What changed in this filing

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Item 1. Financial Statements

2026-05-15 compared with 2025-10-31 · 450 added, 257 removed, 262 unchanged (73% of the section changed)

3 unchanged sentences

Currency expressed in United States dollars (“US$”)

September 30,

Current assets

Prepaid expenses

Deferred offering costs

Total current assets

Non-current assets

Marketable securities held in Trust Account

Total non-current assets

Total current assets

Liabilities, Ordinary Shares Subject to Possible Redemption and Shareholders’ Equity

Current liabilities

Accounts payable and accrued expenses

Due to related parties

to a related party

note - a related party

Total current liabilities

1 unchanged sentence

Commitments and contingencies (Note 7)

Ordinary shares subject to possible redemption, 5,750,000 shares at September 30, 2025 and December 31, 2024

Ordinary shares subject to possible

redemption, 5,750,000 shares at March 31, 2026 and December 31, 2025

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) at September 30, 2025 and December 31, 2024

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) at March 31, 2026 and December 31, 2025

Additional paid-in capital

7 unchanged sentences

Three Months Ended

Nine Months Ended

January 30, 2024

(Inception) Through

September 30,

Formation and operating costs

18 unchanged sentences

Currency expressed in United States dollars (“US$”), except for number of shares

For the Three and Nine Months Ended September 30, 2025

For the Three Months Ended March 31, 2026

Ordinary Shares

3 unchanged sentences

Balance as of March 31, 2026 (Unaudited)

Accretion of ordinary share subject to redemption value

Balance as of June 30, 2025 (Unaudited)

Accretion of ordinary share subject to redemption value

Balance as of September 30, 2025 (Unaudited)

For the Period From January 30, 2024 (Inception) Through September 30, 2024 and

for the Three Months Ended September 30, 2024

For the Three Months Ended March 31, 2025

Ordinary Shares

Shareholder’s

Balance as of January 30, 2024 (inception)

Founder shares issued to Sponsor

Balance as of March 31, 2024 (Unaudited)

Balance as of June 30, 2024 (Unaudited)

Proceeds allocated to Public Rights

Sale of private placement shares

Issuance of representative shares

Underwriters discount

Other offering expenses

Shareholders’

Balance as of January 1, 2025

Accretion of ordinary share subject to redemption value

Balance as of September 30, 2024 (Unaudited)

Balance as of March 31, 2025 (Unaudited)

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

2 unchanged sentences

Currency expressed in United States dollars (“US$”)

Nine Months Ended

September 30,

January 30, 2024

(Inception) Through

September 30,

Three Months Ended

Cash Flows from Operating Activities:

3 unchanged sentences

Prepaid expenses

Due to related parties

Net Cash Used in Operating Activities

Due to a related party

Cash Used in Operating Activities

Cash Flows from Investing Activities:

Purchase of marketable securities held in Trust Account

Net Cash Used in Investing Activities

Investment of cash in Trust Account - extension deposits

Cash Used in Investing Activities

Cash Flows from Financing Activities:

Proceeds from issuance of ordinary shares to Sponsor

Proceeds from issuance of promissory note to related party

Repayment of promissory note to related party

Proceeds from sale of public units through public offerings, net of underwriters’ discount

Proceeds from ordinary shares issued in private placement

Payment of offering costs

Net Cash Provided by (Used in) Financing Activities

Proceeds from issuance of promissory note to a related party

Cash Provided by Financing Activities

Net Change in Cash

2 unchanged sentences

Supplemental Disclosure of Non-cash Investing and Financing Activities:

Offering costs included in accrued offering costs

Representative shares issued and charged to offering costs

Accretion of ordinary shares subject to redemption value

2 unchanged sentences

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

March 31, 2026

Note 1 — Organization and Business Operation

Future Vision II Acquisition Corp.

(the “Company”) is a newly organized blank check company incorporated as a Cayman Islands exempted company on January 30, 2024.

The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”).

As of September 30, 2025, the Company had not commenced any operations.

All activities through September 30, 2025 have been limited to the Company’s organizational activities as well as activities related to the Initial Public Offering (as defined below).

The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest.

The Company will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering and Private Placement (as defined below).

The Company has selected December 31 as its fiscal year end.

(the “Company”)

is a blank check company incorporated as a Cayman Islands exempted company on January 30, 2024.

The Company was formed for the purpose

of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more

businesses (the “Business Combination”).

On November 12, 2024, the Company formed

a wholly-owned subsidiary, Future Vision II Acquisition Merger Subsidiary Corp., which is an exempted company incorporated under the laws

of the Cayman Islands, for the purpose of consummating a Business Combination.

As of March 31, 2026, the Company had not commenced

any operations.

All activities through March 31, 2026 have been limited to the Company’s organizational activities as well as activities

related to the Initial Public Offering (as defined below).

The Company will not generate any operating revenues until after the completion

of a Business Combination, at the earliest.

The Company will generate non-operating income in the form of interest income from the proceeds

derived from the Initial Public Offering and Private Placement (as defined below).

The Company has selected December 31 as its fiscal

The Company’s founder and sponsor is HWei Super Speed Co.

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There is no assurance that the Company will be able to complete a Business Combination successfully.

Following the closing of the IPO on September 13, 2024, an amount of $ 57,500,000 ($ 10.00 per Unit) from the net proceeds of the sale of the Units in the IPO and a portion of the proceeds from the sale of the Placement Units was placed in a trust account (“Trust Account”) and invested in U.S.

government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940, with a maturity of 180 days or less, or in money market funds meeting certain conditions of Rule 2a-7 of the Investment Company Act of 1940 which invest only in direct U.S.

government treasury obligations, as determined by the Company.

The proceeds from this offering held in the trust account will not be released from the trust account (1) to the Company, until the completion of the initial Business Combination, or (2) to public shareholders, until the earliest of:

(a) the completion of the initial Business Combination, (b) the redemption of any ordinary shares sold as part of the units in this offering (the “public shares”) properly submitted in connection with a shareholder vote to amend the Company’s second amended and restated memorandum and articles of association (A) to modify the substance or timing of the Company’s obligation to provide holders of the Company’s ordinary shares the right to have their shares redeemed in connection with the Company’s initial Business Combination or to redeem 100% of the Company’s public shares if the Company does not complete the initial Business Combination March 13, 2026 or up to September 13, 2026 (an “Extension Period”) or (B) with respect to any other provision relating to the rights of holders of the Company’s ordinary shares, and (c) the redemption of the Company’s public shares if it has not consummated the Business Combination within 18 months from the closing of this offering or during any Extension Period, subject to applicable law.

Public shareholders who redeem their ordinary shares in connection with a shareholder vote described in clause (b) in the preceding sentence shall not be entitled to funds from the trust account upon the subsequent completion of an initial Business Combination or liquidation if the Company has not consummated an initial Business Combination within 18 months from the closing of this offering, with respect to such ordinary shares so redeemed.

