Company: FVN
Filing Date: 2025-01-07
Form Type: DRS/A
Source: 0001829126-25-000092
Chunk: 194

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-01-07
Form: DRS/A
Chunk 194
---
 and resources from other businesses combination opportunities, which could result in Future Vision being unable to effect a Business Combination by March 13, 2026 (or a later date as may be approved by its board and/or shareholders) and force Future Vision to liquidate; |
| ● | the risk that Future Vision does not have enough cash at closing to meet the closing requirements of the Merger Agreement;                                                                                                                                                                                                                                                                                         |
| ● | the risk of failure to satisfy the conditions to Closing (to the extent not waived by the parties);                                                                                                                                                                                                                                                                                                                |
| ● | the fact that completion of the Business Combination is conditioned on the satisfaction of certain closing conditions that are not within Future Vision’ control;                                                                                                                                                                                                                                                  |
| ● | the possibility of litigation challenging the Business Combination or that an adverse judgment granting permanent injunctive relief could indefinitely enjoin consummation of the Business Combination;                                                                                                                                                                                                            |
| ● | the inability to maintain the listing of VIWO’s securities on Nasdaq following the Business Combination;                                                                                                                                                                                                                                                                                                           |
| ● | the significant fees and expenses associated with completing the Business Combination and the substantial time and effort of management required to complete the Business Combination;                                                                                                                                                                                                                             |
| ● | the potential conflicts of interest of the Sponsor and Future Vision’s officers and directors in the Business Combination; and                                                                                                                                                                                                                                                                                     |
| ● | the other risks described in the “Risk Factors” section of this proxy statement                                                                                                                                                                                                                                                                                                                                    |

The Future Vision Board concluded that these risks could be managed or mitigated by VIWO or were unlikely to have a material impact on the Business Combination or VIWO, and that, overall, the potentially negative factors or risks associated with the Business Combination were outweighed by the potential benefits of the Business Combination to Future Vision and its shareholders. The Future Vision Board realized that there can be no assurance about future results, including results considered or expected as disclosed in the foregoing reasons. The foregoing discussion of the material factors considered by the Future Vision Board is not intended to be exhaustive, but does set forth the principal factors considered by the Future Vision Board. Accordingly, after considering the foregoing potentially negative and potentially positive reasons, the Future Vision Board unanimously determined that the Merger Agreement, and the transactions contemplated thereby, including the Business Combination, were advisable, fair to, and in the best interests of, Future Vision and its shareholders.

Valuation Report From King Kee

On November 18, 2024, Future Vision’s board of directors also engaged King Kee Appraisal and Advisory Limited (“KKG”) to investigate VIWO