Business Context and Reporting Period
Company: Future Vision II Acquisition Corp. (FVN)
Filing Type: Form 8-K (Current Report)
Date of Report: June 8, 2026
Context: The Company, a Cayman Islands-based special purpose acquisition company (SPAC), reported the extension of its deadline to consummate an initial business combination. The Company is currently pursuing a merger with MicroTouch Technology Inc. pursuant to a Merger Agreement dated January 16, 2026.
Key Financial Metrics
Debt and Liquidity:
- New Obligation: Issued an unsecured promissory note in the principal amount of $191,475 to its sponsor, HWei Super Speed Co. Ltd.
- Purpose: Funds were advanced to be deposited into the Trust Account to effectuate the extension of the business combination deadline.
- Terms: The note bears no interest and matures upon the closing of the initial business combination.
Revenue, Profit, and Margins: The filing text does not provide a clear value for revenue, profit, cash flow, or operating margins as this is a current report regarding a specific corporate event rather than a periodic financial statement.
Material Changes
- Extension of Deadline: The Board of Directors approved an extension of the Business Combination Deadline from June 13, 2026, to July 13, 2026.
- Capital Structure: Creation of a direct financial obligation via the $191,475 promissory note.
Guidance, Outlook, and Risks
Management Commentary and Outlook: The Company is continuing to pursue the consummation of its business combination with MicroTouch Technology Inc.
Risks and Contingencies:
- Combination Risk: There can be no assurance that the Company will consummate a business combination by the new deadline of July 13, 2026.
- Note Forgiveness: If the Company does not consummate a business combination, the $191,475 note will be forgiven, and the sponsor will have no right to receive payment.
- Conversion Rights: The sponsor may elect to convert the unpaid principal balance into units at $10.00 per unit upon the consummation of a business combination.
Investor Verification Checklist
- Verify the status of the merger agreement with MicroTouch Technology Inc. and any potential further extensions beyond July 13, 2026.
- Confirm the total balance in the Trust Account following the deposit of the $191,475 sponsor advance.
- Review the full text of the Extension Promissory Note (Exhibit 10.1) for any additional covenants or conditions.
- Monitor for any updates regarding the conversion of the note into equity units if the business combination proceeds.