The proceeds deposited in the trust account could become subject to the claims of the Company’s creditors, if any, which could have priority over the claims of the Company’s public shareholders.

Following the closing of the IPO on

September 13, 2024, an amount of $ 57,500,000 ($ 10.00 per

Unit) from the net proceeds of the sale of the Units in the IPO and a portion of the proceeds from the sale of the Placement Units

was placed in a trust account (“Trust Account”) and invested in U.S.

government securities, within the meaning set forth

in Section 2(a)(16) of the Investment Company Act of 1940, with a maturity of 180 days or less, or in money market funds

meeting certain conditions of Rule 2a-7 of the Investment Company Act of 1940 which invest only in direct U.S.

treasury obligations, as determined by the Company.

The proceeds from this offering held in the trust account will not be released

from the trust account (1) to the Company, until the completion of the initial Business Combination, or (2) to public shareholders,

until the earliest of:

(a) the completion of the initial Business Combination, (b) the redemption of any ordinary shares sold as

part of the units in this offering (the “public shares”) properly submitted in connection with a shareholder vote to

amend the Company’s second amended and restated memorandum and articles of association (A) to modify the substance or timing

of the Company’s obligation to provide holders of the Company’s ordinary shares the right to have their shares redeemed

in connection with the Company’s initial Business Combination or to redeem 100% of the Company’s public shares if the

Company does not complete the initial Business Combination March 13, 2026 (as extended to April 13, 2026 pursuant to the First

Extension defined below) or up to September 13, 2026 (an “Extension Period”) or (B) with respect to any other

provision relating to the rights of holders of the Company’s ordinary shares, and (c) the redemption of the Company’s

public shares if it has not consummated the Business Combination within 18 months from the closing of this offering or during any

Extension Period, subject to applicable law.

Public shareholders who redeem their ordinary shares in connection with a shareholder

vote described in clause (b) in the preceding sentence shall not be entitled to funds from the trust account upon the subsequent

completion of an initial Business Combination or liquidation if the Company has not consummated an initial Business Combination

within 18 months from the closing of this offering, with respect to such ordinary shares so redeemed.

The proceeds deposited in the

trust account could become subject to the claims of the Company’s creditors, if any, which could have priority over the claims

of the Company’s public shareholders.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

March 31, 2026

The shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially $10.05 per share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations).

9 unchanged sentences

(d) the Company’s initial shareholder has entered into an agreement with the Company, pursuant to which they have agreed to (i) waive their redemption rights with respect to their Founder shares in connection with the completion of the Company’s initial Business Combination, (ii) waive their redemption rights with respect to their Founder shares and public shares in connection with a stockholder vote to approve an amendment to the Company’s second amended and restated memorandum and articles of association to (A) modify the substance or timing of the Company’s obligation to provide for the redemption of the Company’s public shares in connection with an initial Business Combination or to redeem 100% of the Company’s public shares if the Company has not consummated an initial Business Combination within 18 months from the closing of this offering or during any Extension Period, and (B) with respect to any other provisions relating to shareholders’ rights, and (iii) waive their rights to liquidating distributions from the Trust Account with respect to their Founder shares if w the Company fails to complete its initial Business Combination within 18 months from the closing of this offering or during any Extension Period, (although they will be entitled to liquidating distributions from the Trust Account with respect to any public shares they hold if the Company fails to complete its initial Business Combination within the prescribed time frame), and I are entitled to registration rights.

(d) the Company’s initial shareholder has entered into an agreement with the Company, pursuant to which they have agreed to (i) waive their redemption rights with respect to their Founder shares in connection with the completion of the Company’s initial Business Combination, (ii) waive their redemption rights with respect to their Founder shares and public shares in connection with a stockholder vote to approve an amendment to the Company’s second amended and restated memorandum and articles of association to (A) modify the substance or timing of the Company’s obligation to provide for the redemption of the Company’s public shares in connection with an initial Business Combination or to redeem 100% of the Company’s public shares if the Company has not consummated an initial Business Combination within 18 months from the closing of this offering or during any Extension Period, and (B) with respect to any other provisions relating to shareholders’ rights, and (iii) waive their rights to liquidating distributions from the Trust Account with respect to their Founder shares if the Company fails to complete its initial Business Combination within 18 months from the closing of this offering or during any Extension Period, (although they will be entitled to liquidating distributions from the Trust Account with respect to any public shares they hold if the Company fails to complete its initial Business Combination within the prescribed time frame), and are entitled to registration rights.

If the Company submits its initial Business Combination to its public shareholders for a vote, its founder has agreed (and its permitted transferees will agree) to vote their Founder shares, private placement shares and any public shares purchased during or after this offering in favor of its initial Business Combination.

2 unchanged sentences

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

The Company will have until 18 months from the closing of the IPO (or up to 24 months from the closing of this offering if the Company extends the period of time to consummate a Business Combination by up to six additional months through six one-month extensions of time, as further provided in the Company’s amended and restated memorandum and articles of association) to consummate a Business Combination (the “Combination Period”).

If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account including interest earned on the funds held in the trust account and not previously released to the Company to pay its franchise and income taxes as well as expenses relating to the administration of the trust account (less up to $ 50,000 of interest released to the Company to pay taxes and potentially, dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and the Company’s board of directors, dissolve and liquidate, subject in each case to our obligations under the Companies Act to provide for claims of creditors and the requirements of other applicable law.

March 31, 2026

The Company will have until 18 months from the

closing of the IPO (or up to 24 months from the closing of this offering if the Company extends the period of time to consummate a

Business Combination by up to six additional months through six one-month extensions of time, as further provided in the

Company’s amended and restated memorandum and articles of association) to consummate a Business Combination (the

“Combination Period”).

On March 4, 2026, the Company effected the first of such six possible one-month extensions (the

“First Extension”), extending the deadline to consummate a Business Combination from March 13, 2026 to April 13, 2026.

In connection with the First Extension, the Sponsor deposited $ 191,475 into the Trust Account as the Extension Fee, and the Company

issued an unsecured, non-interest bearing promissory note to the Sponsor in the same principal amount (see Note 4).

If the Company

is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the

purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public

shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account including interest

earned on the funds held in the trust account and not previously released to the Company to pay its franchise and income taxes as

well as expenses relating to the administration of the trust account (less up to $ 50,000 of

interest released to the Company to pay taxes and potentially, dissolution expenses), divided by the number of then outstanding

public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to

receive further liquidating distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible

following such redemption, subject to the approval of our remaining shareholders and the Company’s board of directors,

dissolve and liquidate, subject in each case to our obligations under the Companies Act to provide for claims of creditors and the

requirements of other applicable law.

The underwriter has agreed to waive its rights to the deferred underwriting commission held in the Trust Account in the event the Company does not complete a Business Combination within the Combination Period and, in such event, such amounts will be included with the funds held in the Trust Account that will be available to fund the redemption of the Public Shares.

