Group 1 - Future Vision II Acquisition Corp. has signed a merger agreement with MicroTouch Technology INC, valuing the latter at $90 million [1] - Post-merger, the company will be renamed MicroTouch Inc. and plans to list on NASDAQ under the ticker FVNNU; the agreement can be terminated if the deal is not completed by December 31, 2026 [1] - MicroTouch shareholders will receive shares based on the enterprise value and SPAC's redemption price per share, capped at $10.05; MicroTouch has the right to appoint 4 directors and all executives, while SPAC retains only 1 independent director [1] Group 2 - The merger is subject to shareholder approval and SEC review of the S-4 filing [1] - MicroTouch is registered in the Cayman Islands, but its business scope has not been disclosed; the SPAC is headquartered in Shanghai and previously terminated a merger with VIWO Technology [1] - The SPAC is focused on the TMT sector in the Greater China region and had a valuation of approximately $57 million prior to its NASDAQ listing in September 2024 [1]
快讯｜MicroTouch借SPAC赴美上市 估值9000万美元