Company: FVN
Filing Date: 2025-04-14
Form Type: DRS/A
Source: 0001829126-25-002616
Chunk: 163

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-04-14
Form: DRS/A
Chunk 163
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 body of securities laws than the United States. Some U.S. states, such as Delaware, have more fully developed and judicially interpreted bodies of corporate law than the Cayman Islands. In addition, Cayman Islands companies may not have standings to initiate a shareholder derivative action in a federal court of the United States.

Shareholders of Cayman Islands exempted companies like New VIWO have no general rights under Cayman Islands law to inspect corporate records (save for New VIWO’s memorandum and articles of association, register of mortgages and charges and any special resolutions of New VIWO’s shareholders) or to obtain copies of lists of shareholders of these companies. New VIWO’s directors have discretion under its articles of association that will become effective immediately prior to completion of the Business Combination to determine whether or not, and under what conditions, its corporate records may be inspected by its shareholders, but are not obliged to make them available to its shareholders. This may make it more difficult for you to obtain the information needed to establish any facts necessary for a shareholder motion or to solicit proxies from other shareholders in connection with a proxy contest.

As a result of all of the above, New VIWO’s public shareholders may have more difficulty in protecting their interests in the face of actions taken by New VIWO’s management, users of the board of directors or controlling shareholders than they would as public shareholders of a company incorporated in the United States.

You may experience difficulties in effecting service of legal process, enforcing foreign judgments or bringing actions in China against New VIWO or its management named in the proxy statement based on foreign laws.

New VIWO is an exempted company incorporated under the laws of the Cayman Islands, New VIWO conducts substantially all of its operations in China, and substantially all of New VIWO’s assets are located in China. In addition, all New VIWO’s senior executive officers reside within China for a significant portion of the time and most are PRC nationals. As a result, it may be difficult for New VIWO’s shareholders to effect service of process upon New VIWO or those persons inside China. In addition, China does not have treaties providing for the reciprocal recognition and enforcement of judgments of courts with the Cayman Islands and many other countries and regions. Therefore, recognition and enforcement in China of judgments of a court in any of these non-PRC jurisdictions in relation to any matter not subject to a binding arbitration provision may be difficult or impossible.

Shareholder claims that are common in the United States, including securities law class actions and fraud claims, generally