Company: FVN
Filing Date: 2025-01-07
Form Type: DRS/A
Source: 0001829126-25-000092
Chunk: 206

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-01-07
Form: DRS/A
Chunk 206
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 SPAC Sponsor will lose their entire $3,015,000 investment in Future Vision (including $25,000 for Founder Shares), which such investment is described in greater detail in the section of this proxy statement/prospectus entitled “Information about Future Vision – SPAC Sponsor and their affiliates”.

VIWO and its affiliates. For VIWO and its affiliates, the Business Combination represents the opportunity to become a publicly traded company, with all the attendant benefits thereof including increased access to capital from the public markets. For VIWO’s affiliates, the tradability of their New VIWO Ordinary Shares is expected to make their holdings more liquid. The potential detriments to VIWO and its affiliates are the increased costs and difficulty of operating as a public company and the dilution of their ownership stake in VIWO’s business of between approximately 19.61% (assuming redemption of 100% of the Future Vision Ordinary Shares held by the Public Shareholders) and approximately 45.11% (assuming no redemption of Future Vision Ordinary Shares by Public Shareholders), from 100% of VIWO prior to the Business Combination to between approximately 70.8% (assuming redemption of 100% of the Future Vision Ordinary Shares held by the Public Shareholders) and approximately 42.3% (assuming no redemption of Future Vision Ordinary Shares by Public Shareholders) of New VIWO.

Public Shareholders. For the Public Shareholders of Future Vision, the Business Combination represents the opportunity to share in the growth of a company such as VIWO that was chosen by the management of Future Vision as an acquisition target in an initial business combination (which was Future Vision’s original purpose). Unlike the Future Vision Insiders, if an initial business combination was not consummated by Future Vision within the required time period, the Public Shareholders would receive a pro-rata portion of the trust account, equivalent to their initial investment plus interest. Like the Future Vision Insiders, however, the Future Vision Rights held by the Public Shareholders would expire worthless if no business combination such as the Business Combination is completed by the deadline. The primary potential detriment to the Public Shareholders of the Business Combination is the dilution of their ownership stake in the combined business of between approximately 41.33% (assuming no redemption of Future Vision Ordinary Shares by Public Shareholders) and approximately 71.57% (assuming redemption of 100% of the Future Vision Ordinary Shares held by the Public Shareholders), from approximately 76.22% of Future Vision prior to the Business Combination to