Future Vision II Acquisition Corp. Announces Entering into Amendment No. 1 to Merger Agreement with Viwo Technology Inc.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2024
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Source: Newsfilter
Merger Agreement Update: Future Vision II Acquisition Corp. and Viwo Technology Inc. have amended their merger agreement to include a lock-up provision for pre-Business Combination shareholders, aligning their interests with the long-term growth of the new entity, Viwo Inc.
Performance-Based Lock-Up Conditions: The lock-up agreement stipulates that shares will be locked for two or three years based on Viwo Inc.'s financial performance milestones, including specific revenue growth targets, with options for shareholders to forfeit a portion of their shares to release the lock-up.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
