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Feutune Light Acquisition Corporation

Feutune Light Acquisition Corporation (FLFV)

10.91
0.00
(0.00%)
Closed April 27 4:00PM
0.00
0.00
(0.00%)
After Hours: 4:03PM

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Key stats and details

Current Price
10.91
Bid
10.88
Ask
17.45
Volume
-
0.00 Day's Range 0.00
10.40 52 Week Range 12.05
Market Cap
Previous Close
10.91
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
43,018
Shares Outstanding
12,777,625
Dividend Yield
-
PE Ratio
104.30
Earnings Per Share (EPS)
0.1
Revenue
-
Net Profit
1.34M

About Feutune Light Acquisition Corporation

Feutune Light Acquisition Corp is a newly organized blank check company. Feutune Light Acquisition Corp is a newly organized blank check company.

Sector
Blank Checks
Industry
Blank Checks
Headquarters
Wilmington, Delaware, USA
Founded
1970
Feutune Light Acquisition Corporation is listed in the Blank Checks sector of the NASDAQ with ticker FLFV. The last closing price for Feutune Light Acquisition was $10.91. Over the last year, Feutune Light Acquisition shares have traded in a share price range of $ 10.40 to $ 12.05.

Feutune Light Acquisition currently has 12,777,625 shares outstanding. The market capitalization of Feutune Light Acquisition is $139.40 million. Feutune Light Acquisition has a price to earnings ratio (PE ratio) of 104.30.

FLFV Latest News

Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Metuchen, NJ, April 18, 2024 (GLOBE NEWSWIRE) --  Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today...

Feutune Light Acquisition Corporation Announces Stockholder Approval for Extending Business Combination Deadline and Merger Agreement Amendment with Thunder Power Holdings Limited

Metuchen, NJ, March 19, 2024 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (“FLFV”), a blank check company incorporated in Delaware, today announced it held a special...

Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Metuchen, NJ, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today...

Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Metuchen, NJ, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today...

Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Metuchen, NJ, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today...

Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Metuchen, NJ, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today...

Thunder Power, an Innovative Manufacturer of Premium EVs, Going Public via Business Combination with Feutune Light Acquisition Corporation

Thunder Power develops and plans to manufacture premium passenger electric vehicles with a high degree of customization: Thunder Power’s technology offers a highly competitive, long-range drive on...

Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Metuchen, NJ, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today...

Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Metuchen, NJ, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today...

Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Metuchen, NJ, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10010.9110.9110.9172710.91CS
40.070.64575645756510.8410.9810.84113310.91399107CS
120010.9112.0110.654301810.91244143CS
260.211.9626168224310.712.0510.653150110.87028662CS
520.474.5019157088110.4412.0510.43418010.71956872CS
1560.959.538152610449.9612.059.913992310.42577202CS
2600.959.538152610449.9612.059.913992310.42577202CS

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FLFV Discussion

View Posts
riha riha 2 weeks ago
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.
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riha riha 3 weeks ago
poop time or go...
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riha riha 1 month ago
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?
👍️0
ErnieBilco ErnieBilco 1 month ago
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.
👍️0
riha riha 1 month ago
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/
👍️0
riha riha 1 month ago
They do however have to pay $100,000 into the trust account per month unless they close. That says something.
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ErnieBilco ErnieBilco 1 month ago
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.
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riha riha 1 month ago
March 21st is coming up... these fuckers better go though with the deal
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riha riha 6 months ago
i'm liking this.. warrants look like a good bet
👍️0
riha riha 6 months ago
so it looks like Thunder Power will merge with Feutune based on an announcement made on Oct. 27.
👍️0
riha riha 6 months ago
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.
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ErnieBilco ErnieBilco 6 months ago
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.
👍️0
riha riha 6 months ago
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.
👍️0
ErnieBilco ErnieBilco 6 months ago
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.
👍️0
riha riha 6 months ago
let me ask you something, when a merger goes through do your warrants pass to the new company?
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ErnieBilco ErnieBilco 2 years ago
I don't buy the SPAC - I buy the warrants to the SPAC
👍️0
ErnieBilco ErnieBilco 2 years ago
Ahhh, a fresh young SPAC
👍️0

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