Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 155

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 155
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 accordance with the majority of the shares represented at the extraordinary general meeting by the public shareholders.

If Future Vision’s security holders exercise their registration rights with respect to their securities, it may have an adverse effect on the market price of Future Vision’s securities.

The purchasers of the private placement Future Vision Private Units and our Sponsor, officers and directors are entitled to demand that we register the resale of the shares underlying the Future Vision Private Units and any securities our Sponsor, officers, directors or their affiliates may be issued in payment of working capital loans made to us at any time after we consummate a business combination. If such persons exercise their registration rights with respect to all of their securities, then there will be an additional 29,900 Future Vision Shares eligible for trading in the public market. The presence of these additional ordinary share trading in the public market may have an adverse effect on the market price of Future Vision’s securities.

Future Vision will be unable to close the Business Combination if the redemptions of public shares result in its net tangible assets being less than $5,000,001 unless it is able to obtain sufficient equity financing.

Future Vision’s current
Amended and Restated Memorandum and Articles of Association do not provide a specified maximum redemption threshold, except that in no
event will Future Vision redeem its public shares in an amount (after payment of deferred underwriting commissions) that would cause
its net tangible assets to be less than $5,000,001 (such that Future Vision is not subject to the SEC’s “penny stock”
rules). It is also a condition to closing under the Merger Agreement that, among other things, following payment to all shareholders
who have exercised their redemption rights (and after giving effect to the payment of expenses related to the Business Combination that
are to be paid at or after closing, provided that Future Vision can pay such expenses in equity securities and not cash), Future Vision
has cash of at least 5 million. If redemptions by Future Vision’s public shareholders cause Future Vision to be unable to meet
this closing condition, then VIWO will not be required to consummate the Business Combination, although it may, in its sole discretion,
waive this condition. In the event that VIWO waives this condition, Future Vision does not intend to seek additional shareholder approval
or to extend the time period in which its public shareholders can exercise their redemption rights. In no event, however, will Future
Vision close the Business Combination if redemptions of public shares would cause Future Vision’s