Sau Fong Yeung - Mar 14, 2023 Form 4 Insider Report for Feutune Light Acquisition Corp (FLFV)

Role
10%+ Owner
Signature
/s/ Sau Fong Yeung
Stock symbol
FLFV
Transactions as of
Mar 14, 2023
Transactions value $
$772
Form type
4
Date filed
3/16/2023, 05:13 PM
Previous filing
Jun 22, 2022
Next filing
Jun 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLFV Class B Common Stock Purchase $772 +75.7K +25.76% $0.01 369K Mar 14, 2023 Direct F1, F2, 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 adjustments as provided in the amended and restated certificate of incorporation of Feutune Light Acquisition Corporation (the "Issuer") upon the consummation of an initial business combination.
F2 Representing 75,650 shares of Class B Common Stock that Feutune Light Sponsor LLC (the "Sponsor") acquired from certain directors, officers and employees of the Issuer pursuant to certain securities transfer agreement dated March 14, 2023 among Sponsor and certain initial stockholders of the Issuer. 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 Including (i) 1,938,750 shares of Class B Common Stock acquired by the Sponsor pursuant to certain securities subscription agreement dated February 2, 2022 between the Sponsor and the Issuer prior to the Issuer's initial public offering (the "IPO") (ii) 478,875 shares of Class A Common Stock acquired by the Sponsor via a private placement closed simultaneously with the consummation of the IPO and the exercise of the underwriters' over-allotment in full, and (iii) 75,650 Founder Shares acquired by the Sponsor from certain directors, officers or employees of the Issuer pursuant to certain securities purchase agreement entered among the parties dated March 14, 2023, as disclosed in footnote 2. 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.