What are the key terms of Future Vision II’s $191,475 sponsor note?

The $191,475 note is unsecured, bears no interest, and matures at the closing of a business combination. If no business combination is completed, the note is forgiven and the sponsor has no right to repayment from the company or the trust account.

Can Future Vision II’s sponsor convert the note into equity units?

Yes. At its option, the sponsor may convert all or part of the unpaid principal into units at $10.00 per unit upon consummation of a business combination. These units match the private placement units issued at the IPO and carry registration rights.

Are the units issuable from the note immediately tradable for Future Vision II’s sponsor?

No. Units and underlying securities issued upon conversion of the note, if any, generally cannot be transferred or sold by the sponsor until completion of the initial business combination. These securities are, however, entitled to registration rights after that point.

Sponsor backs Future Vision II (NASDAQ: FVN) with $191,475 note

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Future Vision II Acquisition Corp. entered into a small sponsor financing and extended its merger deadline. On May 8, 2026, the sponsor provided an unsecured promissory note of $191,475 to fund the trust account and support extending the date to complete an initial business combination.

The note bears no interest, matures at the closing of a business combination, and will be forgiven if no deal is completed. The sponsor may convert the note into units at $10.00 per unit, with those units subject to transfer restrictions and registration rights. The board extended the business combination deadline from May 13, 2026 to June 13, 2026, and the company continues to work toward its announced merger with MicroTouch Technology Inc., with no assurance it will close by the new date.

Insights

Small sponsor loan funds a short SPAC deadline extension.

Future Vision II Acquisition Corp. received an unsecured sponsor note for $191,475 to extend its merger deadline by one month, from May 13, 2026 to June 13, 2026. The cash is directed into the trust account to support the extension mechanics.

The note carries no interest and is forgiven if no business combination closes, which limits cash repayment risk for the SPAC. However, the sponsor can convert the note into units at $10.00 per unit, adding a modest potential equity overhang tied to completion of a deal.

The company reiterates its focus on closing the previously announced merger with MicroTouch Technology Inc., but explicitly notes there is no assurance it will complete a business combination by June 13, 2026. Subsequent disclosures will clarify whether the transaction reaches closing before the extended deadline.

8-K Event Classification

5 items: 1.01, 2.03, 3.02, 8.01, 9.01

5 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 3.02 Unregistered Sales of Equity Securities Securities

The company sold equity securities in a private placement or other unregistered transaction.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Sponsor note principal: $191,475 Conversion price: $10.00 per unit Original deadline: May 13, 2026 +3 more

6 metrics

Sponsor note principal $191,475 Unsecured promissory note issued May 8, 2026

Conversion price $10.00 per unit Price at which note may convert into units

Original deadline May 13, 2026 Initial business combination deadline before extension

Extended deadline June 13, 2026 New business combination deadline after board approval

Par value per share $0.0001 per share Ordinary share par value for listed units

Merger agreement date January 16, 2026 Date of MicroTouch Technology Inc. merger agreement

Key Terms

promissory note, trust account, business combination, unregistered sales of equity securities, +2 more

6 terms

promissory note financial

"the Company issued an unsecured promissory note (the “Note”) in the principal amount"

A promissory note is a written IOU in which one party promises to pay a specific sum, often with interest, to another party by a set date or on demand. Investors care because it functions like a loan: it creates a legal claim on future cash flows, carries credit and timing risk, and can affect valuation or liquidity—think of it as a formal, tradable promise to be repaid that can be assessed like any other debt investment.

trust account financial

"advance of funds to the Company to be deposited into the Company’s trust account"

A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.

business combination financial

"the date by which the Company must consummate its initial business combination"

A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

unregistered sales of equity securities regulatory

"Item 3.02 Unregistered Sales of Equity Securities The information disclosed"

registration rights regulatory

"The Units issuable upon conversion of the Note ... are entitled to registration rights"

Registration rights are contractual promises that let investors require a company to file paperwork with securities regulators so those investors can sell their shares to the public. They matter because they create a path to liquidity and an exit plan—without them, investors may be stuck holding shares for a long time. Think of them like a reserved ticket that guarantees access to a public marketplace when the holder is ready to sell.

emerging growth company regulatory

"Emerging growth company Item 1.01 Entry into a Material Definitive Agreement"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Understanding 8-K Material Events →

05/13/2026 - 07:47 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 13, 2026

Future Vision II Acquisition Corp.

