Company: FVN
Filing Date: 2025-05-02
Form Type: S-4
Source: 0001829126-25-003304
Chunk: 219

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-02
Form: S-4
Chunk 219
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 in preparing the Proxy/Registration Statement, including the delivery of financial statements reviewed by the independent auditors of Viwo in accordance with PCAOB auditing standards; |

| ● | make the requisite CSRC Filing within the required timeframe; |

| ● | obtain the VIWO shareholders approval of the business combination by way of written resolutions after the SEC declaring the Proxy/Registration Statement effective; |

| ● | refrain from making any claims against the Future Vision trust account holding the IPO proceeds; and |

| ● | other customary agreements and covenants that are customary to a transaction of this size and type. |

Future Vision made similar representations, warranties, and covenants to VIWO, as applicable. Additionally, Future Vision agreed to ensure its continued listing on NASDAQ, maintain current and timely filing of all SEC filings and compliance with SEC reporting requirements, make appropriate arrangements to disburse funds held in trust, elect directors and officers of the combined company in accordance with the terms of the Merger Agreement, the Plan of Merger, and relevant agreements, and maintain Directors and Officers (D&O) insurance for present and former directors and officers of VIWO and its subsidiaries.

Conduct Prior to Closing; Covenants

The Merger Agreement contains certain customary covenants of Future Vision and VIWO, including, among others, the following:

| ● | VIWO has agreed to: |

|   | (i) operate its business in the ordinary course prior to the closing of the Business Combination (with certain exceptions) and not to take certain specified actions without the prior written consent of Future Vision;                                                                                                                                                                                                                                                                                                                                                           |
|   | (ii) enter into restrictive covenant agreements with VIWO’s shareholders pursuant to which they will agree to certain non-compete and non-solicit provisions; and                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | (iii) enter into lock-up agreements with VIWO’s shareholders;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| ● | Future Vision has agreed to:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | (i) operate its business in the ordinary course prior to the closing of the Business Combination (with certain exceptions) and not to take certain specified actions without the prior written consent of VIWO;                                                                                                                                                                                                                                                                                                                                                                    |
|   | (ii) file with the Nasdaq Stock Market a listing qualifications application to obtain from the Nasdaq Stock Market continued listing of the Future Vision Ordinary Shares and other listed securities, which listing application will reflect the change in management of Future Vision, the change to its Board of Directors, the