3 unchanged sentences

Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, then the Company’s Sponsor will not be responsible to the extent of any liability for such third party claims.

On November 28, 2024, the Company, VIWO Technology Inc., a Cayman Islands exempted company (“VIWO”) and Future Vision II Acquisition Merger Subsidiary Corp., a Cayman Islands exempted company and wholly-owned subsidiary of the Company incorporated for the purpose of consummating a Business Combination (the “Merger Sub”), have agreed to a Business Combination under the terms of a Merger Agreement, pursuant to which the Merger Sub will merge with and into VIWO, with VIWO surviving the merger.

As a result, VIWO will be a wholly-owned subsidiary of Future Vision.

The former securityholders of VIWO will receive 9,950,250 VIWO ordinary shares valued at $ 100 million equal to approximately 54.89% of the ordinary shares issued and outstanding of VIWO as consideration upon the consummation of the Business Combination (“Consideration Shares”).The Merger Agreement contains customary representations, warranties and covenants of the parties thereto.

The consummation of the proposed Merger is subject to certain conditions as further described in the Merger Agreement.

The Company filed a Form 8-K with the SEC on November 29, 2024 to announce the Merger Agreement.

On December 10, 2024, the parties entered into Amendment No.

1 to the Merger Agreement requiring the Company to cause VIWO shareholders to enter into a lock up agreement with respect to the Consideration Shares to be received by the VIWO shareholders after the consummation of the Business Combination.

The Company filed a Form 8-K with the SEC on December 11, 2024 to announce Amendment No.

1 to the Merger Agreement.

On November 28, 2024, the Company, VIWO

Technology Inc., a Cayman Islands exempted company (“VIWO”) and the Merger Sub, have agreed to a Business Combination

under the terms of a Merger Agreement (the “VIWO Merger Agreement”), pursuant to which the Merger Sub will merge with

and into VIWO, with VIWO surviving the merger (the “VIWO Merger”).

As a result, VIWO will be a wholly-owned subsidiary

of Future Vision.

The former security holders of VIWO will receive 9,950,250

VIWO ordinary shares valued at $ 100

million equal to approximately 54.89% of the ordinary shares issued and outstanding of VIWO as consideration upon the consummation

of the Business Combination (“Consideration Shares”).The VIWO Merger Agreement contains customary representations,

warranties and covenants of the parties thereto.

The consummation of the proposed VIWO Merger is subject to certain conditions as

further described in the VIWO Merger Agreement.

The Company filed a Form 8-K with the SEC on November

29, 2024 to announce the VIWO Merger Agreement.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

March 31, 2026

On December 10, 2024, the parties entered into

Amendment No.

1 to the VIWO Merger Agreement requiring the Company to cause VIWO shareholders to enter into a lock up agreement with respect

to the Consideration Shares to be received by the VIWO shareholders after the consummation of the Business Combination.

The Company filed a Form 8-K with the SEC on

December 11, 2024 to announce Amendment No.

1 to the VIWO Merger Agreement.

On December 29, 2025, VIWO delivered a written

notice to the Company and the Merger Sub, terminating that certain VIWO Merger Agreement, dated as of November 28, 2024 (as amended by

Amendment No.

1 dated December 10, 2024), by and among VIWO, the Company and the Merger Sub.

The termination was effected pursuant to

Section 11.1(b) of the VIWO Merger Agreement, on the grounds that the merger had not been consummated on or prior to November 28, 2025

(the “ Outside Closing Date ” ).

Upon termination,

the VIWO Merger Agreement became void and of no further effect, without any liability or obligation on the part of any party thereto.

The Company filed a Form 8-K with the SEC on December 29,

2025 to announce termination of the VIWO Merger Agreement.

On January 16, 2026, the Company, the Merger Sub

and MicroTouch Technology INC (“MicroTouch”), entered into a Merger Agreement (the “MicroTouch Merger Agreement”).

Pursuant to the MicroTouch Merger Agreement, Merger Sub will merge with and into MicroTouch, with MicroTouch surviving the merger as a

wholly owned subsidiary of the Company (the “MicroTouch Merger”).

Upon effectiveness of the MicroTouch Merger, the Company

will change its name to “MicroTouch Inc.” or another name determined by MicroTouch, subject to approval by the Registrar of

Companies in the Cayman Islands.

The Company filed a Form 8-K with the SEC on January

20, 2026 to announce the MicroTouch Merger Agreement.

Going Concern Consideration

As of September 30, 2025, the Company had $ 1,108,123 of cash in its operating bank account, and working capital of $ 944,040 .

The Company has incurred and expects to continue to incur significant costs in pursuit of its financing and acquisition plans.

The Company currently has no commitments to receive such financing and there is no assurance that the Company’s plans to raise capital will be successful.

In addition, the Company initially has until March 13,2026 to consummate the initial Business Combination (assume no extensions).

If the Company does not complete a Business Combination within the Combination Period, the Company will trigger an automatic winding up, dissolution and liquidation pursuant to the terms of the amended and restated memorandum and articles of association.

Notwithstanding management’s belief that the Company would have sufficient funds to execute its business strategy, there is a possibility that Business Combination might not be completed within the 12-month period from the issuance date of these financial statements.

In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standards Board’s Accounting Standards “Codification Subtopic 205-40, Presentation of Financial Statements - Going Concern”, management has determined that the need to receive additional financing raises substantial doubt about the Company’s ability to continue as a going concern until the earlier of the consummation of the Business Combination or the date the Company is required to liquidate.

The financial statements do not include any adjustments that might result from the Company’s inability to continue as a going concern.

Note 2 — Significant Accounting Policies

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S.

GAAP”) and pursuant to the rules and regulations of the SEC.

Certain information or footnote disclosures normally included in the financial statements prepared in accordance with U.S.

GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting.

Accordingly, they do not include all of the information and disclosures necessary for a complete presentation of financial position, results of operations or cash flows.

In the opinion of management, the accompanying unaudited condensed consolidated financial statements include all adjustments which are considered necessary for a fair presentation of the financial position, results of operations and cash flows for the periods presented.

The results of operations for the nine months ended September 30, 2025 are not necessarily indicative of the operating results for the full year ending December 31, 2025 or any other future period.

The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the period from January 30, 2024 (inception) through December 31, 2024 as filed with the SEC on March 5, 2025.

Principles of Consolidation

The unaudited condensed consolidated financial statements include the financial statements of the Company and its wholly-owned subsidiary, Future Vision II Acquisition Merger Subsidiary Corp, a Cayman Islands exempted company which was formed in November 12, 2024 for the purpose of consummating a Business Combination.

All transactions and balances among the Company and its subsidiaries have been eliminated upon consolidation.

As of March 31, 2026, the Company had $ 873,737

of cash in its operating bank account, and working capital of $ 558,479 .

In connection with the Company ’ s

assessment of going concern considerations in accordance with Accounting Standards Codification (“ASC”) 205-40 “Going

Concern,” and through the consummation of the IPO on September 13, 2024, the Company has sufficient funds for the working capital

needs of the Company until a minimum of one year from the date of issuance of these financial statements.

