How large is the sponsor promissory note for Future Vision II (FVN)?

The company issued an unsecured promissory note with a principal amount of $191,475. These funds are being advanced by the sponsor and deposited into the SPAC’s trust account to support a one-month extension of the initial business combination deadline under the company’s governing documents.

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

Yes. At the sponsor’s option, any unpaid principal on the $191,475 note may be converted into units at $10.00 per unit upon closing a business combination. These units would be identical to the placement units issued in the original private placement alongside the SPAC’s IPO.

What happens to the sponsor note if Future Vision II fails to close a merger?

If the SPAC does not consummate a business combination, the $191,475 promissory note will be forgiven and the sponsor will have no right to repayment. The sponsor also waives any claim on trust account distributions related to this note, concentrating risk on the sponsor rather than public shareholders.

Future Vision II gets sponsor loan and extends SPAC deadline

Future Vision II Acquisition Corp. issued an unsecured promissory note for $191,475 to its sponsor, HWei Super Speed Co. Ltd., to deposit into the trust account and fund a one-month extension of the deadline to complete its initial business combination.

Filing Impact

(High)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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How Sentiment works How the balance works

Form Type

8-K

Rhea-AI Filing Summary

Future Vision II Acquisition Corp. issued an unsecured promissory note for $191,475 to its sponsor, HWei Super Speed Co. Ltd., to deposit into the trust account and fund a one-month extension of the deadline to complete its initial business combination.

The note bears no interest and will mature at the closing of the business combination; if no deal is completed, it will be forgiven. The sponsor may instead convert the principal into units at $10.00 per unit, mirroring the original private placement units.

The board approved extending the business combination deadline from June 13, 2026 to July 13, 2026, and the company continues working toward a previously announced merger with MicroTouch Technology Inc., though completion by the new deadline is not assured.

Insights

Future Vision II uses a small sponsor loan to buy one month more deal time.

Future Vision II Acquisition Corp. obtained a sponsor backstop via a $191,475 unsecured, interest-free note to fund its trust for a one-month deadline extension. This is a typical SPAC mechanism to preserve the vehicle while it seeks to close a merger.

The note is forgiven if no business combination occurs, shifting economic risk to the sponsor. Optional conversion into units at $10.00 per unit aligns the sponsor’s upside with equity performance rather than cash repayment, while the sponsor also waives claims on trust distributions tied to this note.

The extension moves the business combination deadline from June 13, 2026 to July 13, 2026 as the SPAC continues pursuing its announced merger with MicroTouch Technology Inc. Future company communications will clarify whether the merger closes by the extended deadline or further actions are needed.

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, or exhibit attachments filed with this report.

Key Figures

Promissory note principal: $191,475 Conversion price: $10.00 per unit Extension start date: June 13, 2026 +3 more

6 metrics

Promissory note principal $191,475 Unsecured, interest-free note issued June 8, 2026

Conversion price $10.00 per unit Optional conversion of note principal into units

Extension start date June 13, 2026 Original business combination deadline before extension

Extension end date July 13, 2026 New business combination deadline after one-month extension

Ordinary share par value $0.0001 per share Par value of ordinary shares in SPAC units

Right entitlement 1/10 of one share Each right in a unit entitles holder to 1/10 share

Key Terms

unsecured promissory note, trust account, initial business combination, registration rights, +2 more

6 terms

unsecured promissory note financial

"the Company issued an unsecured promissory note (the “Note”) in the principal amount of $191,475"

An unsecured promissory note is a written IOU in which a borrower promises to repay a loan plus any interest but does not pledge any asset as collateral. Investors care because it relies solely on the borrower’s ability to pay—like lending money to someone without holding their watch as security—so it usually carries higher interest and higher risk and ranks below secured debt if the borrower defaults, affecting expected recovery and company credit profile.

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.

initial business combination financial

"to effectuate an extension of the date by which the Company must consummate its initial business combination"

An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.

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.

Amended and Restated Memorandum and Articles of Association regulatory

"Pursuant to the Company’s Amended and Restated Memorandum and Articles of Association, the Board of Directors approved the Extension"

A document that replaces and combines a company’s core governing papers into a single, updated set of rules spelling out the company’s purpose, share structure, voting rights and how decisions are made. Think of it as rewriting and consolidating a household’s rulebook so everyone knows who controls what and how major choices are handled. Investors watch these changes because they can alter ownership rights, governance, dividend policy and takeover protections, affecting value and control.

business combination deadline financial

"extending the Business Combination Deadline from June 13, 2026 to July 13, 2026"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Future Vision II Acquisition Corp. (FVN) announce in this 8-K?

Future Vision II Acquisition Corp. disclosed a new sponsor-backed, interest-free promissory note and a one-month extension of its business combination deadline, allowing more time to complete its planned merger while keeping investor funds in the trust account intact.

When does Future Vision II’s extended business combination deadline now expire?

The board approved extending the business combination deadline from June 13, 2026 to July 13, 2026. This gives the SPAC an additional month to complete its initial business combination before it must either close a transaction or face potential liquidation under its structure.

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

Yes. The company states it continues to pursue the previously announced business combination with MicroTouch Technology Inc. under the merger agreement dated January 16, 2026, while noting there is no assurance the transaction will be completed by the new July 13, 2026 deadline.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/12/2026 - 06:02 AM EDT

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): June 8, 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 June 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 June 13, 2026 to July 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 July 13, 2026.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.		Description of Exhibits
10.1		Extension Promissory Note dated June 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: June 12, 2026	By:	/s/ Danhua Xu
	Name:	Danhua Xu
	Title:	CEO and Director

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Agreements & Contracts

EX-10.1 EXHIBIT 10.1 17.5 KB

Future Vision II gets sponsor loan and extends SPAC deadline

Rhea-AI Filing Summary