Davidov Michael 4
4 · Feutune Light Acquisition Corp · Filed Oct 6, 2023
Insider Transaction Report
Form 4
Davidov Michael
Director
Transactions
- Sale
Class B Common Stock
2023-10-06$0.01/sh−10,000$102→ 10,000 total
Footnotes (3)
- [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 "Company") upon the consummation of an initial business combination.
- [F2]The reporting person has 20,000 founder shares of the Company (the "Founder Shares"), among which, he has agreed to transfer 10,000 shares to Feutune Light Sponsor LLC, the sponsor of the Company (the "Sponsor") at the original purchase price.
- [F3]Representing10,000 Founder Shares (after expected repurchase by the Sponsor, see note 2) that the reporting person acquired from the Sponsor, pursuant to a securities transfer agreement dated June 15, 2022, among the Sponsor and certain initial stockholders of the Company.