Thunder Power Holdings, Inc. Announces Share Exchange Approval by Taiwanese Government [Yahoo! Finance]
Thunder Power Holdings, Inc. (AIEV)
Company Research
Source: Yahoo! Finance
Regulatory approval expands AIEV's exposure to recurring clean–energy revenues and long–term growth opportunities in Taiwan WILMINGTON, Del. March 4, 2026 /PRNewswire/ -- Thunder Power Holdings, Inc. ( OTCQB : AIEV) ("Thunder Power" or the "Company"), a technology innovator and developer of premium passenger Electric Vehicles (EVs), today announced that the Ministry of Economic Affairs of Taiwan has approved the Company's share exchange arrangement with certain shareholders of Electric Power Technology Limited ("Electric Power Technology" or "TW Company"), a Taiwan corporation listed on the Taipei Exchange under the code 4529, satisfying an important regulatory condition for the contemplated transaction. The approval from the Taiwan Ministry of Economic Affairs constitutes a key governmental consent required in Taiwan for Thunder Power to proceed with the issuance of shares of AIEV common stock in exchange for shares of Electric Power Technology, as contemplated in the previously
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