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Feutune Light Acquisition Corporation (FLFVR)FLFVR

Upturn stock ratingUpturn stock rating
Feutune Light Acquisition Corporation
$0.23
Delayed price
Profit since last BUY43.75%
Consider higher Upturn Star rating
upturn advisory
BUY since 34 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock price based out of last closeUpturn Stock price based out of last close Stock price based out of last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

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​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Profit: -16.78%
Upturn Advisory Performance Upturn Advisory Performance3
Avg. Invested days: 26
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn 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​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2024
Upturn Advisory Performance Upturn Advisory Performance3

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

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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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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