Company: FVN
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001829126-25-005949
Chunk: 72

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 72
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 benefit of our
public shareholders and the underwriters of the IPO with Wilmington Trust, National Association acting as trustee.

Currently, we have no revenue, have had losses since
inception from incurring formation and operating costs and have had no operations other than identifying and evaluating suitable acquisition
transaction candidates, including with VIWO Technology Inc. We have relied upon the working capital available to us following the consummation
of the IPO and the Private Placement to fund our operations, as well as the funds loaned by the Sponsor, our officers, directors or their
affiliates. We expect to continue to incur significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans
to raise capital or to complete our initial Business Combination will be successful.

21

Results of Operations and Known Trends or Future
Events

We have neither engaged in any operations nor generated
any revenues to date. Our only activities since inception have been organizational activities and those necessary to prepare for our IPO.
Following our IPO, we will not generate any operating revenues until after completion of our initial Business Combination. We will generate
non-operating income in the form of interest income on cash and cash equivalents after our IPO. There has been no significant change in
our financial position and no material adverse change has occurred since the date of our audited financial statements. We expect that
we will incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance),
as well as for due diligence expenses in connection with completing a Business Combination.

For the six months ended June 30, 2025, we had
a net income of $1,006,200, which consisted of income earned on marketable securities held in trust account of $1,226,797, interest income
earned on bank accounts of $17,140 and operating expenses of $237,737.

For the period from January 30, 2024 (inception)
through June 30, 2024, we incurred a net loss of $4,728, which related to formation and operating expenses of $4,728.

For the three months ended June 30, 2025, we
had a net income of $551,900, which consisted of income earned on marketable securities held in trust account of $614,436, interest income
earned on bank accounts of $8,301 and operating expenses of $70,837.

For the three months ended June 30, 2024, we