FVN · Future Vision II Acquisition Corp.

Future Vision II Acquisition Corp., a special purpose acquisition company, faces a significant compliance challenge with Nasdaq's Listing Rule 5550(a)(3), which mandates a minimum number of public holders for continued listing on the Nasdaq Capital Market. The written notice received on May 5, 2026, from Nasdaq's Listing Qualifications Department highlights this deficiency but explicitly states it does not trigger imminent delisting or disrupt current trading of the Company's securities. This provides a structured path forward: the Company must submit a detailed compliance plan by June 22, 2026—45 calendar days from the notice date. Nasdaq may grant up to 180 additional days for execution if the plan is accepted, or the Company can appeal to a Hearings Panel if rejected. Investors should note the Company's proactive stance in evaluating options, though the filing cautions there is no guarantee of success. For SPACs like FVN, low public float often stems from redemptions post-IPO or merger, heightening delisting risk if unresolved, potentially forcing a move to over-the-counter markets and reducing liquidity and visibility.