However, the Company has until

September 13, 2026 to consummate the Initial Business Combination.

If a business combination is not consummated by this date, there will

be a mandatory liquidation and subsequent dissolution of the Company.

Management has determined that the need to satisfy this mandatory

liquidation, should a business combination not occur, and the potential subsequent dissolution, raises substantial doubt about the Company ’ s

ability to continue as a going concern.

The Company intends to complete the Initial Business

Combination before the mandatory liquidation date.

However, there can be no assurance that the Company will be able to consummate any

business combination by September 13, 2026.

No adjustments have been made to the carrying amounts and classification of assets or liabilities

should the Company be required to liquidate after such date.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

March 31, 2026

2 — Significant Accounting Policies

of Presentation

The accompanying unaudited condensed consolidated

financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S.

GAAP”) and pursuant to the rules and regulations of the SEC.

Certain information or footnote disclosures normally included in the

financial statements prepared in accordance with U.S.

GAAP have been condensed or omitted, pursuant to the rules and regulations of the

SEC for interim financial reporting.

Accordingly, they do not include all of the information and disclosures necessary for a complete

presentation of financial position, results of operations or cash flows.

In the opinion of management, the accompanying unaudited condensed

consolidated financial statements include all adjustments which are considered necessary for a fair presentation of the financial position,

results of operations and cash flows for the periods presented.

The results of operations for the three months ended March 31, 2026 are

not necessarily indicative of the operating results for the full year ending December 31, 2026 or any other future period.

The accompanying unaudited condensed consolidated

financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s Annual

Report on Form 10-K for the year ended December 31, 2025 as filed with the SEC on March 6, 2026.

Principles of Consolidation

The unaudited condensed consolidated financial

statements include the financial statements of the Company and its wholly-owned subsidiary, Future Vision II Acquisition Merger Subsidiary

Corp, a Cayman Islands exempted company which was formed in November 12, 2024 for the purpose of consummating a Business Combination.

All transactions and balances among the Company and its subsidiary have been eliminated upon consolidation.

Emerging Growth Company Status

4 unchanged sentences

This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2026

Use of Estimates

The preparation of condensed consolidated financial statements in conformity with U.S.

GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of income and expenses during the reporting period.

Making estimates requires management to exercise significant judgment.

It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the condensed consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events.

The preparation of the condensed consolidated

financial statements in conformity with U.S.

GAAP requires management to make estimates and assumptions that affect the reported amounts

of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements

and the reported amounts of incomes and expenses during the reporting period.

Making estimates requires management to exercise

significant judgment.

It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances

that existed at the date of the condensed consolidated financial statements, which management considered in formulating its estimate,

could change in the near term due to one or more future confirming events.

Actual results could differ from these estimates.

Significant estimates made by management in the condensed consolidated financial statements include, but are not limited to, the fair value of public rights and the redemption value of redeemable shares.

estimates made by management on the condensed consolidated financial statements include, but are not limited to, the fair value of public

rights and the redemption value of redeemable shares.

Cash includes demand deposits with banks that the company may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty.

Marketable Securities Held in Trust Account

As of September 30, 2025 and December 31, 2024, all of the assets held in the Trust Account were held in U.S.

As of March 31, 2026 and December 31,

2025, all of the assets held in the Trust Account were held in U.S.

Treasury Securities Money Market Funds.

All of the Company’s investments held in the Trust Account are classified as marketable securities.

Marketable securities are presented on the condensed balance sheet at fair value at the end of each reporting period.

Gains and losses resulting from the change in fair value of investments held in Trust Account are included in income earned on marketable securities held in Trust Account in the condensed statement of operations and comprehensive income.

The estimated fair values of marketable securities held in Trust Account are determined using available market information.

As of September 30, 2025 and December 31, 2024, the estimated fair value of marketable securities held in Trust Account was $ 60,451,218 and $ 58,605,697 , respectively.

For the three months ended September 30, 2025 and 2024, the Company recorded income earned on investments held in Trust Account of $ 618,724 and $ 147,779 , respectively.

For the nine months ended September 30, 2025 and for the period from January 30, 2024 (inception) through September 30, 2024, the Company recorded income earned on investments held in Trust Account of $ 1,845,521 and $ 147,779 , respectively.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

Company’s investments held in the Trust Account are classified as marketable securities.

Marketable securities are presented

on the condensed consolidated balance sheets at fair value at the end of each reporting period.

Gains and losses resulting from the

change in fair value of investments held in Trust Account are included in income earned on marketable securities held in Trust

Account on the condensed consolidated statement of operations and comprehensive income.

The estimated fair values of marketable

securities held in Trust Account are determined using available market information.

As of March 31, 2026 and December 31, 2025,

the estimated fair value of marketable securities held in Trust Account was $ 61,762,576 and

$ 61,035,590 ,

respectively.

For the three months ended March 31, 2026 and 2025, the Company recorded income earned on investments held in

Trust Account of $ 535,511

and $ 612,361 ,

respectively.

Concentration of Credit Risk

Financial instruments that potentially subject the Company to concentration of credit risk consist of cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $ 250,000 and marketable securities held in Trust Account.

The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.

Financial instruments that potentially subject

the Company to concentration of credit risk consist of cash accounts in financial institution which, at times may exceed the Federal

depository insurance coverage of $ 250,000

and marketable securities held in Trust Account.

Also, the Company maintains certain bank accounts in Hong Kong, where cash balances

are protected under Deposit Protection Scheme in accordance with the Deposit Protection Scheme Ordinance, with the maximum

protection of up to HKD500,000 per depositor per Scheme member, including both principal and interest.

The Company has not

experienced losses on this account and management believes the Company is not exposed to significant risks on such account.

Offering Costs Associated with the Initial Public Offering

3 unchanged sentences

The Company allocates offering costs among public shares, public rights based on the relative fair values of public shares and public rights.

Deferred Offering Costs

The Company complies with the requirements of ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — Expenses of Offering.

Deferred offering costs consist of underwriting, legal, accounting and other expenses incurred through the balance sheet date that are directly related to the IPO or the proposed offering of Consideration Shares in connection with the Business Combination and that will be charged to shareholder’s equity upon the completion of the offering.

Should the offering prove to be unsuccessful, these deferred costs, as well as additional expenses to be incurred, will be charged to operations.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2026

Fair Value of Financial Instruments

6 unchanged sentences

Unobservable inputs reflect the Company’s assumptions about the inputs that the buyer and seller would use in pricing the asset or liability developed based on the best information available in the circumstances.

The fair value hierarchy is categorized into three levels based on the inputs as follows:

fair value hierarchy is categorized into three levels based on the inputs as follows:

Level 1 - Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.

