8-KAccepted Oct 14, 4:30 PM ET
Future Vision II Acquisition Corp.: extends business combination deadline
Accepted (ET)
4:30 PM
Oct 14, 2026
Filed
Oct 14, 2026
Documents
13
Size
293.8 KB
Summary
Future Vision II Acquisition Corp.: extends business combination deadline
What happened
- The filing reports that the board approved an extension of the business combination deadline from Oct 13, 2026 to Nov 13, 2026 upon the sponsor’s request.
- On Oct 12, 2026, the Company issued an unsecured promissory note in the principal amount of $65,000 to its sponsor, Hwei Super Speed Co., Ltd., in connection with the sponsor’s advance of funds deposited into the Company’s trust account to effectuate the one-month extension.
- The filing also discloses clarifications about the Company’s publicly traded Rights and notes the Company is continuing to pursue the previously announced business combination with MicroTouch Technology Inc. pursuant to the Merger Agreement dated Jan 16, 2026.
Key details
- Promissory note: principal amount $65,000, issued Oct 12, 2026 to Hwei Super Speed Co., Ltd.; unsecured; non-interest bearing; matures upon consummation of the initial business combination.
- Forgiveness and conversion: if the Company does not consummate the initial business combination, the promissory note will be forgiven; at the sponsor’s option upon consummation, the unpaid principal may be converted into units at a conversion price of $10.00 per unit.
- Extension: business combination deadline extended from Oct 13, 2026 to Nov 13, 2026, approved pursuant to the Company’s Amended and Restated Memorandum and Articles of Association.
- Rights mechanics: ten (10) Rights convert into one (1) Ordinary Share only upon consummation of the initial business combination; Rights are not convertible before closing, cannot be used to satisfy locate or delivery requirements for short sales prior to closing, and carry no voting or redemption rights at the upcoming extraordinary general meeting.
Why it may matter
- Item 1.01 and Item 2.03 are reported for the promissory note (entry into a material definitive agreement and creation of a direct financial obligation). Item 3.02 and Item 8.01 are reported for unregistered sales disclosure and other events, including the extension and the Rights clarification. This filing does not show why the insider traded or why the company acted.