Company: FVN
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001829126-25-005949
Chunk: 87

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 2
Chunk 87
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 to effect our initial
Business Combination, the remaining proceeds held in the Trust Account as well as any other net proceeds not expended will be used as
working capital to finance the operations of the target business. Such working capital funds could be used in a variety of ways including
continuing or expanding the target business’ operations, for strategic acquisitions and for marketing, research and development
of existing or new products. Such funds could also be used to repay any operating expenses or finders’ fees which we had incurred
prior to the completion of our initial Business Combination if the funds available to us outside of the Trust Account were insufficient
to cover such expenses.

Over the next 12 months (assuming a Business Combination
is not consummated prior thereto), we will be using the funds held outside of the Trust Account for identifying and evaluating prospective
acquisition candidates, performing business due diligence on prospective target businesses, traveling to and from the offices, plants
or similar locations of prospective target businesses, reviewing corporate documents and material agreements of prospective target businesses,
selecting the target business to acquire and structuring, negotiating and consummating the Business Combination.

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If our estimates of the costs of undertaking in-depth
due diligence and negotiating our initial Business Combination is more than the actual amount necessary to do so, or the amount of interest
available to us from the Trust Account is less than we expect as a result of the current interest rate environment, we may have insufficient
funds available to operate our business prior to our initial Business Combination. Moreover, we may need to obtain additional financing
either to consummate our initial Business Combination or because we become obligated to redeem a significant number of our public shares
upon consummation of our initial Business Combination, in which case we may issue additional securities or incur debt in connection with
such Business Combination. Subject to compliance with applicable securities laws, we would only consummate such financing simultaneously
with the consummation of our initial Business Combination. Following our initial Business Combination, if cash on hand is insufficient,
we may need to obtain additional financing in order to meet our obligations.

As of June 30, 2025, we had cash of $1,115,263
and a working capital of $1,005,555. We have incurred and expect to continue to incur significant professional costs to remain as a publicly
traded company and to incur significant transaction costs in pursuit of the consummation of a Business Combination. In connection with
our assessment of going concern considerations in accordance with