Future Vision II Acquisition Corp. issued a $191,475 unsecured promissory note to its sponsor to fund a one-month extension of its business combination deadline from April 13 to May 13, 2026.
Key takeaways
Issued $191,475 unsecured promissory note to sponsor HWei Super Speed Co. Ltd. on April 8, 2026.
Note funds deposit into trust account for business combination deadline extension to May 13, 2026.
Note is interest-free, matures at business combination closing, or forgiven if no combination occurs.
Sponsor can convert note principal into units at $10.00 per unit upon business combination.
Issuance exempt under Section 4(a)(2) of Securities Act of 1933.
Continuing pursuit of business combination with MicroTouch Technology Inc.