Thunder Power Holdings files draft information statement on Nevada reincorporation

• Thunder Power shareholders authorized a plan to reincorporate the company from Delaware to Nevada through a statutory conversion, with the corporate existence continuing under the same name.
• Each of the 102,597,432 outstanding common shares as of May 8, 2026, would convert automatically into one common share of the Nevada corporation, with no exchange of stock certificates or book-entry positions.
• Governance would shift to Nevada law, including expanded statutory protections for directors and officers, a Nevada state court forum selection clause for internal corporate actions, and the ability to opt out of Nevada’s interested-stockholder business combination and control-share statutes.
• The company estimated it paid about USD 92,682.99 in Delaware franchise taxes for the most recent period, versus expected Nevada annual fees of USD 500 for a state business license and USD 675 for the annual list of directors and officers.
• Common stock is expected to continue trading on OTCQB under the symbol AIEV, with no expected interruption tied to the conversion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thunder Power Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-058537), on May 18, 2026, and is solely responsible for the information contained therein.