Future Vision II Acquisition Corp. Announces the Closing of its Initial Public Offering and Full Exercise of Underwriter's Over-Allotment Option to Purchase Additional Units

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NEW YORK, Sept.13, 2024 (GLOBE NEWSWIRE) -- Future Vision II Acquisition Corp.(NASDAQ:FVNNU) ("Future Vision") today announced the closing of its initial public offering of 5,750,000 units, which includes 750,000 units issued pursuant to the underwriter's exercise of its over-allotment option in full on September 12, 2024.

Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of 299,000 placement units for an aggregate purchase price of $2,990,000, $57,787,500 (or $10.05 per public unit) was placed into a trust account in the United States at Wilmington Trust, National Association.

Future Vision's units are listed on the Nasdaq Capital Market ("NASDAQ") and began trading under the ticker symbol "FVNNU" on September 12, 2024.

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Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets: United StatesCayman Islands

Topics: Press Releases News FVNNU IPOs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 16:31:17 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 665 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 22499866

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