Company: FVN
Filing Date: 2025-04-14
Form Type: DRS/A
Source: 0001829126-25-002616
Chunk: 330

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-04-14
Form: DRS/A
Chunk 330
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 to any office that may be required (including without limitation, for the avoidance of doubt, one or more chief executive officers, presidents, a chief financial officer, a treasurer, vice-presidents, one or more assistant vice-presidents, one or more assistant treasurers and one or more assistant secretaries), for such period and on such terms, including as to remuneration, as they think fit.

Director Independence and Financial Experts

Upon the consummation of the Business Combination, we expect that a majority of the Board of Directors will be independent under Nasdaq Capital Market’s listing standards. The independent directors, as determined under Nasdaq Capital Market Listing Rules are Jrang Teen, Shuding Zeng and Zhengcai Liu.

Our independent directors will have regularly scheduled meetings at which only independent directors are present.

Any affiliated transactions will be on terms no less favorable to us than could be obtained from independent parties. Our board of directors will review and approve all affiliated transactions with any interested director abstaining from such review and approval.

Zhengcai Liu qualifies as an “audit committee financial experts” as defined under the rules and regulations of the SEC.

Officer Compensation Following the Business Combination

The policies of New VIWO with respect to the compensation of its executive officers following the Business Combination are expected to be administered by the board of directors of New VIWO in consultation with its compensation committee and governed by employment agreements to be entered into with such officers individually. New VIWO may also rely on data and analyses from third parties, such as compensation consultants, in connection with its compensation programs. New VIWO intends to design and implement programs to provide for compensation that is sufficient to attract, motivate and retain executives of New VIWO and potentially other individuals and to establish an appropriate relationship between executive compensation and the creation of stockholder value.

Director Compensation

Prior to the Business Combination, VIWO has not adopted a formal policy or plan to compensate its directors. Current members of the Board of VIWO have not received additional compensation for their service as members of the VIWO Board.

The board of directors of New VIWO expects to adopt a nonemployee director compensation program (the “Director Compensation Policy”), which will become effective in connection with the completion of the Business Combination. The Director Compensation Policy will be designed to align compensation with New VIWO’s business objectives and the creation of stockholder value, while enabling New VIWO to attract, retain, incentivize and reward non-employee directors who contribute to the long-term success of New VIWO. The Director Compensation Policy is expected