Company: FVN
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001829126-25-005949
Chunk: 53

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 53
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 the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

Use of Estimates

The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported
         amounts of assets and liabilities and disclosure of contingent assets and liabilities
         at the date of the condensed consolidated financial statements and the reported amounts of income and expenses during the reporting period.

Making estimates requires management to exercise significant judgment. It is at least
         reasonably possible that the estimate of the effect of a condition, situation or set
         of circumstances that existed at the date of the condensed consolidated financial statements, which management considered in formulating its estimate, could change in the near
         term due to one or more future confirming events. Actual results could differ from these estimates. Significant estimates made by management
         in the condensed consolidated financial statements include, but are not limited to, the
         fair value of public rights and the redemption value of redeemable shares.

Cash

Cash includes demand deposits with banks that the company may deposit additional funds
         at any time and also effectively may withdraw funds at any time without prior notice
         or penalty.

Marketable Securities Held in Trust Account

As of June 30, 2025 and December 31, 2024,
all of the assets held in the Trust Account were held in U.S. Treasury Securities Money Market Funds. All of the Company’s
investments held in the Trust Account are classified as marketable securities. Marketable securities are presented on the condensed
balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of
investments held in Trust Account are included in income earned on marketable securities held in Trust Account in the condensed
statement of operations and comprehensive income (loss). The estimated fair values of marketable securities held in Trust Account are determined using available
market information. As of June 30, 2025 and December 31, 2024, the estimated fair value of marketable securities held in
Trust Account was $59,832,494 and
$58,605,697,
respectively.  For the three and six months ended June