Form 4: Thunder Power Holdings Director Vassily Reports Share Acquisition and Disposal Following Merger
SEC Form 4 Filing
Director Kevin Vassily reports acquiring 30,000 shares and disposing of 50,000 shares of Thunder Power Holdings, Inc. common stock following the company's merger with Feutune Light Acquisition Corporation.
Summary
- Kevin Vassily, a director of Thunder Power Holdings, Inc. (AIEV), filed a Form 4 detailing changes in beneficial ownership.
- The report indicates that on June 21, 2024, Vassily acquired 30,000 shares of common stock.
- On the same day, Vassily disposed of 50,000 shares of common stock.
- These transactions occurred in connection with the consummation of the initial business combination of Feutune Light Acquisition Corporation (FLFV) and Thunder Power Holdings Limited.
- FLFV changed its name to Thunder Power Holdings, Inc. at the closing of the business combination.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions related to a merger. There is no indication of positive or negative outlook.
Industry Context
The filing reflects insider activity following a business combination, which is a common occurrence as companies integrate and executives adjust their holdings.
Stakeholder Impact
- The transactions may be of interest to shareholders as they reflect insider activity following the merger.
Key Dates
| Date | Description |
|---|---|
| October 26, 2023 | Date of the Agreement and Plan of Merger between FLFV, Merger Sub, and Thunder Power Holdings Limited. |
| March 19, 2024 | Amendment date of the Merger Agreement. |
| April 5, 2024 | Amendment date of the Merger Agreement. |
| June 21, 2024 | Date of the reported transactions (acquisition and disposal of shares). |
| June 25, 2024 | Date of signature for the Form 4 filing. |
Keywords
Form 4, beneficial ownership, Thunder Power Holdings, AIEV, Kevin Vassily, Feutune Light Acquisition Corporation, merger, shares, acquisition, disposal
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.