Future Vision II Acquisition Corp. Enters into Merger Agreement with Viwo Technology Inc.

Future Vision II Acquisition Corp. (NASDAQ: FVNNU) has recently announced the signing of a definitive merger agreement with Viwo Technology Inc. The agreement, entered into on November 28, 2024, outlines a business combination transaction in which a subsidiary of Future Vision will merge with Viwo, making Viwo a wholly owned subsidiary of Future Vision post-transaction. As part of the transaction, upon closure, Future Vision will rebrand itself as “Viwo Inc.”

Viwo Technology Inc., a Cayman Islands-based entity, focuses on AI, Martech services, and software development. Viwo’s core mission revolves around driving business growth, enhancing corporate value, and assisting clients across various sectors in achieving digital upgrades and transformations. The company aims at continuous technological innovation to industrialize intelligent digital technology.

Valued at $100,000,000.00, the business combination transaction will see Viwo shareholders receive 9,950,250 shares of Future Vision, valued at $10.05 per share, post-closure. The merger agreement includes typical representations, warranties, and covenants. Future Vision’s Board of Directors and Viwo have endorsed the business combination, targeting completion by the end of the second quarter of 2025, subject to regulatory and shareholder approval.

Future Vision expressed enthusiasm about the merger agreement, aiming at benefiting from Viwo’s expertise in intelligent digital technology, including AI, big data, and cloud computing. Viwo’s CEO highlighted the potential of the merger to accelerate growth and innovation in the intelligent digital technology sector.

One of the immediate steps following the agreement was the issuance of a press release jointly by Future Vision and Viwo on November 29, 2024, publicly announcing the merger agreement and transactions outlined in it.

The information disclosed in this press release, including the press release itself, is intended for dissemination purposes and is not to be considered as “filed” material under the Securities Exchange Act. For further details regarding the transaction, the full Merger Agreement, together with relevant exhibits, can be accessed on the SEC website.

Please note that this press release is not an offer to sell or a solicitation to purchase securities. Any sale of these securities will be subject to registration or qualification under relevant securities laws.

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For investor and media inquiries, contact:
Ms. Caihong Chen, CFO of Future Vision
Email: [email protected]

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Future Vision II Acquisition’s 8K filing here.