Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 513

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 513
---
 (iii) waive their rights to liquidating distributions from the Trust Account with respect to their Founder shares if the Company
fails to complete its initial Business Combination within 18 months from the closing of this offering or during any Extension Period,
(although they will be entitled to liquidating distributions from the Trust Account with respect to any public shares they hold if the
Company fails to complete its initial Business Combination within the prescribed time frame), and (iv) vote any founder shares held by
them and any public shares purchased during or after this offering (including in open market and privately-negotiated transactions) in
favor of our initial business combination. If the Company submits its initial Business Combination to its public shareholders for a vote,
its founder has agreed (and its permitted transferees will agree) to vote their Founder shares, private shares and any public shares
purchased during or after this offering in favor of its initial Business Combination. The other members of the Company’s management
team have entered into agreements similar to the one entered into by the Company’s Sponsor with respect to any public shares acquired
by them in or after this offering.

The Company will have until 18 months from the
closing of the IPO (or up to 24 months from the closing of this offering if the Company extends the period of time to consummate a Business
Combination by up to six additional months through six one-month extensions of time, as further provided in the Company’s amended
and restated memorandum and articles of association) to consummate a Business Combination (the “Combination Period”). If
the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except
for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public
shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account including interest
earned on the funds held in the trust account and not previously released to the Company to pay its franchise and income taxes as well
as expenses relating to the administration of the trust account (less up to $50,000 of interest released to the Company to pay taxes
and potentially, dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish
public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), subject
to applicable law, and (iii) as promptly as reasonably possible following