(Exact name of registrant as specified in its charter)

Cayman Islands

001-42273

N/A

(State or other jurisdiction of

incorporation or organization)

(Commission

File Number)

(I.R.S. Employer

Identification Number)

Xiandai Tongxin Building

201 Xin Jinqiao Road, Rm 302

Pudong New District

Shanghai, China00000

(Address of principal executive offices, including zip code)

+ (86) 136 0300 0540

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Units, each consisting of one Ordinary Share, par value $0.0001 per share, and one right to acquire 1/10^th of one Ordinary Share	FVNNU	The Nasdaq Stock Market LLC
Ordinary Shares included as part of the Units	FVN	The Nasdaq Stock Market LLC
Rights included as part of the Units	FVNNR	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement

The disclosures set forth under Item 2.03 are incorporated by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On May 8, 2026, Future Vision II Acquisition Corp. (the “Company”) issued an unsecured promissory note (the “Note”) in the principal amount of $191,475 to HWei Super Speed Co. Ltd., the Company’s sponsor (the “Sponsor”). The Note was issued in connection with the Sponsor’s advance of funds to the Company to be deposited into the Company’s trust account (the “Trust Account”) to effectuate an extension of the date by which the Company must consummate its initial business combination (the “Extension”).

The Note does not bear interest and matures upon the closing of the Company’s initial business combination. In the event that the Company does not consummate a business combination, the Note will be forgiven and the Sponsor will have no right to receive payment under the Note. The Sponsor has agreed to waive any and all right, title, interest, or claim of any kind in or to any distribution of or from the Trust Account with respect to the Note.

At the Sponsor’s option, at any time prior to payment in full of the principal balance of the Note, the Sponsor may elect to convert all or any portion of the unpaid principal balance of the Note into units of the Company at a conversion price equal to $10.00 per unit, upon the consummation of a business combination. Such units will be identical to the placement units issued to the Sponsor in the private placement that closed simultaneously with the Company’s initial public offering.

The issuance of the Extension Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

The foregoing description of the Note is qualified in its entirety by reference to the full text of the Note, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 3.02 Unregistered Sales of Equity Securities

The information disclosed under Item 2.03 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02 to the extent required herein. The Units (and the underlying securities) issuable upon conversion of the Note, if any, (1) may not, subject to certain limited exceptions, be transferable or salable by the Sponsor until the completion of the Company’s initial business combination and (2) are entitled to registration rights.

Item 8.01 Other Events.

Pursuant to the Company’s Amended and Restated Memorandum and Articles of Association, the Board of Directors approved the Extension upon the Sponsor’s request, extending the Business Combination Deadline from May 13, 2026 to June 13, 2026. The information set forth in Items 1.01 and 2.03 of this Current Report on Form 8-K is incorporated herein by reference. The Company is continuing to pursue the consummation of its previously announced business combination with MicroTouch Technology Inc. pursuant to the Merger Agreement dated January 16, 2026.

There can be no assurance that the Company will consummate a business combination by June 13, 2026.

Item 9.01 Financial Statements and Exhibits

Exhibit No.		Description of Exhibits
10.1		Extension Promissory Note dated May 8, 2026, issued by the Company to Hwei Super Speed Co., Ltd.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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.

	Future Vision II Acquisition Corp.

Date: May 13, 2026	By:	/s/ Danhua Xu
	Name:	Danhua Xu
	Title:	CEO and Director

Source: View Original Filing on SEC EDGAR

FAQ

What financing did Future Vision II Acquisition Corp. (FVN) announce?

Future Vision II Acquisition Corp. issued an unsecured promissory note for $191,475 to its sponsor, HWei Super Speed Co. Ltd. The proceeds are advanced into the trust account to fund a short extension of the SPAC’s deadline to complete its initial business combination.

How did Future Vision II change its business combination deadline?

The board approved an extension of the business combination deadline from May 13, 2026 to June 13, 2026. This one‑month extension was granted pursuant to the company’s Amended and Restated Memorandum and Articles of Association following the sponsor’s funding request.

Is Future Vision II still pursuing a merger with MicroTouch Technology Inc.?

Yes. The company states it is continuing to pursue its previously announced business combination with MicroTouch Technology Inc. under a Merger Agreement dated January 16, 2026. It cautions there is no assurance a business combination will be completed by June 13, 2026.

Filing Exhibits & Attachments

5 documents

Agreements & Contracts

EX-10.1 EXHIBIT 10.1 17.5 KB

Sponsor backs Future Vision II (NASDAQ: FVN) with $191,475 note

Rhea-AI Filing Summary

Positive

Negative