Future Vision II Acquisition Corp. Files 8-K
Ticker: FVNNR · Form: 8-K · Filed: Sep 12, 2024 · CIK: 2010653
Sentiment: neutral
Topics: spac, material-agreement, corporate-action
TL;DR
FVII filed an 8-K on 9/12 for 9/11 events - material agreement, charter changes, other stuff. Watch this space.
AI Summary
Future Vision II Acquisition Corp. filed an 8-K on September 12, 2024, reporting on events as of September 11, 2024. The filing indicates entry into a material definitive agreement, amendments to its articles of incorporation or bylaws, and other events. It also includes financial statements and exhibits.
Why It Matters
This 8-K filing signals significant corporate actions and potential future developments for Future Vision II Acquisition Corp., which could impact its stock value and strategic direction.
Risk Assessment
Risk Level: medium — As a SPAC, Future Vision II Acquisition Corp. is subject to risks associated with finding and completing a business combination, which can be volatile.
Key Players & Entities
- Future Vision II Acquisition Corp. (company) — Filer of the 8-K report
- September 11, 2024 (date) — Earliest event date reported
- September 12, 2024 (date) — Date of the 8-K filing
FAQ
What specific material definitive agreement did Future Vision II Acquisition Corp. enter into?
The filing indicates entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What amendments were made to Future Vision II Acquisition Corp.'s articles of incorporation or bylaws?
The filing states that there were amendments to the articles of incorporation or bylaws, but the specific changes are not detailed in the provided text.
What are the 'other events' reported by Future Vision II Acquisition Corp. on September 11, 2024?
The filing mentions 'Other Events' as a reported item, but the nature of these events is not specified in the provided text.
What is the SIC code for Future Vision II Acquisition Corp. and what does it signify?
The SIC code is 6770, which corresponds to 'BLANK CHECKS', indicating it is a special purpose acquisition company.
Where is Future Vision II Acquisition Corp. incorporated and what is its fiscal year end?
The company is incorporated in E9 and its fiscal year ends on December 31.
Filing Stats: 1,091 words · 4 min read · ~4 pages · Grade level 9 · Accepted 2024-09-12 14:15:31
Key Financial Figures
- $0.0001 — isting of one Ordinary Share, par value $0.0001 per share, and one right to acquire 1/1
- $10.00 — Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of
- $50,000,000 — per Unit, generating gross proceeds of $50,000,000. In connection with the IPO, the Compa
Filing Documents
- futurevision2_8k.htm (8-K) — 50KB
- futurevision2_ex1-1.htm (EX-1.1) — 258KB
- futurevision2_ex3-1.htm (EX-3.1) — 807KB
- futurevision2_ex4-1.htm (EX-4.1) — 54KB
- futurevision2_ex10-1.htm (EX-10.1) — 83KB
- futurevision2_ex10-2.htm (EX-10.2) — 100KB
- futurevision2_ex10-3.htm (EX-10.3) — 30KB
- futurevision2_ex10-4i.htm (EX-10.4) — 106KB
- futurevision2_ex10-4ii.htm (EX-10.4) — 106KB
- futurevision2_ex10-4iii.htm (EX-10.4) — 106KB
- futurevision2_ex10-4iv.htm (EX-10.4) — 106KB
- futurevision2_ex10-4v.htm (EX-10.4) — 106KB
- futurevision2_ex10-5.htm (EX-10.5) — 48KB
- futurevision2_ex10-6.htm (EX-10.6) — 12KB
- futurevision2_ex99-1.htm (EX-99.1) — 11KB
- ex3-1_001.jpg (GRAPHIC) — 3KB
- 0001829126-24-006238.txt ( ) — 2587KB
- cik0002010653-20240911.xsd (EX-101.SCH) — 4KB
- cik0002010653-20240911_def.xml (EX-101.DEF) — 27KB
- cik0002010653-20240911_lab.xml (EX-101.LAB) — 37KB
- cik0002010653-20240911_pre.xml (EX-101.PRE) — 26KB
