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
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.
Documents
- 8-Kfuturevision2_8k.htmPrimary
8-K
- EX-2.1futurevision2_ex2-1.htm
EXHIBIT 2.1
- EX-10.1futurevision2_ex10-1.htm
EXHIBIT 10.1
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Issuer
Future Vision II Acquisition Corp.
CIK 0002010653
Entity typeoperating
IncorporatedCayman Islands
Related Parties
1- filerCIK 0002010653
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 7:00 AM ET
- Size
- 913.9 KB