Company: FVN
Filing Date: 2025-01-07
Form Type: DRS/A
Source: 0001829126-25-000092
Chunk: 89

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-01-07
Form: DRS/A
Chunk 89
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 the extent that VIWO’s employees or third parties with whom VIWO does business use intellectual property owned by others in their work for VIWO, disputes may arise as to the rights to such intellectual property. Furthermore, it is often difficult to maintain and enforce intellectual property rights in China. Statutory laws and regulations are subject to judicial interpretation and enforcement, and may not be applied consistently due to the lack of clear guidance on statutory interpretation. Contractual restrictions may be breached by counterparties, and there may not be adequate remedies available to VIWO for any such breach. Accordingly, VIWO may not be able to effectively protect intellectual property rights or to enforce VIWO’s contractual rights in China. Preventing any unauthorized use of VIWO’s intellectual property is difficult and costly and the steps VIWO takes may be inadequate to prevent the misappropriation of company intellectual property. In the event that VIWO resorts to litigation to enforce intellectual property rights, such litigation could result in substantial costs and a diversion of VIWO’s managerial and financial resources. VIWO cannot provide assurance that VIWO will prevail in such litigation. Any failure in protecting or enforcing VIWO’s intellectual property rights could have a material adverse effect on its business, financial condition and results of operations.

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VIWO’s services or solutions could infringe upon the intellectual property rights of others or VIWO might lose its ability to utilize the intellectual property of others.

VIWO cannot be sure that its services and solutions do not infringe on the intellectual property rights of third parties, and these third parties could claim that VIWO or its clients are infringing upon their intellectual property rights. These claims could harm VIWO’s reputation, cause VIWO to incur substantial costs or prevent it from offering some services or solutions in the future. Any related proceedings could require VIWO to expend significant resources over an extended period of time. Any claims or litigation in this area could be time-consuming and costly, damage VIWO’s reputation and/or require it to incur additional costs to obtain the right to continue to offer a service or solution to VIWO’s customers. If VIWO cannot secure this right at all or on reasonable terms, or if it cannot substitute alternative technology, then VIWO’s results of operations could be materially adversely affected. The risk of infringement claims against VIWO may increase as VIWO expands upon its Intelligent digital technology information technology solutions.

Additionally, in recent years, individuals and firms have purchased intellectual property assets in order to assert claims of infringement against technology providers and customers that use