Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 15

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 15
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 payable, if any). For illustrative purposes, as of [__], 2025, this would have amounted to approximately $[__] per issued and outstanding public share. If a public stockholder exercises its redemption rights in full, then it will be electing to exchange its public shares for cash and will no longer own public shares. See the section entitled “ Special Meeting of FutureTech — Redemption Rights” in the accompanying proxy statement/ prospectus for a detailed description of the procedures to be followed if you wish to redeem your public shares for cash.

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Notwithstanding the foregoing, a public stockholder, together with any affiliate of such public stockholder or any other person with whom such public stockholder is acting in concert or as a “group” (as defined in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its public shares with respect to more than an aggregate of 15% of the public shares. Accordingly, if a public stockholder, alone or acting in concert or as a group, seeks to redeem more than 15% of the public shares, then any such shares in excess of that 15% limit would not be redeemed for cash.

FutureTech Partners II LLC, a Delaware limited liability company and stockholder of FutureTech (the “Sponsor”), and each current and former director of FutureTech have agreed to, among other things, vote in favor of the Business Combination Proposal and the transactions contemplated thereby, including the other Condition Precedent Proposals, and to waive their redemption rights in connection with the underwriting agreement entered into in connection with the initial public offering of FutureTech Common Stock. None of the Sponsor Persons received any consideration in exchange for waiving their redemption rights. As of the date of the accompanying proxy statement/ prospectus, the Sponsor Persons collectively own approximately 79.1% of the issued and outstanding shares of FutureTech Common Stock.

Nasdaq IM-5101-2 requires that FutureTech, a special purpose acquisition company, complete one or more business combinations within 36 months of the effectiveness of its initial public offering registration statement, which, in the case of FutureTech, would be February 14, 2025. FutureTech’s Combination Period ending on August 18, 2025 contravenes Nasdaq IM-5101-2 and, as a result, may lead Nasdaq to suspend trading FutureTech’s securities or lead FutureTech’s securities to