Future Vision II Acquisition Corp. filed its Form 10-Q with the SEC on November 12, 2026, covering the quarterly period ended September 30, 2026, disclosing unaudited financial results for the three and nine months ended on that date.

Key Highlights

  • Quarterly net income: The company reported net income of $396,051 for the three months ended September 30, 2026, compared with $557,209 in the same period of 2025, according to the filing.
  • Nine-month net income: Net income for the nine months ended September 30, 2026 was $1,224,792, versus $1,563,409 for the comparable 2025 period.
  • Trust Account balance: Marketable securities held in the Trust Account totaled $43,202,306 as of September 30, 2026, down from $61,035,590 at December 31, 2025.
  • Shares subject to redemption: Ordinary shares subject to possible redemption decreased to 3,879,970 at September 30, 2026 from 5,750,000 at December 31, 2025.
  • Shareholders' deficit: Total shareholders' deficit was $(701,646) at September 30, 2026, compared with total shareholders' equity of $1,804,521 at December 31, 2025.
  • Related-party promissory note: A promissory note to a related party of $1,213,850 appeared on the balance sheet at September 30, 2026, with no comparable balance at December 31, 2025.
  • Cash position: Cash was $732,595 at September 30, 2026, down from $1,024,709 at December 31, 2025.

Future Vision II Q3 2026 Financial Results and Balance Sheet Changes

Future Vision II Acquisition Corp. (NASDAQ:FVN), a Cayman Islands blank-check company incorporated for the purpose of completing a business combination, reported unaudited condensed consolidated financial results for the three and nine months ended September 30, 2026. According to the filing, total operating expenses for the third quarter were $105,893, consisting of $75,226 in formation and operating costs and $30,667 in administrative fees. This compares with total operating expenses of $69,216 in the third quarter of 2025.

The filing disclosed that the company's income during both periods is driven primarily by income earned on marketable securities held in the Trust Account, which was $498,147 for the three months ended September 30, 2026, and $1,579,297 for the nine months ended September 30, 2026. Net cash used in operating activities for the nine months ended September 30, 2026 was $(292,114), with the Trust Account income being the primary reconciling item between net income and cash used in operations, the filing indicated.

As of September 30, 2026, the registrant reported total assets of $43,963,510 and total liabilities of $1,462,850. The liabilities include $249,000 due to a related party and a $1,213,850 promissory note to a related party, the latter of which was not present at December 31, 2025. The company disclosed that it is classified as a shell company, a smaller reporting company, a non-accelerated filer, and an emerging growth company. As of September 30, 2026, there were 5,673,970 ordinary shares issued and outstanding, excluding the 3,879,970 ordinary shares underlying the FVNNU units issued in the IPO, according to the filing.

What Was Disclosed

Future Vision II Acquisition Corp. filed a quarterly report covering the period ended September 30, 2026, disclosing unaudited income, balance sheet, and cash flow data, including a decline in Trust Account assets, the appearance of a new related-party promissory note, and a shift from shareholders' equity to a shareholders' deficit.