Feutune Light Acquisition Corporation Successfully Listed on NASDAQ Capital Market
Industry: Special Purpose Acquisition Company (SPAC)
Listing Date: June 2024, NASDAQ Capital Market
Capital Raised: USD 97.75 million
Partner: Tiger Brokers
Feutune Light Acquisition Corporation, a Special Purpose Acquisition Company (SPAC), focuses on identifying high-growth potential companies for acquisition, with a strong emphasis on technological innovation. In this listing, Feutune Light partnered with Tiger Brokers to successfully raise capital, laying a solid foundation for its future acquisition plans.
With the funds raised, Feutune Light plans to actively seek acquisition targets globally, especially in the electric vehicle and high-tech manufacturing sectors. On October 27, 2023, Feutune Light signed a definitive business combination agreement with Thunder Power Holdings Limited, a leading innovator and manufacturer in electric vehicle technology, further advancing the company’s strategic development.