secwatch.observer — SEC 8-K summary
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Issuer:     Future Vision II Acquisition Corp. (FVN)
CIK:        0002010653
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001829126-24-008249
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Future Vision II and Viwo amend merger agreement to add performance-based lock-up for Viwo shareholders
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- Amendment No. 1 requires Viwo shareholders to enter lock-up agreement with performance-based release mechanism.
- Two-year lock-up: shares released if Viwo achieves 20% gross revenue growth in FY1 and 30% in FY2 (24.96% CAGR).
- Three-year lock-up: shares released if Viwo achieves 126.2% gross revenue growth by FY3 (28.46% CAGR).
- Alternatively, shareholders may forfeit 10% of Consideration Shares after FY3 to release lock-up.
- Lock-up aligns shareholder interests with long-term growth of post-merger Viwo Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2010653/000182912624008249/0001829126-24-008249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2010653/000182912624008249/futurevision2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-008249

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer