Metuchen, NJ, June 16, 2023 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the "Company"), a blank check company incorporated as a Delaware corporation, today announced it held a special meeting of the stockholders (the "Special Meeting") and obtained the stockholders' approval for the proposals.
At the Special Meeting, the stockholders of the Company approved to amend the Company's Amended and Restated Certificate of Incorporation (the "Charter") to allow the Company until June 21, 2023 to consummate an initial business combination and may elect to extend the period to consummate an initial business combination up to nine times, each by an additional one-month period, for a total of up to nine months to March 21, 2024, by depositing to the Company's trust account (the "Trust Account") the lesser of (i) $100,000 for all public shares and (ii) $0.04 for each public share for each one-month extension (each such deposit, a "Monthly Extension Payment").
Pursuant to the Company's certificate of amendment to the Charter to be filed on June 19, 2023, the Company may extend on monthly basis from June 21, 2023 until March 21, 2024 or such an earlier date as may be determined by its board to complete a business combination by depositing the Monthly Extension Payment for each month into the Trust Account.
The Company intends to extend the deadline that it must complete its initial business combination from June 21, 2023 to July 21, 2023 and will cause the Sponsor or its designee to deposit an aggregate of $100,000 into the Trust Account.
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 is actively searching and identifying suitable business combination targets but has not selected any business combination target.
新澤西州梅圖琴,2023 年 6 月 16 日(GLOBE NEWSWIRE)— 作爲特拉華州的一家公司註冊成立的空白支票公司Feutune Light Acquisition Corporation(納斯達克股票代碼:FLFV)(“公司”)今天宣佈,它舉行了股東特別會議(“特別會議”),並獲得了股東對提案的批准。
在特別會議上,公司股東批准修改公司經修訂和重述的公司註冊證書(“章程”),允許公司在2023年6月21日之前完成初始業務合併,並可以選擇通過向公司存款,將完成初始業務合併的期限延長至多九次,每次再延長一個月,總共最多九個月至2024年3月21日信託賬戶(“信託賬戶”)(i)所有公開股票的100,000美元和(ii)0.04美元中的較小者每延長一個月的每股公開股份(每筆此類存款,“每月延期付款”)。
根據公司將於2023年6月19日提交的章程修正證書,公司可將每月延期付款存入信託賬戶,從2023年6月21日延長至2024年3月21日或董事會可能確定的更早日期,以完成業務合併。
公司打算將其完成初始業務合併的最後期限從2023年6月21日延長至2023年7月21日,並將促使保薦人或其指定人員向信託賬戶存入總額爲100,000美元。
關於 Feutune Light Acquisition Corporation
Feutune Light Acquisition Corporation是一家以特拉華州公司形式成立的空白支票公司,其目的是與一家或多家企業進行合併、資本證券交換、資產收購、股票購買、重組或類似的業務合併。該公司正在積極尋找和確定合適的業務合併目標,但尚未選擇任何業務合併目標。