FVN
Future Vision II Acquisition Corp.10.54
+0.00+0%
Dec 15, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
79.51MP/E (TTM)
-Basic EPS (TTM)
-Dividend Yield
0%Recent Filings
10-Q
Q3 FY2025 results
Future Vision II Acquisition Corp. posted a solid Q3 net income of $557,209 for the quarter ended September 30, 2025, up from $141,906 a year earlier, thanks to $618,724 in interest from its Trust Account investments—yet non-redeemable shares took a $0.16 per share hit from accretion charges. Year-to-date through nine months, net income reached $1,563,409 on $1,845,521 of Trust earnings, with redeemable shares earning $0.46 each while non-redeemable ones lost $0.61, fully reconciled to 5,750,000 and 1,794,000 weighted shares. Cash outside the Trust dipped to $1.1M amid $208K in operating outflows, but the $60.5M Trust provides ample liquidity with no debt. In November 2024, the company inked a merger with VIWO Technology Inc., swapping $100M in shares for 54.89% ownership, amended in December with a lock-up on proceeds. No non-GAAP metrics disclosed in the 10-Q. Still, regulatory hurdles could snag the deal.
10-Q
Q2 FY2025 results
Future Vision II Acquisition Corp. posted a net income of $551,900 for Q2 ended June 30, 2025, up sharply from a $2,637 loss a year earlier, thanks to $622,737 in interest and Trust Account income that outpaced $70,837 in operating costs. For the first half, net income hit $1,006,200 versus a $4,728 loss last year, with Trust assets swelling to $59.8M from $58.6M at year-end. Cash outside the Trust dipped to $1.1M, yet working capital held at $1.0M to fuel the hunt for a deal. In November 2024, the company inked a merger with VIWO Technology Inc., swapping $100M in shares for 54.89% ownership, though closing hinges on approvals. Redeemable shares accreted $4.4M YTD, confirming EPS at $0.32. Solid Trust growth buoys the wait. But merger snags could derail the timeline.
10-Q
Q1 FY2025 results
Future Vision II Acquisition Corp. posted a net income of $454,300 for Q1 FY2025 ended March 31, 2025, driven by $621,200 in interest and Trust Account income that outpaced $166,900 in formation and operating costs—up sharply from a $2,091 loss in the prior-year stub period (derived). The Trust Account swelled to $59.2M, bolstered by $612,361 in earnings, while cash dipped to $1.1M amid routine expenses. No debt weighs on the balance sheet; liquidity rests on $1.1M cash and potential sponsor loans. In November 2024, the company inked a merger with VIWO Technology Inc., issuing 9,950,250 ordinary shares as all-stock consideration, with a December lock-up amendment for recipients. Solid Trust yields keep things afloat. Yet mandatory liquidation looms if no deal closes by March 2026.
10-K
FY2024 results
Future Vision II Acquisition Corp., a blank check company, reported no operating revenues for FY2024 ended December 31, 2024, with net income of $640,343 driven by $818,197 in interest from the $57.5 million trust account balance, offset by $190,611 in formation and IPO costs. The IPO closed September 13, 2024, raising $57.5 million at $10 per unit, including a full over-allotment exercise, while a simultaneous $3 million private placement with the sponsor bolstered liquidity. Q4 saw no material shifts, as activities focused on pursuing a merger with Viwo Technology Inc., announced November 28, 2024, valuing it at $100 million in an all-stock deal targeting completion by November 2025. With $1.3 million in cash outside the trust and no debt, liquidity supports ongoing due diligence, but the 18-month combination deadline looms. Chinese regulatory hurdles could derail quarterly momentum.
8-K
Merger lock-up amendment announced
Future Vision II Acquisition Corp. amended its merger agreement with Viwo Technology Inc. on December 10, 2024, mandating lock-up agreements for Viwo shareholders' consideration shares. The lock-up ties releases to audited gross revenue growth: 20% in year one and 30% in year two for a two-year period, or 126.2% cumulative in three years at 28.46% compounded rate; otherwise, shareholders forfeit 10% of shares after three years. This aligns interests with long-term growth. Yet risks like failure to hit milestones loom large.
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