Future Vision II Acquisition Corp.

Future Vision II Acquisition Corp. shareholders approved all proposals related to its business combination at an extraordinary general meeting on July 23, 2026. Key approvals include the merger agreement, a name change to "MicroTouch Inc.", and the election of five directors. While the business combination is moving forward, 3,758,515 public ordinary shares were tendered for redemption, representing an estimated payment of over $41 million, contingent on the closing of the business combination.

Future Vision II Acquisition Corp. has extended its business combination deadline by one month, from July 13, 2026, to August 13, 2026. To facilitate this extension, the company issued an unsecured promissory note for $191,475 to its sponsor, HWei Super Speed Co. Ltd., with funds deposited into the Trust Account. The note is non-interest bearing, convertible into units at $10.00 per unit upon a business combination, and will be forgiven if no combination occurs. The company is still working towards its previously announced merger with MicroTouch Technology Inc.

Future Vision II Acquisition Corp. has issued a $191,475 unsecured promissory note to its sponsor, HWei Super Speed Co. Ltd., to fund an extension of its business combination deadline to July 13, 2026. The note is interest-free and will be forgiven if a business combination is not completed. The sponsor has the option to convert the note into company units at $10.00 per unit upon a successful business combination. The company continues to pursue its merger with MicroTouch Technology Inc.

Future Vision II Acquisition Corp. reported a net income of $418,756 for Q1 2026, a decrease from $454,300 in Q1 2025. The company terminated its merger agreement with VIWO Technology Inc. in December 2025 and subsequently entered into a new merger agreement with MicroTouch Technology INC in January 2026. The deadline to consummate a Business Combination was extended to April 13, 2026, with a final deadline of September 13, 2026, raising substantial doubt about the company's ability to continue as a going concern if a combination is not completed.

Future Vision II Acquisition Corp. extended its deadline to complete an initial business combination from May 13, 2026, to June 13, 2026. To fund this extension, the company issued an unsecured promissory note for $191,475 to its sponsor, HWei Super Speed Co. Ltd. The note is non-interest bearing, matures upon the business combination, and is convertible into units at $10.00 per unit.

Future Vision II Acquisition Corp. received a notice from Nasdaq on May 5, 2026, indicating non-compliance with the minimum public holders requirement for continued listing. This notice is a deficiency notification and does not immediately affect the company's listing or trading. The company has 45 calendar days, until June 22, 2026, to submit a plan to regain compliance. Future Vision II is actively evaluating its options and intends to submit a plan within the specified timeframe.

Future Vision II Acquisition Corp. issued an unsecured promissory note for $191,475 to its sponsor, HWei Super Speed Co. Ltd. The funds will be deposited into the company's trust account to extend the deadline for completing its initial business combination. The note is interest-free, matures upon the business combination's closing, and can be converted into company units at $10.00 per unit at the sponsor's option.