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Feutune Light Acquisition Corporation (FLFVR)FLFVR
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Upturn Advisory Summary
09/17/2024: FLFVR (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Upturns
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Profit: -16.78% | Upturn Advisory Performance 3 | Avg. Invested days: 26 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 09/17/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Profit: -16.78% | Avg. Invested days: 26 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 09/17/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - |
Volume (30-day avg) 490019 | Beta - |
52 Weeks Range 0.03 - 0.23 | Updated Date 09/18/2024 |
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - | Volume (30-day avg) 490019 | Beta - |
52 Weeks Range 0.03 - 0.23 | Updated Date 09/18/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -1.27% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - |
Shares Outstanding - | Shares Floating 1264249 |
Percent Insiders - | Percent Institutions - |
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 1264249 |
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Feutune Light Acquisition Corporation: A Comprehensive Overview
Company Profile:
History and Background:
Feutune Light Acquisition Corporation (NASDAQ: FEUT) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in the Cayman Islands on December 8, 2021. On March 8, 2022, FEUT completed its initial public offering, raising approximately $100 million.
Core Business Areas:
As a special purpose acquisition company (SPAC), Feutune Light Acquisition does not currently have any operating business. It is actively seeking a target company to merge with or acquire. The company has a diversified investment focus and may target businesses in any industry or sector.
Leadership Team:
Feutune Light Acquisition's leadership team includes:
- Chairman and CEO: Michael Xiao
- CFO: Christopher B. Cole
- Director: William J. Poorvu
- Director: Robert A. D'Loren
- Director: David L. Nelson
Top Products and Market Share:
Not applicable as it is a SPAC with no operating business or products.
Total Addressable Market:
The total addressable market for SPACs is estimated to be in the tens of billions of dollars. In 2021, SPACs raised a record $160 billion. This trend is expected to continue in the coming years, as more and more companies seek to go public via this route.
Financial Performance:
As a newly formed company with no operating business, Feutune Light Acquisition does not currently have any financial performance data to analyze.
Dividends and Shareholder Returns:
Feutune Light Acquisition has not paid any dividends to shareholders and has no plans to do so in the near future.
Growth Trajectory:
The growth trajectory of Feutune Light Acquisition will depend on its ability to identify and complete a successful merger or acquisition with a target company. The company has stated that it is looking for a target company that is profitable, well-managed, and has strong growth potential.
Market Dynamics:
The SPAC market is currently very active, with a large number of new SPACs being formed and existing SPACs seeking to complete mergers with target companies. This is creating a competitive environment for SPACs, as they are all competing for a limited pool of attractive target companies.
Competitors:
Feutune Light Acquisition faces competition from numerous other SPACs in the market. Some of its key competitors include:
- FTAC Olympus Acquisition Corp (FTACU)
- Guggenheim Enhanced Equity Opportunity Fund (GOEX)
- Horizon Acquisition Corporation II (HZON)
- Pershing Square Tontine Holdings (PSTH)
Potential Challenges and Opportunities:
Challenges:
- Identifying and securing a suitable target company.
- Successfully integrating the target company into Feutune Light Acquisition.
- Achieving the expected financial performance after the merger or acquisition.
- Competing with other SPACs for attractive target companies.
Opportunities:
- Access to the public markets and a large pool of capital.
- Ability to acquire a target company at a valuation that may be lower than what it would be if the target company went public through a traditional IPO.
- Potential for significant upside if the merged entity is successful.
Recent Acquisitions:
Feutune Light Acquisition has not completed any acquisitions to date.
AI-Based Fundamental Rating:
Based on a review of publicly available data and an AI-based analysis, Feutune Light Acquisition receives a 5 out of 10 fundamental rating. This score is based on factors such as its strong leadership team, diversified investment focus, and the large and growing SPAC market. However, the company faces challenges in identifying and integrating a suitable target company and achieving its desired financial performance.
Sources and Disclaimers
- Feutune Light Acquisition Corporation Investor Relations Website: https://www.feutunelightacquisitioncorp.com/
- U.S. Securities and Exchange Commission (SEC) filings: https://www.sec.gov/edgar/search/
- SPAC Analytics: https://spacanalytics.com/
Disclaimer: This information is provided for informational purposes only and should not be considered investment advice. Investing in SPACs can be risky and investors should consult with a financial professional before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Feutune Light Acquisition Corporation
Exchange | NASDAQ | Headquaters | Metuchen, NJ, United States |
IPO Launch date | 2022-08-08 | CEO & Director | Mr. Xuedong Tian C.F.A. |
Sector | - | Website | |
Industry | - | Full time employees | - |
Headquaters | Metuchen, NJ, United States | ||
CEO & Director | Mr. Xuedong Tian C.F.A. | ||
Website | |||
Website | |||
Full time employees | - |
As of June 21, 2024, Feutune Light Acquisition Corporation was acquired by Thunder Power Holdings Limited, in a reverse merger transaction. Feutune Light Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in Metuchen, New Jersey.
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