Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 419

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 419
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 candidates.

General and Administrative Expenses

General and administrative expenses consist primarily of professional fees for legal, accounting, audit, tax, investor and public relations costs and consulting services as well as administrative staff payroll.

We expect that our general and administrative expenses will increase in the future as we hire additional general and administrative personnel. We also expect to incur increased expenses associated with being a public company, including costs of accounting, audit, legal, regulatory and tax compliance services and director and officer insurance.

Critical Accounting Policies

Our financial statements are prepared in accordance with U.S. generally accepted accounting principles (“US GAAP”). The preparation of our financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of expenses during a reporting period. Actual results could differ from estimates.

Due to lack of operations, Longevity does not currently have any critical accounting policies.

Results of Operations

Comparison of the nine months ended September 30, 2024 and 2023

The following table presents our statements of operations for the periods indicated:

| Operating          
 expenses:          |     | Nine                       
 Months Ended September 30, 
 2024                       |            |   |     | 2023 |            |   |     | %      
 Change |       |    |
|:-------------------|:----|:---------------------------|-----------:|:--|:----|:-----|-----------:|:--|:----|:-------|------:|:---|
| General            
 and administrative |     | $                          |  3,648,810 |   |     | $    |  2,162,723 |   |     |        |  68.7 | %  |
| Total              
 operating expenses |     |                            |  3,648,810 |   |     |      |  2,162,723 |   |     |        |       |    |
| Loss               
 from operations    |     |                            | (3,648,810 | ) |     |      | (2,162,723 | ) |     |        |       |    |
| Total              
 other expense      |     |                            |  1,437,515 |   |     |      |  6,201,403 |   |     |        | (76.8 | )% |
| Net                
 loss               |     | $