Thunder Power is a technology innovator and a developer of premium electric vehicles (“EVs”). The Company has developed several proprietary technologies, which are the building blocks of the Thunder Power family of EVs. The Company is focused on design and development of high-performance EVs, targeting the EV markets in the U.S., Europe and Asia.
Company profile
Ticker
AIEV
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Feutune Light Acquisition Corp
SEC CIK
Corporate docs
Subsidiaries
FEUTUNE LIGHT ACQUISITION CORPORATION • Feutune Light Merger Sub, Inc. ...
IRS number
874620515
AIEV stock data
Latest filings (excl ownership)
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
6 Sep 24
10-Q
2024 Q2
Quarterly report
4 Sep 24
D
$101.50 mm in equity, sold $1.50 mm, 1 investor
4 Sep 24
NT 10-Q/A
Notice of late quarterly filing (amended)
22 Aug 24
8-K
Entry into a Material Definitive Agreement
21 Aug 24
NT 10-Q
Notice of late quarterly filing
15 Aug 24
8-K/A
Completion of Acquisition or Disposition of Assets
6 Aug 24
8-K
Changes in Registrant's Certifying Accountant
2 Aug 24
8-K
Completion of Acquisition or Disposition of Assets
27 Jun 24
425
Business combination disclosure
26 Jun 24
Latest ownership filings
Financial summary
Quarter (USD) | Jun 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | |
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Revenue | |||
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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) | 921.35 k | 921.35 k | 921.35 k | 921.35 k | 921.35 k | 921.35 k |
Cash burn (monthly) | (no burn) | (no burn) | 449.30 k | 245.35 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 1.03 mm | 560.60 k | n/a | n/a |
Cash remaining | n/a | n/a | -105.24 k | 360.75 k | n/a | n/a |
Runway (months of cash) | n/a | n/a | -0.2 | 1.5 | n/a | n/a |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 14 |
Opened positions | 11 |
Closed positions | 3 |
Increased positions | 2 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 7.66 bn |
Total shares | 8.92 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Meteora Capital | 4.34 mm | $7.17 bn |
Feutune Light Sponsor | 2.76 mm | $5.65 mm |
OAK-PB Oaktree Capital | 735.00 k | $0.00 |
Walleye Capital | 544.40 k | $0.00 |
Atlas Merchant Capital | 250.00 k | $2.77 mm |
Mangrove Partners | 185.06 k | $305.36 mm |
Polar Asset Management Partners | 46.35 k | $76.48 mm |
Yakira Capital Management | 20.18 k | $33.29 mm |
Susquehanna International | 16.53 k | $27.28 mm |
Aristides Capital | 15.00 k | $24.75 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Jun 24 | Wenbing Wang | Common stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 40,000 |
21 Jun 24 | Ping Li | Common stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 50,000 |
21 Jun 24 | Kevin Vassily | Common stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 50,000 |
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Press releases
Thunder Power Reports Unaudited Second Quarter 2024 Financial Results
4 Sep 24
Thunder Power Enters Into $100 Million Committed Equity Facility
21 Aug 24
Feutune Light Acquisition Corporation Announces Approval of Business Combination by Stockholders
18 Jun 24
Feutune Light Acquisition Corporation Announces that It Will Adjourn the Special Meeting of Stockholders to Approve Business Combination with Thunder Power Holdings Limited to June 17, 2024
11 Jun 24