Company: FVN
Filing Date: 2025-05-02
Form Type: S-4
Source: 0001829126-25-003304
Chunk: 186

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-02
Form: S-4
Chunk 186
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 outstanding shall be exchanged for Future Vision ordinary shares at the closing of the Business Combination.

<div align='center'>105</div>

Potential Dilution to Non-Redeeming Future Vision Public Shareholders

The
unadjusted net tangible book value of Future Vision as of its most recent balance sheet date, December 31, 2024, is
$59,831,849 equating to Future Vision’s total assets of $59,943,182 minus its total liabilities of $111,333. As of such date,
Future Vision had a total of 7,544,000 shares issued and outstanding, consisting of 1,736,500 shares held by its initial
shareholders and 5,750,000 shares held by public shareholders and subject to redemption. Therefore, Future Vision’s unadjusted
net tangible book value per share as of its most recent balance sheet date is approximately $7.93 per share.

The following table sets forth, with respect to each material transaction reasonably likely to occur in connection with the Business Combination while excluding the Business Combination itself, across potential redemption levels.

|                                                                                                                                          |     | No Redemption 
 Scenario      |            |   |     | 25% Redemption 
 Scenario       |             |   |     | 50% Redemption 
 Scenario       |             |   |     | 75% Redemption 
 Scenario       |             |   |
|:-----------------------------------------------------------------------------------------------------------------------------------------|:----|:--------------|-----------:|:--|:----|:---------------|------------:|:--|:----|:---------------|------------:|:--|:----|:---------------|------------:|:--|
| Net tangible book value of Future Vision as of December 31, 2024 (include temporary equity associated with the redeemable public shares) |     | $             | 59,831,849 |   |     | $              |  59,831,849 |   |     | $              |  59,831,849 |   |     | $              |  59,831,849 |   |
| Decrease in net tangible book value for payment of offering cost(1)                                                                      |     |               | (1,500,000 | ) |     |                |  (1,500,000 | ) |     |                |  (1,500,000 | ) |     |                |  (1,500,000 | ) |
| Decrease in net tangible book value for payment of deferred underwriting costs(