Feutune Light Acquisition Corporation Delays Stockholder Meeting for Approval of Groundbreaking Thunder Power Busines...

Published / Modified Jun 11 2024
CSIMarket Team / CSIMarket.com

Feutune Light Acquisition Corporation Announces Adjournment of Special Meeting to Approve Business Combination with Thunder Power Holdings Limited

DE, June 11, 2024 - Feutune Light Acquisition Corporation (Nasdaq: FLFV), a special purpose acquisition company, has announced the adjournment of its special meeting of stockholders, originally scheduled for June 11, 2024. The new meeting date has been rescheduled for June 17, 2024, at 9:00 a.m. Eastern Time. The purpose of this meeting is to seek stockholder approval for the business combination with Thunder Power Holdings Limited.

The decision to adjourn the Special Meeting was made to provide stockholders with sufficient time to review the materials related to the proposed business combination. Feutune Light Acquisition Corporation aims to ensure that stockholders have ample opportunity to ask questions and make well-informed decisions.

Due to the ongoing COVID-19 pandemic, the Special Meeting will be held virtually via teleconference. All participants can join the meeting by dialing +1 813-308-9980, with the access code: 173547. This arrangement ensures that everyone can attend the meeting conveniently and safely from their respective locations.

The postponed Special Meeting signifies the corporation's commitment to transparency and the importance it accords to stockholder engagement. Feutune Light Acquisition Corporation recognizes the significance of providing a platform for stockholders to voice their concerns, ask questions, and understand the proposed business combination thoroughly.

By adjourning the Special Meeting, Feutune Light Acquisition Corporation demonstrates its dedication to corporate governance principles and ensures that all stockholders have equal opportunities for participation. It believes that allowing more time for stockholders to review the business combination proposal will result in enhanced decision-making and overall support for the transaction.

Thunder Power Holdings Limited is a company at the forefront of technology and innovation in the electric vehicle industry. Feutune Light Acquisition Corporation's proposed business combination with Thunder Power Holdings aims to leverage the significant growth potential of the electric vehicle market and provide an attractive investment opportunity for its stockholders.

The new meeting date of June 17, 2024, allows stockholders to thoroughly consider the potential benefits of the business combination and review any additional information that may become available. It signifies the corporation's dedication to ensuring that stockholders' interests and concerns are appropriately addressed before finalizing the transaction.

In conclusion, Feutune Light Acquisition Corporation's decision to adjourn the Special Meeting demonstrates its commitment to stockholder engagement, transparency, and corporate governance. By providing additional time for stockholders to review materials and ask questions, the corporation aims to facilitate informed decision-making and ensure broad support for the proposed business combination with Thunder Power Holdings Limited.

Sources for this article: Feutune Light Acquisition Corporation Press release, News Wire, Globe Newswire, Business wire, Pr newswire.... and CSIMarket.com?s Assessment of Competitive Landscape


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