- futurevision2_8k_htm.xml (XML) — 7KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On September 11, 2024, the U.S. Securities and Exchange Commission declared effective the Registration by Future Vision II Acquisition Corp. (the "Company") of 5,000,000 units (the "Units"). Each Unit consists of one of the Company's ordinary shares, par value $0.0001 per share (the "Ordinary Shares"), and one right to receive 1/10th of one Ordinary Share upon the consummation of the initial business combination (the "Rights"). The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $50,000,000. In connection with the IPO, the Company entered into the following agreements: an Underwriting Agreement, dated September 11, 2024, by and among the Company and Kingswood Capital Partners, LLC; a Rights Agreement, dated September 11, 2024, between the Company and Transhare Corporation, as rights agent (the "Rights Agreement"); an Investment Management Trust Agreement, dated September 11, 2024, between the Company and Wilmington Trust, National Association, as trustee; a Registration Rights Agreement, dated September 11, 2024, by and among the Company, HWei Super Speed Co. Ltd. (the "Sponsor"), and certain securityholders of the Company; a Placement Unit Purchase Agreement, dated September 11, 2024, between the Company and the Sponsor; Indemnity Agreements, dated September 11, 2024, by and between the Company and each of the directors and officers of the Company; an Insider Letter Agreement, dated September 11, 2024, by and among the Company, the Sponsor and each of the officers and directors of the Company; and an Administrative Services Agreement, dated September 11, 2024, by and between the Company and the Sponsor. The above descriptions are qualified in their entirety by reference to the full text of the applicable agreement, each of which
03. Amendments to Certificate of Incorporation or Bylaws; Change in Fiscal
Item 5.03. Amendments to Certificate of Incorporation or Bylaws; Change in Fiscal Year. In connection with the IPO, the Company filed its Amended and Restated Memorandum of Association and Articles of Association (the "Amended and Restated Charter") with the Cayman Islands authorities on September 10, 2024. A copy of the Amended and Restated Charter is attached as Exhibit 3.1 and incorporated herein by reference.
01. Other Events
Item 8.01. Other Events. On September 11, 2024, in connection with the pricing of the IPO, the Company issued a press release, a copy of which is attached as Exhibit 99.1. 1
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated as of September 11, 2024, between the Company and Kingswood Capital Partners, LLC. 3.1 Amended and Restated Memorandum of Association and Articles of Association dated September 9, 2024. 4.1 Rights Agreement, dated as of September 11, 2024, between Transhare Corporation and the Company. 10.1 Investment Management Trust Agreement, dated as of September 11, 2024, between Wilmington Trust, National Association and the Company. 10.2 Registration Rights Agreement, dated as of September 11, 2024, among the Company, HWei Super Speed Co. Ltd., and certain securityholders of the Company. 10.3 Placement Unit Purchase Agreement, dated as of September 11, 2024, between the Company and Hwei Super Speed Co. Ltd. 10.4.1 Indemnity Agreement, dated as of September 11, 2024, between the Company and Xiaodong Wang. 10.4.2 Indemnity Agreement, dated as of September 11, 2024, between the Company and Caihong Chen. 10.4.3 Indemnity Agreement, dated as of September 11, 2024, between the Company and Zheng Wu. 10.4.4 Indemnity Agreement, dated as of September 11, 2024, between the Company and Shuding Zeng. 10.4.5 Indemnity Agreement, dated as of September 11, 2024, between the Company and Lei Xiong. 10.5 Insider Letter Agreement, dated as of September 11, 2024, among the Company, Hwei Super Speed Co. Ltd. and each director and officer of the Company. 10.6 Administrative Services Agreement, dated as of September 11, 2024, between the Company and HWei Super Speed Co. Ltd. 99.1 Press Release dated September 11, 2024. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 12, 2024 FUTURE VISION II ACQUISITION CORP. By: /s/ Xiaodong Wang Name: Xiaodong Wang Title: Chief Executive Officer and Director 3