Feutune Light Acquisition Corporation is a blank check company formed as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The Company is actively searching and identifying suitable business combination targets but has not selected any business combination target. The company’s efforts to identify a prospective target business are not limited to a particular industry or geographic region, although the Company is prohibited from undertaking initial business combination with any entity that is based in or have the majority of its operations in China (including Hong Kong and Macau).
Company profile
Ticker
FLFV
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
FEUTUNE LIGHT ACQUISITION CORPORATION • Feutune Light Merger Sub, Inc. ...
IRS number
874620515
FLFV stock data
Latest filings (excl ownership)
8-K
Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
18 Apr 24
425
Business combination disclosure
5 Apr 24
8-K
Entry into a Material Definitive Agreement
5 Apr 24
8-K/A
Other Events
2 Apr 24
425
Business combination disclosure
20 Mar 24
8-K
Entry into a Material Definitive Agreement
19 Mar 24
425
Business combination disclosure
19 Mar 24
8-K
Investor Presentation March 2024
19 Mar 24
Latest ownership filings
SC 13G
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9 Apr 24
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5 Apr 24
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14 Feb 24
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First Trust Capital Management L.P.
14 Feb 24
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Oaktree Capital Group, LLC
14 Feb 24
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AQR CAPITAL MANAGEMENT LLC
14 Feb 24
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Walleye Capital LLC
14 Feb 24
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ATW SPAC MANAGEMENT LLC
13 Feb 24
SC 13G/A
BOOTHBAY FUND MANAGEMENT, LLC
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | |
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Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 110.86 k | 110.86 k | 110.86 k | 110.86 k | 110.86 k | |
Cash burn (monthly) | 100.03 k | 49.12 k | 147.97 k | (no burn) | 4.28 k | |
Cash used (since last report) | 694.54 k | 341.09 k | 1.03 mm | n/a | 29.74 k | |
Cash remaining | -583.69 k | -230.23 k | -916.51 k | n/a | 81.12 k | |
Runway (months of cash) | -5.8 | -4.7 | -6.2 | n/a | 18.9 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 22 |
Opened positions | 2 |
Closed positions | 18 |
Increased positions | 3 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 48.11 bn |
Total shares | 7.99 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Feutune Light Sponsor | 2.49 mm | $25.83 mm |
Karpus Management | 980.51 k | $10.46 bn |
OAK-PA Oaktree Capital | 735.00 k | $0.00 |
Fir Tree Capital Management | 450.00 k | $4.81 bn |
Vivaldi Asset Management | 417.84 k | $4.46 bn |
Walleye Capital | 348.74 k | $3.72 bn |
Oaktree Capital Management | 335.00 k | $3.57 bn |
CNH Partners | 325.00 k | $3.47 bn |
Yakira Capital Management | 306.80 k | $3.27 bn |
WRB W.R. Berkley | 273.27 k | $2.92 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Oct 23 | Michael Davidov | Class B Common Stock | Sell | Dispose S | No | No | 0.0102 | 10,000 | 102.00 | 10,000 |
14 Mar 23 | Feutune Light Sponsor | Class B Common Stock | Buy | Acquire P | No | No | 0.0102 | 75,650 | 771.63 | 2,493,275 |
Press releases
Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
18 Apr 24
Feutune Light Acquisition Corporation Announces Stockholder Approval for Extending Business Combination Deadline and Merger Agreement Amendment with Thunder Power Holdings Limited
19 Mar 24
Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
21 Feb 24