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Future Vision II Acquisition Corp. (FVN) reported its quarterly results for the period ended September 30, 2025. The SPAC generated net income of $557,209 in the quarter and $1,563,409 for the nine-month period, driven primarily by $618,724 and $1,845,521 of income earned on marketable securities held in the trust account, respectively.
Total assets were $61,597,591, including $60,451,218 in the trust account. Ordinary shares subject to possible redemption were 5,750,000 with a carrying value of $58,339,547. As of September 30, 2025, 7,544,000 ordinary shares were issued and outstanding. Earnings per redeemable share were $0.15 for the quarter and $0.46 year-to-date; the non-redeemable share class posted losses of $(0.16) and $(0.61), respectively.
The company disclosed substantial doubt about its ability to continue as a going concern, noting it must complete a business combination by March 13, 2026 (or up to September 13, 2026 with extensions). The trust is restricted until a deal or redemption. The company previously signed a Merger Agreement with VIWO Technology Inc., providing for 9,950,250 consideration shares valued at $100 million, subject to customary conditions.