Future Vision II Acquisition Corp. 8-K

What Happened
Future Vision II Acquisition Corp. filed an 8-K reporting that its board approved a one-month extension of the deadline to complete a business combination from July 13, 2026 to August 13, 2026. On July 8, 2026 the company issued an unsecured promissory note to its sponsor, HWei Super Speed Co. Ltd., for $191,475 to fund the trust account in connection with that extension. The company continues to pursue its previously announced merger with MicroTouch Technology Inc. under the January 16, 2026 Merger Agreement, but said there is no assurance the deal will close by August 13, 2026.

Key Details

• Extension: Business Combination Deadline extended from July 13, 2026 to August 13, 2026 (board approved).
• Promissory Note: $191,475 principal issued July 8, 2026 to sponsor; unsecured, no interest, matures upon closing of an initial business combination.
• Forgiveness & Waiver: If no business combination occurs, the note will be forgiven and the sponsor waived any claim to trust account distributions related to the note.
• Conversion Option: Sponsor may convert all or part of unpaid principal into company units at $10.00 per unit (identical to private placement units) upon consummation of a business combination.

Why It Matters
This filing shows the SPAC obtained short-term funding from its sponsor to extend the time available to complete a deal and avoid liquidation. The note increases the company’s ability to pursue the announced merger with MicroTouch but carries no interest and can be forgiven if no deal occurs, meaning it has limited downside for the SPAC’s cash in trust. Investors should note the new August 13, 2026 deadline and that completion of the business combination is still uncertain.