Company: FVN
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001829126-25-003643
Chunk: 27

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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M, or group, in deciding how to allocate resources and assess performance.

The Company’s CODM has been identified as the Chief Executive Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that there is only one reportable segment.

The CODM assesses performance for the single segment and decides on resource allocation based on the net income or loss reported on the statement of operations and comprehensive income (loss). The measure of segment assets is reported on the balance sheet as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total assets, which include the following:

    Schedule of Segment Information

    March 31, 2025

    December 31, 2024

    (Unaudited)

    Cash
     
    $
    1,142,445

    $
    1,332,505

    Marketable securities held in Trust Account
     
    $
    59,218,058

    $
    58,605,697

        For the Three Months EndedMarch 31,
        2025

    For thePeriod FromJanuary 30, 2024 (Inception) Through March 31,2024

    (Unaudited)

    (Unaudited)

    Operating expenses
     
    $
    166,900

    $
    2,091

    Income earned on marketable securities held in Trust Account
     
    $
    612,361

    $
    -

    18

FUTURE VISION II ACQUISITION CORP. NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS March 31, 2025

The CODM reviews income earned on marketable securities held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the Trust Agreement.

Operating expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination or similar transaction within the business combination period. The CODM also reviews operating expenses to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. Operating expenses, as reported on the statements of operations and comprehensive income (loss), are the significant segment expenses provided to the CODM on a regular basis.