debt
confidence high
sentiment neutral
materiality 0.50
Future Vision II issues $191,475 extension note; extends business combination deadline to Sept 13, 2026
Future Vision II Acquisition Corp.
- Issued unsecured promissory note of $191,475 to sponsor HWei Super Speed to fund one-month extension from Aug 13 to Sept 13, 2026.
- Note bears no interest, matures at business combination close; forgiven if no deal; convertible at $10/unit at sponsor's option.
- Company clarifies Rights (FVNNR) cannot convert to Ordinary Shares pre-closing and cannot serve as locate for short sales under Reg SHO.
- Board approved extension; EGM to seek further extension; merger with MicroTouch Technology per Jan 16, 2026 agreement continues.