3 unchanged sentences

Level 3 - Valuations based on inputs that are unobservable and significant to the overall fair value measurement.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820 approximates the carrying amounts represented in the accompanying condensed balance sheet, primarily due to their short-term nature.

The carrying amounts reported in the condensed balance sheet for cash, accounts payable and accrued expenses and due to related parties each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period between the origination of such instruments and their expected realization and their current market rate of interest.

The fair value of the Company’s assets and

liabilities, which qualify as financial instruments under ASC Topic 820 approximates the carrying amounts represented on the accompanying

condensed consolidated balance sheet, primarily due to their short-term nature.

The carrying amounts reported on the condensed consolidated

balance sheets for cash, due to a related party and promissory note – a related party, each qualify as financial instruments and

are a reasonable estimate of their fair values because of the short period between the origination of such instruments and their expected

realization and their current market rate of interest.

The following table presents information about the Company ’ s assets that are measured at fair value on a recurring basis as of the presented periods, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

Schedule of fair value on a recurring basis

September 30,

Marketable securities held in Trust Account

1 unchanged sentence

All of the 5,750,000 Ordinary Shares sold as part of the Units in the IPO contain a redemption feature which allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s amended and restated certificate of incorporation as disclosed in Note 1.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2026

The Company accounted for its ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480, “Distinguishing Liabilities from Equity” (ASC 480).

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In accordance with ASC 480-10-S99, the Company classified the ordinary shares subject to redemption outside of permanent equity as the redemption provisions are not solely within the control of the Company.

Given that the 5,750,000 ordinary shares sold as part of the units in the IPO were issued with other freestanding instruments (i.e., Rights), the initial carrying value of ordinary shares, net of allocated offering cost, has been classified as temporary equity, and has been allocated to the proceeds determined in accordance with ASC 470-20.

If it is probable that the equity instrument will become redeemable, the Company has the option to either (i) accrete changes in the redemption value over the period from the date of issuance (or from the date that it becomes probable that the instrument will become redeemable, if later) to the earliest redemption date of the instrument or (ii) recognize changes in the redemption value immediately as they occur and adjust the carrying amount of the instrument to equal the redemption value at the end of each reporting period.

The Company has elected the accretion method (i) to recognize the changes in redemption value as a charge against retained earnings or, in the absence of retained earnings, as a charge against additional paid-in capital, over an expected 18-month period, which is the initial period that the Company has to complete a Business Combination.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

For the three months ended September 30, 2025 and 2024, the Company recorded accretion of ordinary share subject to redemption value of $ 1,792,584 and $ 164,962 , respectively.

For the nine months ended September 30, 2025 and for the period from January 30, 2024 (inception) through September 30, 2024, the Company recorded accretion of ordinary share subject to redemption value of $ 6,201,905 and $ 164,962 , respectively.

As of September 30, 2025, the ordinary shares subject to possible redemption reflected in the condensed balance sheet are recorded in the following table:

Given that the 5,750,000 ordinary

shares sold as part of the units in the IPO were issued with other freestanding instruments (i.e., Rights), the initial carrying

value of ordinary shares, net of allocated offering cost, has been classified as temporary equity, and has been allocated to the

proceeds determined in accordance with ASC 470-20.

If it is probable that the equity instrument will become redeemable, the Company

has the option to either (i) accrete changes in the redemption value over the period from the date of issuance (or from the date

that it becomes probable that the instrument will become redeemable, if later) to the earliest redemption date of the instrument or

(ii) recognize changes in the redemption value immediately as they occur and adjust the carrying amount of the instrument to equal

the redemption value at the end of each reporting period.

The Company has elected the accretion method (i) to recognize the changes

in redemption value as a charge against retained earnings or, in the absence of retained earnings, as a charge against additional

paid-in capital, over an expected 18-month period (which ended March 13, 2026), which is the initial period that the Company has to

complete a Business Combination.

Subsequent to the IPO date, the accretion also includes the dividend and interest income earned in

the Trust Account in excess of franchise and income taxes as well as expenses relating to the administration of the trust account,

if any, as well as required deposits to extend the deadline to complete a Business Combination ever since March 13, 2026.

For the three months ended March 31, 2026 and 2025,

the Company recorded accretion of ordinary share subject to redemption value of $ 1,664,798

and $ 1,100,598 ,

respectively.

Ordinary shares subject to possible redemption

reflected on the condensed consolidated balance sheets are recorded in the following table:

Schedule of Ordinary shares subject to possible redemption

5 unchanged sentences

Accretion of carrying value to redemption value

Ordinary shares subject to possible redemption as of September 30, 2025 (Unaudited)

Ordinary shares subject to possible redemption as of March 31, 2026 (Unaudited)

Related Parties

1 unchanged sentence

Companies are also considered to be related if they are subject to common control or common significant influence.

Earnings (Loss) Per Ordinary Share

The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share”.

The unaudited condensed statements of operations and comprehensive income (loss) include a presentation of earnings (loss) per redeemable share and earnings (loss) per non-redeemable share following the two-class method of income per share.

In order to determine the net income (loss) attributable to both the redeemable shares and non-redeemable shares, the Company first considered the undistributed income (loss) allocable to both the redeemable shares and non-redeemable shares and the undistributed income (loss) is calculated using the total net income (loss) less any dividends paid.

The Company then allocated the undistributed income (loss) ratably based on the weighted average number of shares outstanding between the redeemable and non-redeemable shares.

Any remeasurement of the accretion to redemption value of the shares subject to possible redemption was considered to be dividends paid to the public shareholders.

For the nine months ended September 30, 2025 and for the period from January 30, 2024 (inception) through September 30, 2024, and for the three months ended September 30, 2025 and 2024, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company.

As a result, diluted income (loss) per share is the same as basic income (loss) per share for the period presented.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

Earnings (loss) per share presented in the unaudited condensed statements of operations and comprehensive income is based on the following:

March 31, 2026

(Loss) Per Ordinary Share

The Company complies with accounting and disclosure

requirements of FASB ASC Topic 260, “Earnings Per Share”.

The unaudited condensed consolidated statements of operations and

comprehensive income include a presentation of earnings (loss) per redeemable share and earnings (loss) per non-redeemable share following

the two-class method of income per share.

In order to determine the net income (loss) attributable to both the redeemable shares and

non-redeemable shares, the Company first considered the undistributed income (loss) allocable to both the redeemable shares and non-redeemable

shares and the undistributed income (loss) is calculated using the total net income (loss) less any dividends paid.

The Company then

allocated the undistributed income (loss) ratably based on the weighted average number of shares outstanding between the redeemable and

non-redeemable shares.

Any remeasurement of the accretion to redemption value of the shares subject to possible redemption was considered

to be dividends paid to the public shareholders.

For the three months ended March 31, 2026 and 2025, the Company did not have any dilutive

securities and other contracts that could, potentially, be exercised or converted into common stock and then share in the earnings of

As a result, diluted income (loss) per share is the same as basic income (loss) per share for the period presented.

