Company: FVN
Filing Date: 2025-03-05
Form Type: 10-K
Source: 0001829126-25-001482
Chunk: 320

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-05
Form: 10-K
Item: Item 16
Chunk 320
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deemable shares, the Company first
considered the undistributed income (loss) allocable to both the redeemable shares and non-redeemable shares and the undistributed
income (loss) is calculated using the total net income (loss) less any dividends paid. The Company then allocated the undistributed
income (loss) ratably based on the weighted average number of shares outstanding between the redeemable and non-redeemable shares.
Any remeasurement of the accretion to redemption value of the shares subject to possible redemption was considered to be dividends
paid to the public shareholders. For the period from January 30, 2024 (inception) through December 31, 2024, the Company
did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into common stock and
then share in the earnings of the Company. As a result, diluted income (loss) per share is the same as basic income (loss) per share
for the period presented.

The net income (loss) per share presented in the statements of operations is based on the following:

    Schedule of consolidated statements of operations

    For thePeriod From January 30, 2024 (Inception) Through

    December 31,2024

    Net income
     
    $
    640,343

    Less: Accretion of redeemable ordinary shares subject to redemption value

    (1,332,947
    )
  
    Net loss including accretion of redeemable ordinary shares to redemption value

    (692,604
    )

    F-14

FUTURE VISION II ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

December 31, 2024

The net income (loss) per share presented in the statement of operations is based on the following:

    Schedule of Basic and Diluted Net Loss Per Share

    For thePeriod FromJanuary 30, 2024(Inception) Through

    December 31,2024

    RedeemableOrdinary Share

    Non-Redeemable Ordinary Share

    Numerators:

    Allocation of net loss
     
    $
    (392,470
    )
     
    $
    (300,134
    )
  
    Accretion of initial measurement of ordinary shares subject to redemption value

    1,332,947

    -

    Allocation of net income (loss)
     
    $