Current Report · Items 1.01, 2.03, 3.02, 8.01, 9.01 · 8-K
Future Vision II Acquisition Corp.
FVNNASDAQEQUITYCurrent
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Other Events
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On September 10, 2026, Future Vision II Acquisition Corp. (the “Company”) issued an unsecured promissory note (the “Promissory Note”) in the principal amount of $65,000 to the Company’s sponsor, Hwei Super Speed Co., Ltd. (the “Sponsor”).…
Company context
Current securities
Recent company filings
- Submission of Matters to a Vote of Security Holders · Other EventsAug 25, 2026
- DEFA14A filingAug 18, 2026
- Other EventsAug 18, 2026
- Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Other EventsAug 17, 2026
- 10-Q filingAug 11, 2026
Disclosure sections
Item 2.03Item 2.03 - Creation of Direct Financial Obligation
Item 2.03 Creation of a Direct Financial Obligation
or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On September 10, 2026, Future Vision II Acquisition
Corp. (the “Company”) issued an unsecured promissory note (the “Promissory Note”) in the principal amount of $65,000
to the Company’s sponsor, Hwei Super Speed Co., Ltd. (the “Sponsor”). The Promissory Note was issued in connection with
the Sponsor’s advance of funds to the Company deposited into the Company’s trust account (the “Trust Account”)
to effectuate a one-month extension of the date by which the Company must consummate its initial business combination, from September
13, 2026, to October 13, 2026.
The Promissory Note is non-interest bearing and
matures upon the consummation of the Company’s initial business combination. In the event that the Company does not consummate its
initial business combination, the Promissory Note will be forgiven. At the Sponsor’s option, upon the consummation of the initial
business combination, the unpaid principal balance of the Promissory Note may be converted into units of the Company at a conversion price
of $10.00 per unit.
The foregoing description of the Promissory Note
is qualified in its entirety by reference to the full text of the Promissory Note, a copy of which is attached as Exhibit 10.1 hereto
and is incorporated herein by reference.
Item 3.02Item 3.02 - Unregistered Sales of Equity
Item 3.02 Unregistered Sales of Equity Securities.
The information disclosed under Item 2.03 of this
Current Report on Form 8-K is incorporated by reference into this Item 3.02 to the extent required herein. The Units (and the underlying
securities) issuable upon conversion of the Note, if any, (1) may not, subject to certain limited exceptions, be transferable or salable
by the Sponsor until the completion of the Company’s initial business combination and (2) are entitled to registration rights.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events.
Pursuant to the Company’s Amended and Restated
Memorandum and Articles of Association, the Board of Directors approved the Extension upon the Sponsor’s request, extending the
Business Combination Deadline from September 13, 2026 to October 13, 2026. The information set forth in Items 1.01 and 2.03 of this Current
Report on Form 8-K is incorporated herein by reference. The Company is continuing to pursue the consummation of its previously announced
business combination with MicroTouch Technology Inc. pursuant to the Merger Agreement dated January 16, 2026.
Update on Extension Redemptions
Additionally, on August 27, 2026, the redemption
funds associated with the August 2026 extension redemption event were successfully wired to the respective clearing brokers. Public shareholders
who validly tendered their ordinary shares for redemption in connection with the extension event were paid at a redemption rate of $11.03
per share.
Clarification Regarding Rights and Short Sale
Coverage
The Company has become aware of potential market
confusion regarding the use of its publicly traded Rights (CUSIP: G37068114) in connection with short selling activities of its Ordinary
Shares (CUSIP: G37068106).
The Company wishes to remind shareholders, broker-dealers,
and clearing firms of the specific mechanics governing its securities:
Conversion Timeline: Under
the Company’s Memorandum and Articles of Association, ten (10) Rights will automatically convert into one (1) Ordinary Share only
upon the consummation of the Company’s initial business combination.
No Pre-Closing Conversion: Rights are not currently convertible, will not convert upon the approval of the August 21, 2026 extension, and cannot be voluntarily converted by the holder at any time prior to the closing of the business combination.
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Not a Valid Locate for Settlement: Because the Rights cannot be converted into Ordinary Shares prior to the consummation of the business combination, holding Rights does not provide an investor with deliverable Ordinary Shares. Consequently, the Company believes that un-converted Rights cannot be used to satisfy “locate” or delivery requirements for short sales of Ordinary Shares under SEC Regulation SHO prior to the closing.
No Voting or Redemption Rights: Rights do not carry voting rights at the upcoming Extraordinary General Meeting and have no redemption rights or liquidating value.
The Company urges broker-dealers to ensure compliance
with all applicable locate and delivery requirements regarding the Company’s Ordinary Shares and to review their internal policies
regarding the lending and shorting of Future Vision II Acquisition Corp. securities.
There can be no assurance that the Company will
consummate a business combination by October 13, 2026.
Item 9.01 Financial Statements and
Exhibits.
Exhibit No. Description of Exhibits
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10.1 Extension Promissory Note dated September 10, 2026, issued by the Company to Hwei Super Speed Co., Ltd.
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