Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 260

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 260
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 the asset or liability. These inputs are
further defined as observable and unobservable inputs. Observable inputs are those that buyer and seller would use in pricing the asset
or liability based on market data obtained from sources independent of the Company. Unobservable inputs reflect the Company’s assumptions
about the inputs that the buyer and seller would use in pricing the asset or liability developed based on the best information available
in the circumstances.

The fair value hierarchy
is categorized into three levels based on the inputs as follows:

| ● | Level 1 - Valuations based on unadjusted quoted prices                                                                              
 in active markets for identical assets or liabilities that the Company has the ability to access. Valuation adjustments and block   
 discounts are not being applied. Since valuations are based on quoted prices that are readily and regularly available in an active  
 market, valuation of these securities does not entail a significant degree of judgment.                                             |
| ● | Level 2 - Valuations based on (i) quoted prices in active markets                                                                   
 for similar assets and liabilities, (ii) quoted prices in markets that are not active for identical or similar assets, (iii) inputs 
 other than quoted prices for the assets or liabilities, or (iv) inputs that are derived principally from or corroborated by market  
 through correlation or other means.                                                                                                 |
| ● | Level 3 - Valuations based on inputs that are unobservable and significant                                                          
 to the overall fair value measurement.                                                                                              |

The fair value of the
Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820 approximates the carrying amounts
represented in the accompanying balance sheet, primarily due to their short-term nature. The carrying amounts reported in the balance
sheet for cash and cash equivalents, marketable securities held in trust account, accounts payable and accrued expenses and due to related
parties, each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period between
the origination of such instruments and their expected realization and their current market rate of interest.

Ordinary Shares Subject to Possible Redemption

All of the 5,750,000
Ordinary Shares sold as part of the Units in the IPO contain a redemption feature which allows for the redemption of such Public Shares
in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination
and in connection with certain amendments to the Company’s amended and restated certificate of incorporation.

The Company accounted
for its ordinary shares subject to