Company: FVN
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0001829126-25-001610
Chunk: 521

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 521
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 is a shareholder
vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s amended
and restated memorandum and articles of association, or in connection with the Company’s liquidation. In accordance with the SEC
and its staff’s guidance on redeemable equity instruments, which has been codified in ASC 480-10-S99, redemption provisions not
solely within the control of the Company require common stock subject to redemption to be classified outside of permanent equity.

The Company’s redeemable ordinary share
is subject to SEC and its staff’s guidance on redeemable equity instruments, which has been codified in ASC 480-10-S99. If it is
probable that the equity instrument will become redeemable, the Company has the option to either accrete changes in the redemption value
over the period from the date of issuance (or from the date that it becomes probable that the instrument will become redeemable, if later)
to the earliest redemption date of the instrument or to recognize changes in the redemption value immediately as they occur and adjust
the carrying amount of the instrument to equal the redemption value at the end of each reporting period. The Company has elected to accrete
changes in the redemption value over the period from the date of issuance which is the IPO date. The accretion or remeasurement is treated
as a deemed dividend and charged against retained earnings or, in the absence of retained earnings, by charges against paid-in capital.

<div align='center'>F-16</div>

<div align='center'>FUTURE VISION II ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

December 31, 2024</div>

Note 4 — Private Placement

Simultaneously with the closing of the IPO, the
Sponsor purchased an aggregate of 299,000 Placement Units at a price of $10.00 per Placement Unit raising $2,990,000 in the aggregate.

The proceeds from the sale of the Placement Units
were added to the net proceeds from the IPO held in the Trust Account. The Private Placement Units are identical to the Public Units
sold in this IPO, subject to limited exceptions. The holder of the Private Placement Units will be entitled to registration rights. In
addition, these Private Placement Units may not, subject to certain limited exceptions, be redeemable, transferred, assigned or sold
until the later of the completion of our initial business combination or 12 months following the closing of the IPO.