Company: FTII
Filing Date: 2025-04-09
Form Type: 10-K
Source: 0001641172-25-003384
Chunk: 266

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-04-09
Form: 10-K
Item: Item 11
Chunk 266
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 in Trust Account which include the accompanying statements of operations.

The
key measures of segment profit or loss reviewed by our CODM are interest earned on cash held in Trust Account and formation and operational
costs. The CODM reviews interest earned on cash held in Trust Account to measure and monitor stockholder value and determine the most
effective strategy of investment with the Trust Account funds while maintaining compliance with the trust agreement. Formation and operational
costs are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business
combination within the business combination period. The CODM also reviews formation and operational costs to manage, maintain and enforce
all contractual agreements to ensure costs are aligned with all agreements and budget.

Note
11 – Subsequent Events

The
Company evaluated subsequent events and transactions that occurred after the balance sheet date. Based upon this review the Company did
not identify any subsequent events, other than those noted below, that would have required adjustment or disclosure in the financial
statements.

Extension
Loans

On
January 18, 2025, the Company caused to be deposited $37,744
into the Company’s Trust account, allowing
the Company to extend the period of time it has to consummate its initial Business Combination from January 18, 2025 to February 18,
2025. On February 18, 2025, the Company caused to be deposited $37,744
into the Company’s Trust account, allowing
the Company to extend the period of time it has to consummate its initial Business Combination from February 18, 2025 to March 18, 2025.
On March 18, 2025, the Company caused to be deposited $37,744
into the Company’s Trust account, allowing
the Company to extend the period of time it has to consummate its initial Business Combination from March 18, 2025 to April 18, 2025.

    F-23

Note
11 – Subsequent Events (Continued)

PIPE
Subscription Agreement

On
January 31, 2025, a Subscription Agreement (defined below) with an Investor (defined below) became effective as follows: On December
13, 2024, the Company signed a Subscription Agreement (the “Subscription Agreement”) with Yuantian Zhang (the “Investor”),
pursuant to which, among other things, the Investor agreed to subscribe for and purchase, and the Company agreed to issue and sell to