Feutune Light Acquisition Corporation Class A (FLFV) has released an update.
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Feutune Light Acquisition Corporation has extended the deadline to complete its initial business combination to March 21, 2024, after depositing $100,000 into a trust for shareholders. This extension, facilitated by a promissory note to Thunder Power, could further extend if negotiations show promise. The note converts into company units under certain conditions, emphasizing the strategic measures taken to achieve the business merger within the new timeframe.
For further insights into FLFV stock, check out TipRanks’ Stock Analysis page.