Company: FVN
Filing Date: 2025-05-02
Form Type: S-4
Source: 0001829126-25-003304
Chunk: 13

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-02
Form: S-4
Chunk 13
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 to Investors as a Result of our Business Combination Structure

New VIWO will not be an operating company in the PRC but a Cayman Islands holding company with its operations conducted through its wholly owned subsidiaries. As a result, investors in New VIWO are not acquiring equity interests in any operating company but instead are acquiring interests in a Cayman Islands holding company.

After the completion of the Business Combination, New VIWO will continue conducting its business operations through VIWO and its PRC subsidiaries. As a result, New VIWO will be subject to legal and operational risks associated with having all of its operations in China, including risks related to the legal, political and economic policies of the Chinese government, the relations between China and the United States, and changes in Chinese laws and regulations, which could result in a material change in New VIWO’s operations and/or cause the value of New VIWO’s ordinary shares to significantly decline or become worthless and affect New VIWO’s ability to offer or continue to offer securities to investors.

VIWO’s operations are significantly affected by evolving Chinese laws and regulations, including those related to overseas offerings, anti-monopoly regulatory actions, and cybersecurity. Adding to these challenges, the Chinese government exerts considerable control over VIWO’s operations and its ability to raise capital overseas. This governmental oversight could significantly impact VIWO’s business, restrict its access to foreign investment, and negatively affect the value of its securities.

On February 17, 2023, China introduced new regulations (the “Trial Measures”) governing overseas listings for domestic companies, effected on March 31, 2023. These regulations require VIWO to complete specific filing procedures with the CSRC. However, as of the date of this proxy statement/prospectus, VIWO has not completed the filing procedures with the CSRC. We cannot assure you that we can complete the filing procedures in a timely manner or at all, which could lead to regulatory penalties and hinder its ability to list on foreign exchanges. In addition, there can be no guarantee that these filings will ever be completed, in which case the Business Combination may not be completed.

While new cybersecurity regulations have been implemented in China, VIWO has confirmed that, based on PRC legal counsel’s assessment, its operations and listing are not expected to be affected by these measures at this time.

In summary, investing in VIWO carries inherent risks associated with the Chinese regulatory environment. These risks could materially impact VIWO’s business operations, financial performance, and ability to access international capital markets. For more information, please