FVN
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DESCRIPTION

Future Vision II Acquisition Corp. is a SPAC — a blank check company with no operations — formed to identify and merge with a private business, taking it public in the process. Future Vision raised $57.5M in its IPO in September 2024, placing those proceeds in a trust account invested in U.S. government securities while it searches for a merger target. Future Vision has signed a merger agreement with MicroTouch Technology, a Hong Kong-based IT services company focused on real-time matching IT services and enterprise custom software development, valuing MicroTouch at $90M. If the deal closes, Future Vision would rename itself MicroTouch and MicroTouch would become its wholly-owned subsidiary. A prior merger target, VIWO Technology, terminated its agreement with Future Vision in December 2025. Future Vision's SPAC structure gives public shareholders the option to redeem their shares for roughly $10.05 each if they don't want to participate in the business combination. If no deal closes by March 2026 — extendable to September 2026 with monthly sponsor deposits — Future Vision would liquidate and return trust funds to public shareholders. The sponsor, HWei Super Speed, holds 20% of shares acquired for $25,000, giving it an outsized economic interest if a deal closes.

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