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8-K//Current report

Future Vision II Acquisition Corp. 8-K

Accession 0001829126-26-000388

$FVNCIK 0002010653operating

Filed

Jan 19, 7:00 PM ET

Accepted

Jan 20, 7:00 AM ET

Size

913.9 KB

Accession

0001829126-26-000388

Research Summary

AI-generated summary of this filing

Updated

Future Vision II Acquisition Corp. Announces Merger with MicroTouch for $90M

What Happened

  • Future Vision II Acquisition Corp. announced on January 16, 2026 that it entered into a Merger Agreement with MicroTouch Technology INC and its wholly owned Merger Sub. Under the deal, Merger Sub will merge into MicroTouch, with MicroTouch surviving as a wholly owned subsidiary of the Company. The company expects to change its name to “MicroTouch Inc.” (subject to Cayman Islands approval).
  • The transaction is structured as a tax-free reorganization under Section 368(a) of the Internal Revenue Code and includes a Transaction Support Agreement in which MicroTouch shareholders agreed to vote in favor of and deliver written consents for the merger.

Key Details

  • Agreed enterprise value for MicroTouch: $90,000,000 (100% of fully diluted equity).
  • Consideration: MicroTouch shareholders will receive shares of the Company calculated by dividing the agreed enterprise value by the SPAC per-share redemption price (capped at $10.05 per share).
  • Closing conditions include shareholder approvals, effectiveness of a Proxy/Registration Statement on Form S-4, absence of prohibitive legal orders, satisfaction (or waiver) of customary pre-closing covenants and representations, delivery of closing certificates, and the purchaser having at least $5,000,001 of net tangible assets immediately after closing.
  • Certain MicroTouch shareholders are expected to enter post-closing lock-up agreements and non-compete agreements. The Merger Agreement may be terminated in customary circumstances; the deal follows termination of a prior merger agreement with VIWO Technology Inc.

Why It Matters

  • This is a transformational merger for the SPAC: it names a target (MicroTouch) with a defined enterprise value ($90M) and lays out how MicroTouch equity will convert into public company stock.
  • Key near-term items for investors include shareholder votes, the filing and effectiveness of the Form S-4 (proxy/registration statement), and the net tangible assets requirement (the SPAC must have at least $5,000,001 post-closing). These steps will determine whether and when the merger closes and the combined company lists under the new name.
  • The filing contains forward-looking statements about timing and benefits; investors should review the upcoming S-4 and related disclosures for risks and more detailed financial information.