Company: FVN
Filing Date: 2025-05-02
Form Type: S-4
Source: 0001829126-25-003304
Chunk: 26

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-02
Form: S-4
Chunk 26
---
 at least $5,000,001 of net tangible assets (after giving effect to redemptions by Future Vision’s public shareholders) immediately prior to or upon the Closing. In the maximum redemption scenario, when 5,750,000 Future Vision Public Shares are redeemed, net tangible assets of Future Vision will be less than $5,000,001, Future Vision’s failure to maintain compliance with the net tangible assets requirement will result in termination of the Merger.

Q: Following the closing of the Business Combination, what percentage of the combined company will the former Future Vision public shareholders own?

A: Assuming (i) there are no redemptions of the public shares, (ii) the issuance of 9,950,250 Future Vision ordinary shares to the VIWO shareholders pursuant to the Merger Agreement, (iii) the issuance of Future Vision ordinary shares upon the conversion of the Future Vision public and private rights and (iv) 28,750 Future Vision ordinary shares issuable as deferred underwriting commission of the IPO, Future Vision will have an aggregate of approximately 18,127,899 ordinary shares issued and outstanding. Of such amount, it is anticipated that upon completion of the Business Combination, the ownership of the outstanding Future Vision ordinary share of the New VIWO will be as follows:

| ● | Future Vision public shareholders will own 5,750,000, approximately 31.72%, of the outstanding Future Vision ordinary shares;                               |
| ● | Sponsor will own, including the conversion of all private rights, will own 1,766,400, approximately 9.74% of the outstanding Future Vision ordinary shares; |

<div align='center'>6</div>

| ● | Holders of Future Vision public rights will own 575,000, approximately 3.17% of the outstanding Future Vision ordinary shares; |
| ● | the former VIWO shareholders will own 9,950,250, approximately 54.89% of the outstanding Future Vision ordinary shares;        |

Assuming (i) redemption by holders of all of Future Vision’s public shares (except shares owned by the SPAC Sponsor and parties to the Insider Letter Agreement (Exhibit 10.6) that agreed not redeem their ordinary shares) and; (ii) the issuance of 9,950,250 Future Vision ordinary shares at closing to the VIWO shareholders, (iii) the issuance of Future Vision ordinary shares upon the conversion of the Future Vision public rights and private rights, and (iv) 28,750