Thunder Power Holdings’ Major Corporate Restructuring and Growth Plans

An update from Thunder Power Holdings Inc Class A (AIEV) is now available.

FLFV has undergone a significant transformation, changing its name to Thunder Power Holdings, Inc. and increasing its authorized shares of common stock to 1 billion and preferred stock to 100 million, alongside establishing a new board of directors with staggered terms. The company has also adopted perpetual corporate existence, dropping its previous special purpose acquisition company provisions. Post Business Combination, new executive officers have assumed their roles, with Christopher Nicoll as CEO, and the company has introduced an Omnibus Equity Incentive Plan, reserving shares for employee incentives, reflecting its commitment to growth and governance as it transitions from a shell company to a fully operational entity.

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