Net income (loss) used in the calculation of earnings

(loss) per share is as the following:

Schedule of consolidated statements of operations

Three Months Ended

Nine Months Ended

January 30, 2024

(Inception) Through

September 30,

Accretion of redeemable ordinary shares to redemption value

Net loss including accretion of redeemable ordinary shares to redemption value

Earnings (loss) per share presented in the unaudited condensed statement of operations and comprehensive income (loss) is based on the following:

Earnings (loss) per share

presented on the unaudited condensed consolidated statement of operations and comprehensive income is based on the following:

Schedule of Basic and Diluted Net Loss Per Share

For the Three Months Ended

September 30,

For the Three Months Ended March 31,

Ordinary Share

12 unchanged sentences

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

Nine Months Ended

January 30, 2024

(Inception) Through

September 30,

Ordinary Share

Non-Redeemable

Ordinary Share

Non-Redeemable

Ordinary Share

Allocation of net loss

Accretion of redeemable ordinary shares to redemption value

Allocation of net income (loss)

Denominators:

Weighted-average ordinary shares outstanding

Basic and diluted earnings (loss) per share

March 31, 2026

The Company accounts for income taxes under ASC 740 Income Taxes (“ASC 740”).

4 unchanged sentences

ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim period, disclosure and transition.

The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense.

There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of September 30, 2025 and December 31, 2024.

The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.

The Company recognizes accrued interest and

penalties related to unrecognized tax benefits as income tax expense.

There were no

unrecognized tax benefits and no

amounts accrued for interest and penalties as of March 31, 2026 and December 31, 2025.

The Company is currently not aware of

any issues under review that could result in significant payments, accruals or material deviation from its position.

The Company determined that the Cayman Islands is the Company ’ s only major tax jurisdiction.

2 unchanged sentences

The Company ’ s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

There is currently no taxation imposed on income by the Government of the Cayman Islands for the nine months ended September 30, 2025 and for the period from January 30, 2024 (inception) through September 30, 2024, and for the three months ended September 30, 2025 and 2024.

There is currently no taxation imposed on income

by the Government of the Cayman Islands for the three months ended March 31, 2026 and 2025.

Recent Accounting Pronouncements

In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280):

Improvements to Reportable Segment Disclosures.

The amendments in this ASU require disclosures, on an annual and interim basis, of significant segment expenses that are regularly provided to the chief operating officer decision maker (“CODM”), as well as the aggregate amount of other segment items included in the reported measure of segment profit or loss.

The ASU requires that a public entity disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources.

Public entities will be required to provide all annual disclosures currently required by Topic 280 in interim periods, and entities with a single reportable segment are required to provide all the disclosures required by the amendments in this ASU and existing segment disclosures in Topic 280.

This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted.

The Company adopted ASU 2023-07 on January 1, 2025 and concluded that there was no material impact on its financial statements and disclosures.

In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740):

Improvements to Income Tax Disclosures (ASU 2023-09), which requires disclosure of incremental income tax information within the rate reconciliation and expanded disclosures of income taxes paid, among other disclosure requirements.

ASU 2023-09 is effective for fiscal years beginning after December 15, 2024.

Early adoption is permitted.

The Company ’ s management does not believe the adoption of ASU 2023-09 will have a material impact on its financial statements and disclosures.

In November 2024, FASB issued ASU 2024-03 Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40):

In November 2024, the FASB issued ASU 2024-03,

Income Statement — Reporting Comprehensive Income —

Expense Disaggregation Disclosures (Subtopic 220-40):

Disaggregation of Income Statement Expenses ( “ ASU

Under ASU 2024-03, a public entity would be required to disclose information about purchases of inventory, employee compensation, depreciation, intangible asset amortization, and depletion for each income statement line item that contains those expenses.

ASU 2024-03 is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027.

ASU 2024-03 allows for early adoption and requires either prospective adoption to financial statements issued for reporting periods after the effective date of ASU 2024-03 or retrospectively to any or all prior periods presented in the financial statements.

The Company’s management does not believe the adoption of ASU 2024-03 will have a material impact on its financial statements and disclosures.

2024-03 ” ) which requires detailed disclosures in the notes to financial statements disaggregating

specific expense categories and certain other disclosures to provide enhanced transparency into the nature and function of expenses.

FASB further clarified the effective date in January 2025 with the issuance of ASU 2025-01, Income Statement —

Reporting Comprehensive Income — Expense Disaggregation Disclosures (Subtopic 220-40):

Clarifying the Effective Date ( “ ASU 2025-01 ” ).

ASU 2024-03 is effective for annual periods beginning after December 15, 2026, and interim periods within annual reporting periods beginning

after December 15, 2027, with early adoption permitted.

The requirements should be applied on a prospective basis while retrospective

application is permitted.

The Company does not expect to adopt this guidance early and does not expect the adoption of this ASU to have

a material impact on its condensed consolidated financial statements.

On December 8, 2025, the FASB issued ASU 2025-11

— Interim Reporting ( “ ASU 2025-11 ” )

which is intended to improve the navigability of the guidance in ASC 270, Interim Reporting, and clarify when it applies.

Under the amendments,

an entity is subject to ASC 270 if it provides interim financial statements and notes in accordance with GAAP.

ASU 2025-11 also addresses

the form and content of such financial statements, interim disclosures requirements, and establishes a principle under which an entity

must disclose events since the end of the last annual reporting period that have a material impact on the entity.

ASU 2025-11 is effective

for interim reporting periods within annual reporting periods beginning after December 15, 2027, and early adoption is permitted.

Company is currently evaluating the impact the adoption of ASU 2025-11 may have on its condensed consolidated financial statements.

Management does not believe that any recently issued, but not effective, accounting pronouncements, if currently adopted, would have a material effect on the Company ’ s financial statements.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2026

Note 3 — Initial Public Offering

3 unchanged sentences

Each unit has an offering price of $ 10.00 and consists of one ordinary share (“Public Share”) and one right (“Public Right”) to receive one-tenth (1/10) of an ordinary share upon the consummation of the initial Business Combination.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

Meanwhile, the Company incurred offering costs of approximately $ 1,845,513 , consisting of $ 862,500 and $ 522,019 of underwriting commissions which were paid in cash and representative shares (57,500 ordinary shares) at the closing date of the IPO, respectively and $ 460,994 of other offering costs.

8 unchanged sentences

Note 5 — Related Party Transactions

Nature of relationship with the related party:

The following is a list of the related party,

with which the Company has transactions:

Name of Related Parties

HWei Super Speed Co.

Founder and sponsor of the Company

Transactions with the related party:

(i) Founder Shares

1 unchanged sentence

On September 13, 2024, the over-allotment option was exercised and none of the Founder Shares were subject to forfeiture.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2026

The Sponsor has agreed not to transfer, assign or sell their Founder Shares (excluding any units or shares comprising the units acquired in the offering) until the earlier to occur of (a) twelve months after the completion of the Company’s initial Business Combination and (b) upon completion of the Company’s initial Business Combination, (x) if the last reported sale price of the Company’s ordinary shares equals or exceeds $12.00 per unit (as adjusted for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, share exchange, reorganization or other similar transaction after the Company’s initial Business Combination that results in all of the Company’s shareholders having the right to exchange their ordinary shares for cash, securities or other property.

