Future Vision II Acquisition Signs Multiple Material Agreements

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2026.01.20 12:03
portai
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Future Vision II Acquisition has signed a Merger Agreement with MicroTouch Technology, valuing the latter at $90 million. The deal involves SPAC shares with a redemption price capped at $10.05. Upon completion, MicroTouch will become a wholly owned subsidiary and will adopt a new name. Additionally, a Transaction Support Agreement has been signed, ensuring all MicroTouch shareholders will vote in favor of the merger. The transaction is intended to be tax-free and is subject to various approvals and conditions.