The new SPAC’s search for a target business will likely span many industries and regions around the world but will place an emphasis on businesses with reasoned and strong management teams. Feutune Light is led by CEO Xeudong (Tong) Tian, Chairwoman and President Lei Xu, and CFO Yuanmei Ma.
Total SPAC deal count for 2022 year-to-date is now 69. This offering is expected to close on Tuesday, June 21.
US Tiger Securities, Inc. and EF Hutton, division of Benchmark Investments, LLC are acting as the joint book-running managers in the offering. Robinson & Cole LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. Friedman LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.