other material
confidence high
sentiment neutral
materiality 0.50
Future Vision II extends business combination deadline to Oct 13, 2026 via $65K sponsor note
Future Vision II Acquisition Corp.
- Issued $65,000 unsecured promissory note to sponsor Hwei Super Speed Co. to fund one-month extension from Sept 13 to Oct 13, 2026.
- Note non-interest bearing, matures upon business combination; forgiven if no deal; convertible at $10/unit at sponsor option.
- Public shareholders who redeemed in August 2026 extension paid $11.03 per share; funds wired Aug 27, 2026.
- Company clarifies Rights cannot convert before business combination; not valid locate for short sales under Reg SHO; no voting/redemption rights.