Future Vision II Acquisition Corp. issued an unsecured promissory note for $191,475 to its sponsor HWei Super Speed Co. Ltd. to fund a one-month extension of its business combination deadline from March 13, 2026, to April 13, 2026. The note is interest-free, convertible into units at $10.00 per unit, and will be forgiven if no business combination occurs.
Key takeaways
Issued $191,475 unsecured promissory note to sponsor HWei Super Speed Co. Ltd. on March 9, 2026
Note funds deposit into trust account for business combination deadline extension from March 13 to April 13, 2026
Note bears no interest and matures upon business combination closing or liquidation
Sponsor may convert note principal into units at $10.00 per unit upon business combination
Note issued under Section 4(a)(2) exemption; units subject to transfer restrictions until business combination
Continuing to pursue business combination with MicroTouch Technology Inc. per January 16, 2026 Merger Agreement