Future Vision II Acquisition Corp.
For the period ended Mar 31, 2026. Filed May 15, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 15, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2026
OR
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from __________ to __________
(Exact Name of Registrant as Specified in Charter)
| Cayman Islands | 001-42273 | N/A00-0000000 |
|---|---|---|
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
Xiandai Tongxin Building
201 Xin Jinqiao Road, Rm 302
Pudong New District
**Shanghai, China **
(Address of Principal Executive Offices) (Zip Code)
+ (86)136 0300 0540
(Registrant’s Telephone Number, Including Area Code)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Units, each consisting of one ordinary share and one right to acquire 1/10th of one Ordinary Share | FVNNU | The Nasdaq Stock Market LLC |
| Ordinary Shares included as part of the Units | FVN | The Nasdaq Stock Market LLC |
| Rights included as part of the Units | FVNNR | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☒ | Smaller reporting company | ☒ |
| Emerging growth company | ☒ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒ No ☐
As of March 31, 2026, there were 7,544,000 ordinary shares, $0.0001 par value issued and outstanding (excluding the 5,750,000 ordinary shares underlying the FVNNU issued in the IPO.).
Table of Contents
| PART I. FINANCIAL INFORMATION | 1 |
|---|---|
| Item 1. Financial Statements | 1 |
| Condensed Consolidated Balance Sheet as of March 31, 2026 (unaudited) and December 31, 2025 | 1 |
| Condensed Consolidated Statements of Operations and Comprehensive Income for the three months ended March 31, 2026 and 2025 (unaudited) | 2 |
| Condensed Consolidated Statements of Changes in Shareholders’ Equity for the three months ended March 31, 2026 and 2025 (unaudited) | 3 |
| Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 2025 (unaudited) | 4 |
| Notes to Condensed Consolidated Financial Statements (unaudited) | 5 |
| Item 2. Management’s Discussion and Analysis of Financial Statements | 21 |
| Item 3. Quantitative and Qualitative Disclosure about Market Risks | 25 |
| Item 4. Controls and Procedures | 25 |
| PART II. OTHER INFORMATION | 26 |
| Item 1. Legal Proceedings | 26 |
| Item 1A. Risk Factors | 26 |
| Item 2. Unregistered Sales of Equity Securities and Use of Proceeds | 27 |
| Item 3. Defaults Upon Senior Securities | 27 |
| Item 4. Mine Safety Disclosures | 27 |
| Item 5. Other Information | 28 |
| Item 6. Exhibits | 29 |
| Signatures | 30 |
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