Future Vision II Acquisition Corp.
General Information | |
Business: | We intend to focus our search on prospective targets in the technology, media, and telecommunications (“TMT”) industries with operations or prospective operations in the Greater China region. (Incorporated in the Cayman Islands) Specifically, we intend to target companies with advanced and highly differentiated solutions for the TMT industry such as intelligent chips, 5G, integrated circuitry and other emerging technologies. Note: Our management team and the members of our board of directors reside in China. Our management team is led by Xiaodong Wang, CEO and chairman, and Caihong Chen, CFO and director:*Xiaodong Wang, Chief Executive Officer and Chairman of the Board of Directors – Mr. Wang resides in Beijing, China, and brings more than 25 years of experience to the company. Mr. Wang is the general manager at Beijing Shangshanyihe Investment Management Co., Ltd., a role he has held since October 2015.*Caihong Chen, CFO and Director – Ms. Chen, an investment and banking professional who brings nearly 25 years of financial experience to the company, resides in China. She is the general manager at Increase Family Office, a role she has held since August 2016. Ms. Chen served as a vice president of operations in the Marketing Department of CITIC Trust Co., Ltd. from 2012 to 2016(Note: Future Vision II Acquisition Corp. priced its small SPAC IPO in sync with the terms in its prospectus – 5.0 million units at $10.00 – to raise $50.0 million on Wednesday night, Sept. 11, 2024. At pricing, Future Vision II Acquisition became the third SPAC IPO priced in September 2024 and the 29th SPAC IPO priced so far this year.)(Note: Future Vision II Acquisition Corp. changed its sole book-runner to Kingswood Capital Partners, replacing EF Hutton, according to an F-1/A filing dated July 31, 2024.)(Note: Future Vision II Acquisition Corp. filed its F-1 on June 20, 2024, and disclosed the terms for its SPAC IPO: 5.0 million units at $10.00 each to raise $50.0 million. Each unit consists of one ordinary share and one right entitling the holder to receive one-tenth (1/10) of one ordinary share upon consummation of our initial business combination.) (Note: Our Sponsor, HWei Super Speed Co. Ltd., a newly formed company incorporated in the British Virgin Islands, has agreed to purchase an aggregate of 237,750 placement units (or 249,000 placement units if the over-allotment option is exercised in full) at a price of $10.00 per unit, for an aggregate purchase price of $2,377,500 ($2,490,000 if the over-allotment option is exercised in full). Each placement unit will be identical to the units sold in this offering, except as described in this prospectus. The placement units will be sold in a private placement that will close simultaneously with the closing of this offering.)
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Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2024 |
Contact Information | |
Address | Xiandai Tongxin Building 201 Xin Jinqiao Road, Rm 302 Pudong New District Shanghai, China |
Phone Number | +86 136 0300 0540 |
Web Address | |
View Prospectus: | Future Vision II Acquisition Corp. |
Financial Information | |
Market Cap | $65.38mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | FVNNU |
Exchange | NASDAQ |
Shares (millions): | 5.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $50.0 mil |
Manager / Joint Managers | Kingswood Capital Partners |
CO-Managers | |
Expected To Trade: | 9/12/2024 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |