METUCHEN, N.J., March 20,
2023 /PRNewswire/ -- Feutune Light Acquisition
Corporation (NASDAQ: FLFV) (the "Company"), a blank check company
incorporated as a Delaware
business company, today announced that it received notice from
Feutune Light Sponsor LLC (the "Sponsor"), the Company's sponsor,
of the Sponsor's intention to extend the period of time the Company
will have to consummate its initial business combination by three
months from the current deadline of March
21, 2023 until June 21, 2023
(the "Extension"), subject to the timely depositing into the trust
account of the Company, an aggregate of $977,500 (the "Extension Deposit"), on or prior
to March 21, 2023. The Company was
notified by the Sponsor that they intend to wire the Extension
Deposit on timely basis to effectuate the Extension on March 21, 2023.
About Feutune Light Acquisition Corporation
Feutune Light Acquisition Corporation is a blank check company
formed as a Delaware corporation
for the purpose of effecting a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization, or similar
business combination with one or more businesses. The Company is
actively searching and identifying suitable business combination
targets but has not selected any business combination target. The
company's efforts to identify a prospective target business will
not be limited to a particular industry or geographic region,
although the Company is prohibited from undertaking initial
business combination with any entity that is based in or have the
majority of its operations in China (including Hong Kong and Macau).
Forward-Looking Statements
This press release includes forward looking statements that
involve risks and uncertainties. Forward looking statements are
subject to numerous conditions, risks and changes in circumstances,
many of which are beyond the control of the Company, including
those set forth in the "Risk Factors" section of the Company's
registration statement, as amended from time to time, and
prospectus for the offering filed with the SEC. Such
forward-looking statements include the successful consummation of
the Company's initial public offering or exercise of the
underwriters' over-allotment option. The Company expressly
disclaims any obligations or undertaking to release publicly any
updates or revisions to any forward-looking statements contained
herein to reflect any change in the Company's expectations with
respect thereto or any change in events, conditions or
circumstances on which any statement is based.
View original
content:https://www.prnewswire.com/news-releases/feutune-light-acquisition-corporation-announces-intention-to-extend-the-deadline-for-an-initial-business-combination-301776385.html
SOURCE Feutune Light Acquisition Corporation
