Company: FVN
Filing Date: 2025-05-02
Form Type: S-4
Source: 0001829126-25-003304
Chunk: 197

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-02
Form: S-4
Chunk 197
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WO.

On November 28, 2024, upon the approval of the board of directors of Future Vision and VIWO, the parties entered into the Merger Agreement.

On November 29, 2024, the management of Future Vision, Future Vision’s advisor and the management of VIWO held a conference call to discuss the plans on periodical communications of the status, updates and progress of the proposed merger under the Merger Agreement.

On December 2, 2024, the management of Future Vision, Future Vision’s advisor and the management of VIWO held a conference call to discuss the audited financial statements under the Merger Agreement.

Between December 2, 2024 and December 20, 2024, the Future Vision and VIWO management held regular meetings to discuss the Business Combination, including the preparation and filing of the proxy statement/prospectus on Form S-4. Over the course of such discussions, the parties agreed to amend the Merger Agreement to require VIWO shareholders to enter into a lock up agreement at the closing of the business combination to further align VIWO shareholders’ interests with the post-Business Combination company, VIWO Inc.

Future Vision’s Board of Directors’ Reasons for the Approval of the Business Combination

For the purpose of approval of the Business Combination, Future Vision’s Board of Directors has reviewed and evaluated the business and financial information provided by VIWO, including presentations on business operations, financial statements for various time periods, including for the years ended September 30, 2023 and 2024, projections for various time periods, including for the years ended September 30, 2025 to 2029, copies of material contracts and other relevant information. The Board of Future Vision also reviewed and discussed with its legal counsels regarding its legal due diligence on VIWO.

Future Vision’s Board of Directors considered several factors pertaining to the Business Combination as generally supporting its decision to enter into the Merger Agreement and the Business Combination, including but not limited to, the following material factors:

Team advantage.VIWO has an experienced and highly professional management team. They have been deeply involved in the Business intelligence digital technology industry for many years and have a keen insight and accurate judgment on market trends. During the negotiation process with Future Vision, the VIWO management team demonstrated strong leadership and commitment, communication, and negotiation skills, effectively representing the company’s interests and driving the cooperation process forward. In addition, team members also have rich industry resources and network relationships, which will bring more development opportunities and cooperation