Company: FVN
Filing Date: 2025-05-30
Form Type: S-4/A
Source: 0001829126-25-004067
Chunk: 539

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-30
Form: S-4/A
Chunk 539
---
 not previously released to the Company to pay its tax obligations). The per-share amount
to be distributed to shareholders who redeem their Public Shares will not be reduced by the deferred underwriting commissions the Company
will pay to the underwriter. The ordinary shares subject to redemption will be recorded at a redemption value and classified as temporary
equity upon the completion of the IPO, in accordance with Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing
Liabilities from Equity.” In such case, the Company will proceed with a Business Combination if the Company has net tangible assets
of at least $5,000,001 upon such consummation of a Business Combination and, if the Company seeks shareholder approval, a majority of
the issued and outstanding shares voted are voted in favor of the Business Combination. The Company will have only 18 months from the
closing of the Initial Public Offering or during any Extension Period to complete the initial Business Combination (the “Combination
Period”). If the Company is unable to complete the initial 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 for working
capital purposes or to pay the Company’s taxes (less up to $50,000 of interest to pay 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); and (iii) as promptly as reasonably possible following such redemption,
subject to the approval of the Company’s remaining shareholders and its board of directors, dissolve and liquidate, subject in
each case to the Company’s obligations under Cayman Islands law to provide for claims of creditors and the requirements of other
applicable law. There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will
expire worthless if the Company fails to complete the Business Combination within the 18 months from the closing of this offering or
during any Extension Period.

The Founder shares except as described below,
are identical to the ordinary shares included in the units being sold in this offering, and holders of Founder shares have the same shareholder
rights as