Short-Term Loan Note between Feutune Light Sponsor LLC and Feutune Light Acquisition Corporation dated March 20, 2023
Feutune Light Sponsor LLC issued this note to Feutune Light Acquisition Corporation for a non-interest loan of $377,500. The loan was provided to support the extension of the Company's deadline to complete its initial business combination from March 21, 2023, to June 21, 2023. The Sponsor acknowledges receipt of the funds into the trust account and agrees to repay the full amount to the Company by March 31, 2023.
Exhibit 10.2
FEUTUNE LIGHT SPONSOR LLC
48 Bridge Street, Building A
Metuchen, NJ 08840
March 20, 2023
To: Feutune Light Acquisition Corp.
Dear Sirs:
This Note evidences a non-interest loan provided by Feutune Light Acquisition Corporation, a Delaware corporation (the “Company”) in the amount of $377,500, as a part of the fund from Feutune Light Sponsor LLC (the “Sponsor”) to be deposited into the trust account of the Company as Sponsor’s support of an extension of the deadline of the Company to consummate an initial business combination from March 21, 2023 to June 21 2023. We hereby acknowledge receipt of payment to the trust account in accordance with the wire instruction enclosed hereto and shall repay the full amount of loan to the Company by March 31, 2023.
Very truly yours,
Feutune Light Sponsor LLC
| By: | /s/ Sau Fong Yeung | |
| Name: | Sau Fong Yeung | |
| Title: | Manager |
