Future Vision II Acquisition Corp. filed a Current Report on Form 8-K dated September 10, 2026, disclosing a financial obligation related to extending the company's deadline to complete its initial business combination. The registrant issued an unsecured promissory note in the principal amount of $65,000 to its sponsor, Hwei Super Speed Co., Ltd. The funds advanced by the sponsor were deposited into the Company’s trust account to facilitate a one-month extension of the deadline.
Under the terms of the agreement, the Business Combination Deadline was extended 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. If the Company does not consummate a business combination, the note will be forgiven. Alternatively, upon the consummation of the initial business combination, the unpaid principal balance may be converted into units of the Company at a conversion price of $10.00 per unit.
The filing also confirms that redemption funds associated with an August 2026 extension event were successfully wired to clearing brokers. Public shareholders who tendered their ordinary shares for redemption in that event were paid at a redemption rate of $11.03 per share. The Company is continuing to pursue a previously announced business combination with MicroTouch Technology Inc. pursuant to a Merger Agreement dated January 16, 2026.
Additionally, the Company clarified the mechanics of its Rights. Under the Company’s Memorandum and Articles of Association, ten Rights will automatically convert into one Ordinary Share only upon the consummation of the initial business combination. The Company stated that Rights are not currently convertible and do not carry voting rights, redemption rights, or liquidating value prior to the closing of the business combination.
