Company: FVN
Filing Date: 2025-02-14
Form Type: DRS/A
Source: 0001829126-25-000945
Chunk: 53

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-02-14
Form: DRS/A
Chunk 53
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 the PCAOB determines in the future that it no longer has full access to inspect and investigate completely accounting firms in mainland China and New VIWO uses an accounting firm headquartered in one of these jurisdictions to issue an audit report on its financial statements filed with the SEC, New VIWO would be identified as a Commission-Identified Issuer following the filing of the annual report for the relevant fiscal year. In accordance with the HFCAA, New VIWO’s securities would be prohibited from being traded on a national securities exchange or in the over-the-counter trading market in the United States if it is identified as a Commission-Identified Issuer for two consecutive years in the future. If New VIWO’s securities are prohibited from trading in the United States, there is no certainty that it will be able to list on a non-U.S. exchange or that a market for its securities will develop outside of the United States. In the event of such prohibition, the Nasdaq may determine to delist our securities. The delisting of New VIWO’s securities, or the threat of their being delisted, may materially and adversely affect the value of your investment.

Permissions Required from the PRC Authorities for New VIWO’s Operations

VIWO currently
conducts its business in the People’s Republic of China (PRC) primarily through its subsidiaries, specifically in mainland
China and Hong Kong. New VIWO will conduct, its business in mainland China and Hong Kong primarily through its subsidiaries. Its
operations in mainland China are governed by laws and regulations of mainland China. Many aspects of VIWO’s business depend on
obtaining and maintaining licenses, approvals, permits or qualifications from PRC regulators. Obtaining such approvals, licenses,
permits or qualifications depends on VIWO’s or New VIWO’s compliance with regulatory requirements, as applicable. PRC
regulatory authorities also have relatively broad discretion to grant, renew and revoke licenses and approvals and to implement laws
and regulations. Based on the legal advice of our PRC legal counsel and the PRC laws and regulations currently in effect, and
subject to different interpretations of these laws and regulations that may be adopted by PRC authorities, as of the date of this
proxy statement/prospectus, VIWO’s PRC subsidiaries have each obtained their respective PRC Business License. The PRC Business
License is a fundamental license that legally authorizes the license holding entity to conduct business activities within the scope
defined in the license. It specifies the nature of the business, the industries it can operate in