Future Vision II Acquisition Corp. reported its financial results for the second quarter of 2026, revealing a net income of $409,985, a decrease from $551,900 in the same period of 2025. The company generated total operating expenses of $139,769 for the quarter, significantly higher than the $70,837 reported a year earlier. For the first half of 2026, net income was $828,741, down from $1,006,200 in the first half of 2025. The decline in income was attributed to a reduction in interest income from marketable securities held in the Trust Account, which fell to $1,081,150 from $1,226,797 year-over-year.
As of June 30, 2026, Future Vision II Acquisition Corp. reported total assets of $63,715,273, an increase from $62,060,299 at the end of 2025. The company’s cash balance decreased to $788,401 from $1,024,709, while marketable securities held in the Trust Account rose to $62,882,640 from $61,035,590. Current liabilities increased significantly to $984,233, primarily due to a promissory note of $765,900 issued to a related party, compared to just $158,000 in current liabilities at the end of 2025.
The company has not yet completed any business combinations since its inception and continues to focus on identifying potential acquisition targets. Future Vision II Acquisition Corp. has extended its deadline to consummate a business combination multiple times, with the latest extension pushing the deadline to August 13, 2026. The company has incurred significant costs related to these extensions, including an extension fee of $191,475 for each month of extension, which has been funded through promissory notes to its sponsor, HWei Super Speed Co. Ltd.
In terms of operational metrics, the company reported a working capital deficit of $151,600 as of June 30, 2026. The total number of ordinary shares subject to possible redemption remained at 5,750,000, reflecting the shares issued during its initial public offering. The company has indicated that it will continue to seek a business combination before the mandatory liquidation date, although there is no assurance that it will be able to do so by the deadline. Future Vision II Acquisition Corp. remains focused on leveraging its cash reserves and marketable securities to facilitate a successful acquisition.
About Future Vision II Acquisition Corp.
Future Vision II Acquisition Corp. is a Cayman Islands-based blank check company focused on identifying and completing a merger or acquisition, primarily targeting businesses in Asia. It aims to leverage management’s extensive experience in M&A and operations to create value through strategic business combinations. The company seeks to acquire private companies with growth potential, strong management, and the ability to benefit from being publicly traded, with a focus on digital and technological sectors.
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