Company: FVN
Filing Date: 2025-03-05
Form Type: 10-K
Source: 0001829126-25-001482
Chunk: 218

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-05
Form: 10-K
Item: Item 13
Chunk 218
---
57,500

    5

    522,014

    -

    522,019

    Underwriters’ discount

    -

    -

    (120,649
    )

    -

    (120,649
    )
  
    Other offering expenses

    -

    -

    (40,171
    )

    -

    (40,171
    )
  
    Accretion of ordinary share subject to redemption value

    -

    -

    (692,604
    )

    (640,343
    )

    (1,332,947
    )
  
    Net income

    -

    -

    -

    640,343

    640,343

    Balance as of December 31, 2024

    1,794,000

    $
    179

    $
    7,694,028

    $
    -

    $
    7,694,207

The accompanying notes are an integral part of these financial statements.

F-5

FUTURE VISION II ACQUISITION CORP.

STATEMENTS OF CASH FLOWS

Currency expressed in United States dollars (“US$)

    For thePeriod FromJanuary 30, 2024(Inception) Through

    December 31,2024

    Cash Flows from Operating Activities:

    Net income
     
    $
    640,343

    Adjustments to reconcile net loss to net cash used in operating activities:

    Income earned on marketable securities held in Trust Account

    (818,197
    )
  
    Changes in operating assets and liabilities:

    Prepaid expenses

    (4,980
    )
  
    Due to related parties

    36,333

    Net Cash Used in Operating Activities

    (146,501
    )

    Cash Flows from Investing Activities:

    Purchase of marketable securities held in Trust Account

    (57,787,500
    )
  
    Net Cash Used in Investing Activities

    (57,787,500
    )

    Cash Flows from Financing Activities:

    Proceeds from issuance of ordinary shares to Sponsor

    25,000

    Proceeds from issuance of promissory note to related party

    375,000

    Repayment of promissory note to related party

    (375,000
    )
  
    Proceeds from sale of public units through public offerings, net of underwriters’ discount

    56,637