- CEO
- Danhua Xu
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Xiandai Tongxin Building, 201 Xin Jinqiao Road, Rm 302 Shanghai Cayman Islands
- IPO Date
- Nov 4, 2024
- Business
- Future Vision II Acquisition Corp. (NASDAQ:FVN) is a blank check company focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It targets companies in the technology, media, and telecommunications (TMT) sector, particularly those with operations in the Greater China region offering advanced solutions such as intelligent chips, 5G, integrated circuitry, and other emerging technologies; it conducts no significant current operations and generates no revenue beyond interest on trust account holdings. Incorporated in 2024 and headquartered in Shanghai, China, the company completed its initial public offering of 5 million units at $10.00 per unit on September 12, 2024, raising approximately $57.5 million in proceeds held in trust at over 100% of IPO cash. In its most recent major development, Future Vision II announced a definitive merger agreement with Viwo Technology Inc., a Cayman Islands company providing AI, Martech (marketing technology) services, big data solutions, cloud computing, and software development for digital transformation across industries, on November 28, 2024; the deal values Viwo at $100 million with shares at $10.05, contemplates renaming the combined entity Viwo Inc. with Viwo as a wholly owned subsidiary, and includes subsequent amendments such as strategic lock-up provisions tied to revenue targets, with closing targeted by end of Q2 2025 subject to shareholder and regulatory approvals. The company operates primarily in Asia with two employees and leadership including CEO Danhua Xu or Xiaodong Wang, CFO Caihong Chen, and independent directors.