Company: FVN
Filing Date: 2025-05-02
Form Type: S-4
Source: 0001829126-25-003304
Chunk: 354

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-02
Form: S-4
Chunk 354
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 or management that shareholders may consider favorable, including provisions that authorize New VIWO’s board of directors to issue preferred shares in one or more series and to designate the price, rights, preferences, privileges and restrictions of such preferred shares.

New VIWO’s Proposed Charter requires an ordinary resolution to remove any director and requires a special resolution to amend the Proposed Charter. These provisions of New VIWO’s Proposed Charter and Cayman Islands law could delay the ability of shareholders to change the membership of a majority of its board, force shareholder action to be taken at an annual meeting or an extraordinary general meeting called by the New VIWO board or on the requisition of the holders of shares carrying at least 40% of the rights to vote at a shareholder meeting of New VIWO, and in turn delay the ability of shareholders to force consideration of a proposal or take action. However, under Cayman Islands law, New VIWO’s directors may only exercise the rights and powers granted to them under the Proposed Charter for a proper purpose and for what they believe in good faith to be in the best interests of Proposed Charter.

Exempted Company

New VIWO is an exempted company with limited liability incorporated under the laws of Cayman Islands. A Cayman Islands exempted company:

| ● | is a company that conducts its business mainly outside the Cayman Islands;                                                                                                                                                                                                                                                                                                                              |
| ● | is prohibited from trading in the Cayman Islands with any person, firm or corporation except in furtherance of the business of the exempted company carried on outside the Cayman Islands (and for this purpose can effect and conclude contracts in the Cayman Islands and exercise in the Cayman Islands all of its powers necessary for the carrying on of its business outside the Cayman Islands); |
| ● | does not have to make its register of members open to inspection by shareholders of that company;                                                                                                                                                                                                                                                                                                       |
| ● | does not have to hold an annual general meeting;                                                                                                                                                                                                                                                                                                                                                        |
| ● | may obtain an undertaking against the imposition of any future taxation;                                                                                                                                                                                                                                                                                                                                |
| ● | may register by way of continuation in another jurisdiction and be deregistered in the Cayman Islands;                                                                                                                                                                                                                                                                                                  |
| ● | may register as a limited duration company; and                                                                                                                                                                                                                                                                                                                                                         |
| ● | may register as a segregated portfolio company.                                                                                                                                                                                                                                                                                                                                                         |

Our Transfer Agent

The transfer agent for New VIWO ordinary shares is Transhare Corporation. New VIWO has agreed to indemnify Transhare in its role as transfer agent, its agents