Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 149

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 149
---
) the issuance of 9,950,250 Future Vision ordinary shares at closing to the VIWO shareholders, (iii) the issuance of Future Vision Shares upon the conversion of the Future Vision Public Rights and Private Rights, and (iv) 28,750 Ordinary Shares issuable as deferred underwriting commission of the IPO, Future Vision will have approximately 12,377,899 shares issued and outstanding at closing of the Business Combination. Of such amount, it is anticipated that upon completion of the Business Combination, the ownership of the outstanding Future Vision Ordinary Share of the post-Merger company will be as follows:

| ● | Sponsor will own, including the conversion of all private rights, will own 1,766,400, approximately 14.27% of the outstanding Future Vision ordinary shares; |
| ● | Holders of Future Vision public rights will own 575,000, approximately 4.65% of the outstanding Future Vision ordinary shares;                               |
| ● | the former VIWO shareholders will own 9,950,250, approximately 80.39% of the outstanding Future Vision ordinary shares;                                      |

Assuming no redemptions of the Future Vision public Shares issued in our IPO, the combined company would have a pro forma valuation of approximately $182 million based upon a price of $10.05 per Future Vision Share and the securities issued to the VIWO security holders would have a value of approximately $100 million at an assumed price of $10.05 per share.

Assuming maximum redemptions of the Future Vision public Shares issued in our IPO, the combined company would have a pro forma valuation of approximately $124 million based upon a price of $10.05 per Future Vision Share and the securities issued to the VIWO security holders would have a value of approximately $100 million at an assumed price of $10.05 per share.

The minority position of the former Future Vision Shareholders will give them limited influence over the management and operations of the combined company.

<div align='center'>82</div>

Risks Related to Future Vision as a SPAC

Future Vision will be forced to liquidate the trust account if it cannot consummate a business combination by March 13, 2026, or fails to obtain the Board and/or shareholder approval required for an extension of such date to a later date.

Although Future Vision’s board of directors also has the ability to further extend the period of time to consummate a Business Combination up to six additional times after March 13, 2026, each