Any permitted transferees would be subject to the same restrictions and other agreements of our sponsor, directors and executive officers with respect to any Founder Shares.

(ii) Promissory Note — Related Party

(ii) Promissory Note — Related Party (IPO)

On February 22, 2024, the Company issued a promissory note to the Sponsor, pursuant to which the Company may borrow up to an aggregate principal amount of $ 500,000 (the “Promissory Note”) to be used for a portion of the expenses for the IPO.

1 unchanged sentence

The loan will be repaid upon the closing of the IPO out of the offering proceeds not held in the Trust Account.

For the period from January 30, 2024 (inception) through September 30, 2024, the Company had borrowed $ 375,000 under the Promissory Note with the Sponsor for its IPO.

For the period from January 30, 2024 (inception) through December 31, 2024, the Company had borrowed $ 375,000 under the Promissory Note with the Sponsor for its IPO.

Shortly after completion of the IPO, such amount was fully repaid.

(iii) Promissory Note — Related Party

On March 4, 2026, the Company’s Board of

Directors approved the First Extension, extending the deadline to consummate a Business Combination from March 13, 2026 to April 13, 2026.

On March 9, 2026, in connection with the First Extension, the Company issued an unsecured promissory note (the “First Extension

Promissory Note”) to the Sponsor in the principal amount of $ 191,475 .

The First Extension Promissory Note bears no interest and

is payable on the earlier of:

(i) the consummation of the Company’s initial Business Combination, or (ii) the date the Company is

wound up and liquidates.

If the Company fails to consummate a Business Combination by the expiration of its prescribed timeframe and liquidates,

the First Extension Promissory Note will be forgiven and the Sponsor will have no right to payment.

At the Sponsor’s option, prior to full repayment,

all or any portion of the unpaid principal may be converted into units of the Company at $10.00 per unit upon consummation of a Business

The conversion units are identical to the Placement Units issued to the Sponsor in the private placement concurrent with

the Company’s IPO.

The Sponsor’s conversion right, when aggregated with other similar working capital or extension loans,

shall not exceed $ 1,500,000 in aggregate principal.

The Sponsor has waived any claim to or from the

Trust Account and agreed not to seek recourse against the Trust Account for any reason.

An event of default occurs if the Company fails

to pay within five business days of the due date or commences voluntary bankruptcy proceedings.

The proceeds of the First Extension Promissory

Note of $ 191,475 were deposited directly into the Company’s Trust Account to fund the First Extension on March 11, 2026.

(iv) Working Capital Loans

In addition, in order to finance transaction costs

in connection with an intended initial Business Combination, the Sponsor, the Company’s officers and directors may, but are not

obligated to, loan the Company funds as may be required.

If the Company completes the initial Business Combination, it intends to repay

such loaned amount at closing.

In the event that the initial Business Combination does not close, the Company may use a portion of the

working capital held outside the Trust Account to repay such loaned amounts but no proceeds from the Trust Account would be used for

such repayment.

Up to $ 1,500,000

of such working capital loans (“Working Capital Loans”) made by the Sponsor, the Company’s officers and directors,

or the Company’s or their affiliates to the Company prior to or in connection with its initial Business Combination may be convertible

into units, at a price of $10.00 per unit at the option of the lender, upon consummation of its initial Business Combination.

would be identical to the Placement Units.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

(iii) Working Capital Loans

In addition, in order to finance transaction costs in connection with an intended initial Business Combination, the Sponsor, the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required.

If the Company completes the initial Business Combination, it intends to repay such loaned amount at closing.

In the event that the initial Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay such loaned amounts but no proceeds from the Trust Account would be used for such repayment.

Up to $ 1,500,000 of such working capital loans (“Working Capital Loans”) made by the Sponsor, the Company’s officers and directors, or the Company’s or their affiliates to the Company prior to or in connection with its initial Business Combination may be convertible into units, at a price of $10.00 per unit at the option of the lender, upon consummation of its initial Business Combination.

The units would be identical to the Placement Units.

(iv) Administrative Services Arrangement

March 31, 2026

For the three months ended March 31, 2026 and

2025, the Company had no

borrowings under the Working Capital Loans.

(v) Administrative Services Arrangement

Commencing on the effective date of the registration statement of the IPO, the Company has agreed to pay an affiliate of the Sponsor a total of $ 10,000 per month for office space, utilities and secretarial and administrative support.

Upon completion of its initial Business Combination or its liquidation, the Company will cease paying these monthly fees.

The amount due to related parties is non-interest bearing and due on demand.

For the nine months ended September 30, 2025 and for the period from January 30, 2024 (inception) through September 30, 2024, the Company has accrued $ 91,000 and $ 5,667 for the service provided by the Sponsor, respectively.

For the three months ended September 30, 2025 and 2024, the Company has accrued $ 30,667 and $ 5,667 for the service provided by the Sponsor, respectively.

As of September 30, 2025 and December 31, 2024, the balance of amount due to a related party were $ 127,333 and $ 36,333 , respectively.

For the three months ended March 31, 2026

and 2025, the Company has accrued $ 30,000

for the service provided by the Sponsor, respectively.

Balance with the related party:

Schedule of related party

Amount due to a related party:

Related party

HWei Super Speed Co.

Administrative support service fee

HWei Super Speed Co.

Promissory note for extension

The amount due to the related party is non-interest bearing and due

Note 6 — Shareholder’s Equity

Ordinary Shares

The Company is authorized to issue 500,000,000 ordinary shares with a par value of $ 0.0001 per share.

On January 30, 2024, the Company issued 10,000 ordinary shares to the Sponsor for an aggregate purchase price of $ 1 .

On February 27, 2024, the Company issued 1,437,500 ordinary shares to the Sponsor including an aggregate of 187,500 shares that are subject to forfeiture to the extent that the underwriter’s over-allotment option is not exercised in full or in part, so that the initial shareholder will own 20% of the Company’s issued and outstanding ordinary shares (excluding the Placement shares and Representative shares (as described below) and assuming the initial shareholder does not purchase any shares in the IPO).

Meanwhile, the Sponsor irrevocably surrendered to the Company for cancellation and for nil consideration 10,000 ordinary shares.

The Company is authorized to issue 500,000,000

ordinary shares with a par value of $ 0.0001

On January 30, 2024, the Company issued 10,000

ordinary shares to the Sponsor for an aggregate purchase price of $ 1 .

On February 27, 2024, the Company issued 1,437,500

ordinary shares to the Sponsor including an aggregate of 187,500

shares that are subject to forfeiture to the extent that the underwriter’s over-allotment option is not exercised in full or

in part, so that the initial shareholder will own 20% of the Company’s issued and outstanding ordinary shares (excluding the

Private Placement shares and Representative shares (as described below) and assuming the initial shareholder does not purchase any

shares in the IPO).

