Future Vision II Acquisition Corp
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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FY2024 · Filed Mar 5, 2025
FVN$14.04+17.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheet as of December 31, 2024
BALANCE SHEET
| ASSETS | |
|---|---|
| Current assets | |
| Cash | $1,332,505 |
| Prepaid expenses | 4,980 |
| Total current assets | 1,337,485 |
| Non-current assets | |
| Marketable securities held in Trust Account | 58,605,697 |
| Total non-current assets | 58,605,697 |
| TOTAL ASSETS | $59,943,182 |
| Liabilities, Ordinary Shares Subject to Possible Redemption and Shareholders’ Equity | |
| Current liabilities | |
| Accounts payable and accrued expenses | $75,000 |
| Due to related parties | 36,333 |
| Total current liabilities | 111,333 |
| Total Liabilities | 111,333 |
| Commitments and contingencies (Note 7) | - |
| Ordinary shares subject to possible redemption, 5,750,000 shares | 52,137,642 |
| Shareholders’ Equity: | |
| Ordinary shares, $0.0001 par value, 500,000,000 shares authorized, 1,794,000 shares issued and outstanding (excluding 5,750,000 shares subject to redemption) | 179 |
| Additional paid-in capital | 7,694,028 |
| Retained earnings | - |
| Total Shareholders’ Equity | 7,694,207 |
| TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ EQUITY | $59,943,182 |
STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
| Formation and operating costs | $154,278 |
|---|---|
| Administrative fee | 36,333 |
| Total operating expenses | 190,611 |
| Loss from Operations | (190,611) |
| Other income: | |
| Interest income | 12,757 |
| Income earned on marketable securities held in Trust Account | 818,197 |
| Total other income | 830,954 |
| Income before income taxes | 640,343 |
| Income taxes provision | - |
| Net income | $640,343 |
| Other comprehensive income | - |
| Comprehensive income | $640,343 |
| Basic and diluted weighted average ordinary shares outstanding, redeemable ordinary shares | 1,865,327 |
| Basic and diluted net income per ordinary share, redeemable ordinary shares | $0.50 |
| Basic and diluted weighted average ordinary shares outstanding, non-redeemable ordinary shares | 1,426,476 |
| Basic and diluted net loss per ordinary share, non-redeemable ordinary shares | $(0.21) |
STATEMENT OF CHANGES STOCKHOLDER’S EQUITY
| Ordinary Shares · AdditionalPaid-in · Retained · TotalShareholder’s | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount · Capital · earnings · Equity | ||||||
| Balance as of January 30, 2024 (inception) · - · $ · - · $ · - · $ · - · $ · - | ||||||
| Founder shares issued to Sponsor | 1,437,500 | 144 | 24,856 | - | 25,000 | |
| Proceeds allocated to Public Rights | - | - | 5,010,612 | - | 5,010,612 | |
| Sale of private placement shares | 299,000 | 30 | 2,989,970 | - | 2,990,000 | |
| Issuance of representative shares | 57,500 | 5 | 522,014 | - | 522,019 | |
| Underwriters’ discount | - | - | (120,649) | - | (120,649) | |
| Other offering expenses | - | - | (40,171) | - | (40,171) | |
| Accretion of ordinary share subject to redemption value | - | - | (692,604) | (640,343) | (1,332,947) | |
| Net income | - | - | - | 640,343 | 640,343 | |
| Balance as of December 31, 2024 | 1,794,000 | $179 | $7,694,028 | $ | - | $7,694,207 |
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