# Future Vision II Acquisition Secures $65,000 Note to Extend Deal Deadline

- URL: https://stocks.freetheai.org/news/future-vision-ii-acquisition-secures-65-000-note-to-extend-deal-deadline-55a933
- Published: 2026-10-14T20:33:00Z
- Category: mergers; sentiment: neutral; impact: low
- Symbols: [NASDAQ:FVN](https://stocks.freetheai.org/symbols/NASDAQ-FVN)
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Future Vision II Acquisition Corp. (FVN) has issued an unsecured promissory note for $65,000 to its sponsor, Hwei Super Speed. The agreement provides the necessary funds for a trust account deposit to extend the blank-check company's business combination deadline from Oct. 13, 2026, to Nov. 13, 2026. Following the announcement, shares of the company rose 3.85% to $8.775.

The non-interest-bearing note will mature upon the closing of an initial business combination. If the company fails to complete a transaction, the principal will be forgiven. Should a merger successfully close, the sponsor holds the option to convert the unpaid principal into units at $10.00 per unit.

The one-month extension gives the company additional time to finalize a initial business combination before its revised November cutoff.

## Key points

- Future Vision II Acquisition Corp. (FVN) issued a $65,000 promissory note to sponsor Hwei Super Speed.
- The funds will extend the company's merger deadline from Oct. 13, 2026, to Nov. 13, 2026.
- The loan carries no interest and will be forgiven if no business combination is completed.
- Upon closing a deal, the sponsor can convert the note into units at $10.00 per unit.
- Shares of FVN gained 3.85% to trade at $8.775.

## Questions and answers

### Why did Future Vision II Acquisition issue a $65,000 note?

The company issued the note to fund a deposit into its trust account and extend its business combination deadline from Oct. 13, 2026, to Nov. 13, 2026.

### What are the key terms of Future Vision II Acquisition's promissory note?

The $65,000 note is unsecured and carries no interest. It matures upon the closing of a business combination and will be forgiven if no deal occurs. The sponsor can also convert the principal into units at $10.00 per unit upon deal completion.

### Who provided the extension funding to Future Vision II Acquisition?

The funding was provided by the company's sponsor, Hwei Super Speed, under an agreement effective Oct. 12, 2026.