Meanwhile, the Sponsor irrevocably surrendered to the Company for cancellation and for nil consideration 10,000

ordinary shares.

On September 13, 2024, the Company consummated its IPO of 5,000,000 units at $10.00 per Unit, with the exercise of the underwriter’s over-allotment option of 750,000 units, generating gross proceeds of $ 57,500,000 .

3 unchanged sentences

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

March 31, 2026

On September 13, 2024, the Company issued 57,500 Representative Shares to the representative of the underwriters (and/or its designees) as part of the underwriting compensation.

1 unchanged sentence

Pursuant to FINRA Rule 5110I(1), these securities will not be the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the commencement of sales in this offering, nor may they be sold, transferred, assigned, pledged or hypothecated for a period of 180 days immediately following September 13, 2024 except to any underwriter and selected dealer participating in the offering and their officers, partners, registered persons or affiliates.

As of September 30, 2025 and December 31, 2024, as a result of closing of the IPO, the exercise of the Representative’s Over-Allotment Option and the sales of Placement Units in the private placement, there were 7,544,000 ordinary shares issued and outstanding, including 5,750,000 ordinary shares subject to possible redemption, which are classified as temporary equity, and 1,794,000 ordinary shares.

1,794,000 ordinary shares issued and outstanding, consisting of 1,437,500 ordinary shares of founder shares, 299,000 ordinary shares from private placement and 57,500 ordinary shares to the underwriter.

As of September 30, 2025 and December 31, 2024, there were 5,750,000 public rights included in the Public Units and 299,000 private rights include in the Placement Units outstanding.

As of March 31, 2026 and December 31, 2025,

as a result of closing of the IPO, the exercise of the Representative’s Over-Allotment Option and the sales of Placement Units

in the private placement, there were 7,544,000

ordinary shares issued and outstanding, including 5,750,000

ordinary shares subject to possible redemption, which are classified as temporary equity, and 1,794,000 ordinary shares.

ordinary shares issued and outstanding, consisting of 1,437,500 ordinary shares of founder shares, 299,000 ordinary shares from

private placement and 57,500 ordinary shares to the underwriter.

As of March 31, 2026 and December 31, 2025, there were 5,750,000 public rights included in the Public Units and 299,000 private rights include in the Placement Units outstanding.

There was no right attached to the Representative Shares.

9 unchanged sentences

Registration Rights

The holders of the Founder Shares and Private Placement Units (and their underlying securities) are entitled to registration rights pursuant to the registration rights agreement signed on the effective date of the IPO, requiring the Company to register such securities for resale.

The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company registers such securities.

In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act.

The Company will bear the expenses incurred in connection with the filing of any such registration statements.

The holders of the Founder Shares, Private

Placement Units (and their underlying securities), and any Working Capital Loans (up to $ 1,500,000 ) are entitled to registration

rights pursuant to the registration rights agreement signed on the effective date of the IPO, requiring the Company to register such

securities for resale.

The holders of these securities are entitled to make up to three demands, excluding short form demands, that

the Company registers such securities.

In addition, the holders have certain “piggy-back” registration rights with

respect to registration statements filed subsequent to the completion of the initial Business Combination and rights to require the

Company to register for resale such securities pursuant to Rule 415 under the Securities Act.

The Company will bear the

expenses incurred in connection with the filing of any such registration statements.

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

March 31, 2026

Underwriting Agreement

7 unchanged sentences

Accordingly, management has determined that there is only one reportable segment.

The CODM assesses performance for the single segment and decides on resource allocation based on the net income or loss reported on the statement of operations and comprehensive income (loss).

The measure of segment assets is reported on the condensed balance sheet as total assets.

When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total assets, which include the following:

The CODM assesses performance for the single segment

and decides on resource allocation based on the net income or loss reported on the condensed consolidated statements of operations and

comprehensive income.

The measure of segment assets is reported on the condensed consolidated balance sheet as total assets.

When evaluating

the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included

in net income or loss and total assets, which include the following:

Schedule of Segment Information

September 30,

Marketable securities held in Trust Account

Three Months Ended

Nine Months Ended

January 30, 2024

(Inception) Through

September 30,

Operating expenses

2 unchanged sentences

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2025

March 31, 2026

The CODM reviews income earned on marketable securities held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the Trust Agreement.

Operating expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar transaction within the Business Combination period.

The CODM also reviews operating expenses to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.

Operating expenses, as reported on the statements of operations and comprehensive income (loss), are the significant segment expenses provided to the CODM on a regular basis.

Assets Information

All of the Company’s operating long-lived assets, including marketable securities held in Trust Account, were located in U.S.

as of September 30, 2025 and December 31, 2024.

Operating expenses are reviewed and monitored

by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar transaction

within the Business Combination period.

The CODM also reviews operating expenses to manage, maintain and enforce all contractual agreements

to ensure costs are aligned with all agreements and budget.

Operating expenses, as reported on the condensed consolidated statements of

operations and comprehensive income, are the significant segment expenses provided to the CODM on a regular basis.

Note 9 — Subsequent Events

The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date of these unaudited condensed consolidated financial statements were issued.

Based on this review, the Company did not identify any subsequent events that would require adjustment or disclosure in the financial statements.

The Company evaluated subsequent events and transactions

that occurred after the consolidated balance sheet date through the date of these unaudited condensed consolidated financial statements

Except as disclosed, the Company did not identify any other subsequent events that would require adjustment or disclosure

in the condensed consolidated financial statements.

On April 8, 2026, in connection with the second one-month

extension of the deadline to consummate a business combination from April 13, 2026 to May 13, 2026 (the “Second Extension”),

the Company issued an unsecured promissory note (the “Second Extension Promissory Note”) to the Sponsor in the principal

amount of $ 191,475 .

The terms of the Second Extension Promissory Note are substantially identical in all material respects to the terms of the First Extension

Promissory Note, including with respect to interest, maturity, forgiveness upon liquidation, conversion rights, and waiver of claims

against the Trust Account.

The proceeds of the Second Extension Promissory Note were deposited into the Company’s Trust Account

to fund the Second Extension.

On May 8, 2026, in connection with the third one-month extension of the deadline to consummate a business

combination from May 13, 2026 to June 13, 2026 (the “Third Extension”), the Company issued an unsecured promissory note (the

“Third Extension Promissory Note”) to the Sponsor in the principal amount of $ 191,475 .

The terms of the Third Extension Promissory

Note are substantially identical in all material respects to the terms of the First and Second Extension Promissory Note, including with

respect to interest, maturity, forgiveness upon liquidation, conversion rights, and waiver of claims against the Trust Account.

of the Third Extension Promissory Note were deposited into the Company’s Trust Account to fund the Third Extension.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Financial Statements