Feutune Light Sponsor LLC - Jun 15, 2022 Form 3 Insider Report for Feutune Light Acquisition Corp (FLFV)

Role
10%+ Owner
Signature
/s/ Sau Fong Yeung
Stock symbol
FLFV
Transactions as of
Jun 15, 2022
Transactions value $
$0
Form type
3
Date filed
6/22/2022, 02:06 PM
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLFV Class B Common Stock 1.94M Jun 15, 2022 Direct F1, F2, F3
holding FLFV Class A Common Stock 479K Jun 15, 2022 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FLFV Warrant Jun 15, 2022 Class A Common Stock 479K $11.50 See footnote F3
holding FLFV Right Jun 15, 2022 Class A Common Stock 47.9K See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B Common Stock will automatically convert into Class A common stock on one-for-one basis, subject to certain adjustment as provided in the Issuer's charter upon the consummation of an initial business combination.
F2 Feutune Light Sponsor LLC (the "Sponsor") is the record holder of the securities reported herein. Ms. Yeung is the sole manager of the Sponsor, and as such may be deemed to have sole voting and investment discretion with respect to the securities held by the Sponsor.
F3 Simultaneous with the consummation of the initial public offering of the issuer, the Sponsor entered into certain private placement purchase agreement with the issuer under which the Sponsor acquired 478,875 units of the issuer, consisting of one share of the issuer's Class A common stock ("Class A Common Stock"), one redeemable warrant ("Warrant"), and one-tenth of one (1/10) right ("Right"). Each warrant entitles the holder to redeem one share of Class A Common Stock at a price of $11.50 per share under the terms provided in the prospectus ("Prospectus") filed by the issuer on June 17, 2022 with the Securities & Exchange Commission. Each right entitles the holder to exchange for one share of Class A Common Stock after the consummation of the issuer's initial business combination, as provided in the Prospectus.