Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination and Issuances of Promissory Notes
23 5월 2024 - 8:50AM
Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the
“Company”), a blank check company incorporated as a Delaware
corporation, today announced that, in order to extend the date by
which the Company must complete its initial business combination
from May 21, 2024 to June 21, 2024, an aggregate of $60,000 has
been deposited into Company’s trust account (the “Trust Account”).
Pursuant to the Company’s Amended and Restated Certificate of
Incorporation currently in effect, the Company may extend on
monthly basis from March 21, 2024 until December 21, 2024 or such
an earlier date as may be determined by its board to complete a
business combination by depositing $60,000 for each month into the
Trust Account.
On May 22, 2024, the Company issued two promissory notes with an
aggregate amount of $150,000 to evidence two loans (the “Loans”)
from certain lenders. The proceeds of the Loans are expected to be
used for payments of the Company’s general corporate expenses,
including those related to the consummation of the ongoing business
combination.
About Feutune Light Acquisition Corporation
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’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).
Forward-Looking Statements
This press release includes forward looking statements that
involve risks and uncertainties. Forward looking statements are
subject to numerous conditions, risks and changes in circumstances,
many of which are beyond the control of the Company, including
those set forth in the prospectus filed on June 17, 2022 relating
to Company’s initial public offering, the annual report of the
Company on Form 10-K for the fiscal year ended on December 31,
2023, filed on March 6, 2024, and in the S-4, and other documents
that the parties may file or furnish with the SEC, which you are
encouraged to read. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those indicated
or anticipated by such forward-looking statements. Accordingly, you
are cautioned not to place undue reliance on these forward-looking
statements. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company’s expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based.
Contact Information:
Feutune Light Acquisition Corporation Yuanmei Ma Chief Financial
Officer 221 W 9th St #848 Wilmington, Delaware (909)-214-2482
Feutune Light Acquisition (NASDAQ:FLFV)
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Feutune Light Acquisition (NASDAQ:FLFV)
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