Company: FVN
Filing Date: 2025-05-30
Form Type: S-4/A
Source: 0001829126-25-004067
Chunk: 547

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-30
Form: S-4/A
Chunk 547
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 expanded disclosures about fair value measurements.
Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between the
buyer and the seller at the measurement date. In determining fair value, the valuation techniques consistent with the market approach,
income approach and cost approach shall be used to measure fair value. ASC Topic 820 establishes a fair value hierarchy for inputs, which
represent the assumptions used by the buyer and seller in pricing the asset or liability. These inputs are further defined as observable
and unobservable inputs. Observable inputs are those that buyer and seller would use in pricing the asset or liability based on market
data obtained from sources independent of the Company. Unobservable inputs reflect the Company’s assumptions about the inputs that
the buyer and seller would use in pricing the asset or liability developed based on the best information available in the circumstances.

The fair value hierarchy is categorized into three levels based on the inputs as follows:

| ● | Level 1 - Valuations                                                                                                                  
 based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.   
 Valuation adjustments and block discounts are not being applied. Since valuations are based on quoted prices that are readily and     
 regularly available in an active market, valuation of these securities does not entail a significant degree of judgment.              |
| ● | Level 2 - Valuations                                                                                                                  
 based on (i) quoted prices in active markets for similar assets and liabilities, (ii) quoted prices in markets that are not active    
 for identical or similar assets, (iii) inputs other than quoted prices for the assets or liabilities, or (iv) inputs that are derived 
 principally from or corroborated by market through correlation or other means.                                                        |
| ● | Level 3 - Valuations                                                                                                                  
 based on inputs that are unobservable and significant to the overall fair value measurement.                                          |

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820 approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature. The carrying amounts reported in the balance sheet for cash and cash equivalents, marketable securities held in trust account, accounts payable and accrued expenses and due to related parties each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period between the origination of such instruments and their expected realization and their current market rate of interest.

The following table presents information about
the Company’s assets that