boat has loaded!

The Thunder Power website appears abandoned since 2019 as last time news was posted - Think its gonna wind up on the trash heap of failed fake EV companies hitting the Bankruptcy courts this summer. A 70% drop on the news doesn't bode well for the deal since 97.6% of FLFV investors pulled their money out not liking what they were seeing.

Thunder Power Holdings, Inc. Announces Consummation of Business Combination and Commencement of Trading on Nasdaq

Feutune Light Acquisition Corporation
GlobeNewswire
2 hours ago
Fri, Jun 21, 2024,
https://finance.yahoo.com/news/thunder-power-holdings-inc-announces-201500294.html

Day's Range 2.0300 - 8.9900

Market Cap (intraday) 14.355M

About Thunder Power

Thunder Power offers premium passenger electric vehicles (EVs), positioned to earn market share based on competitive design, quality, comfort, range, and price. The combined company intends to showcase the potential of its proprietary technologies through the manufacture and sale of premium passenger EVs, with distribution anticipated throughout the U.S., Europe, and Asia.

Wilmington, Delaware, June 21, 2024 (GLOBE NEWSWIRE) -- Thunder Power Holdings, Inc. (Nasdaq: AIEV), a developer of premium passenger EVs positioned to earn market share based on competitive design, quality, comfort, range, and price, today announced the successful closing of the business combination (the “Business Combination”) between Thunder Power Holdings Limited (“TPHL”) and Feutune Light Acquisition Corporation (“FLFV”), a publicly traded special purpose acquisition company. The Business Combination was approved at a special meeting of FLFV stockholders on June 17, 2024. Upon consummation of the Business Combination, the combined company changed its name to “Thunder Power Holdings, Inc.” (“Thunder Power Holdings”). The shares of common stock of Thunder Power Holdings are expected to commence trading on the Nasdaq Global Market on June 24, 2024, under the new ticker symbol “AIEV.”

“This closing represents the successful culmination of a tremendous amount of hard work by both Feutune Light and Thunder Power”, said FLFV’s Chairwoman Lei Xu. “We feel fortunate to have helped bring such an innovative vehicle manufacturer to market through our acquisition corporation, and now look forward to working together with Thunder Power’s expert management team as they bring their stand-out electric vehicles across global markets.”

Wellen Sham, the founder of TPHL commented, “We are delighted by our closing and impending listing on Nasdaq. Our new access to the capital markets will enable the next phase of our vehicle development. Our vehicles, with their innovative design, advanced technology and AI integration, are coming at the perfect time in our focused markets such as Taiwan.”

https://www.stocktitan.net/news/FLFV/thunder-power-holdings-inc-announces-consummation-of-business-59ankd9l7z9x.html

FLFV 2.70
-5.73 (-67.97%)
Volume: 675,599
Day Range: 2.03 - 8.99
Last Trade Time: 3:16:23 PM EDT

Feutune Light Acquisition Corporation Announces Approval of Business Combination by Stockholders

June 18 2024
https://ih.advfn.com/stock-market/NASDAQ/feutune-light-acquisition-FLFV/stock-news/94058622/feutune-light-acquisition-corporation-announces-ap

The final results for the matters submitted to a vote of FLFV’s stockholders at the Special Meeting are as follows:



1. The Business Combination Proposal On April 22, 2024



The stockholders of FLFV approved the proposal to (a) adopt and approve the Merger Agreement; (b) adopt and approve each Additional Agreement (as defined in the Merger Agreement); and (c) approve the Merger and other transactions contemplated therein.

Form 8-K
June 17, 2024
https://www.otcmarkets.com/filing/html?id=17632836&guid=lkO-k6TJbodfJth

https://www.tpev.com/en

https://en.wikipedia.org/wiki/Thunder_Power#Vehicles

Feutune Light Acquisition Corporation Announces that It Will Adjourn the Special Meeting of Stockholders to Approve Business Combination with Thunder Power Holdings Limited to June 17, 2024

June 11, 2024
https://www.globenewswire.com/en/news-release/2024/06/11/2896454/0/en/Feutune-Light-Acquisition-Corporation-Announces-that-It-Will-Adjourn-the-Special-Meeting-of-Stockholders-to-Approve-Business-Combination-with-Thunder-Power-Holdings-Limited-to-June.html

I don't know but when 97.26 % of the shares are redeemed doesn't that kinda doom the merger?

I really hope they don't wait until December to just cancel the deal... I can't imagine they would because they have to deposit $100,000 into the trust fund every month they extend.

poop time or go...

Right, and even though some of the money goes into a trust which would eventually be used on the blank check.... doesn't his remind you money laundering?

I don't know why they do the extensions but it is very common. It doesn't make sense to me because either you are gonna make a deal or your not.

Here we go again....

9 month extension which includes monthly payments of $60,000...

Is this normal SPAC behavior? Do they actually want this to go though? I hope so, because it looks lucrative.

https://news.spacconference.com/2024/03/20/feutune-light-secures-9-month-extension-to-complete-thunder-power-deal/

They do however have to pay $100,000 into the trust account per month unless they close. That says something.

They obviously aren't very motivated or they would have closed the deal already.

They must have to votes for the extension since they only left 3 days to make it work.

March 21st is coming up... these fuckers better go though with the deal

i'm liking this.. warrants look like a good bet

so it looks like Thunder Power will merge with Feutune based on an announcement made on Oct. 27.

as of now FLFVW go for ~0.02, so if they do convert that would be ridiculous.

I am assuming if they announce they will convert, the price would jump. So picking up some now might be good as you said.

Definitely something to keep an eye on into 2024 as the deal moves forward or terminates.

Will be on the lookout for any new warrants issued related to the deal.

The reason I ask is because when the VinFast SPAC deal happened, they immediately had warrants available for 88 cents which skyrocketed to $10 in days.

I'm pretty sure the SPAC company did a cash out deal and their warrants and shares did not convert so buying VFS warrants only started after the IPO.

Depends on the deal, sometimes they will convert into the new company and others will not.

I would say most do not convert but that's just off the top of my head.

let me ask you something, when a merger goes through do your warrants pass to the new company?

I don't buy the SPAC - I buy the warrants to the SPAC

Ahhh, a fresh young SPAC