Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 255

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 255
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 the FutureTech Board in its evaluation of the Business Combination and
should not be viewed as determinative of the views of the FutureTech or LBI’s management with respect to the Business Combination.

Fees and Expenses

As compensation for Newbridge’s services
in connection with the rendering of its Opinion to the Board, FutureTech agreed to pay Newbridge a fee of $60,000. $10,000 of the fee
was paid as a retainer, $40,000 was paid upon delivery of the Opinion, and the remaining $10,000 was paid upon delivery of the “Opinion
of FutureTech’s Financial Advisor” section of the Proxy Statement to FutureTech’s attorneys. No portion of Newbridge’s
fee is refundable or contingent upon the conclusion reached in the Opinion.

The FutureTech Board’s Reasons
for the Approval of the Business Combination

FutureTech was
organized for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business
combination with one or more businesses.

In evaluating
the Business Combination, the FutureTech Board consulted with FutureTech’s management and financial, legal and other advisors and
considered a number of factors. In particular, the FutureTech Board considered, among other things, the following factors, although not
weighted or in any order of significance:

In reaching its
unanimous resolution (i) that the terms and conditions of the Merger Agreement, including the proposed Business Combination, are advisable,
fair to and in the best interests of FutureTech and its stockholders and (ii) to recommend that its stockholders adopt and approve the
Merger Agreement and approve the Business Combination contemplated therein, FutureTech’s board of directors considered a range of
factors, including but not limited to, the factors discussed below. In light of the number and wide variety of factors, FutureTech’s
board of directors did not consider it practicable to, and did not attempt to, quantify or otherwise assign relative weights to the specific
factors it considered in reaching its determination. FutureTech’s board of directors viewed its position as being based on all of
the information available and the factors presented to and considered by it. In addition, individual directors may have given different
weight to different factors. This explanation of FutureTech’s reasons for the Business Combination and all other information presented
in this section is forward-looking in nature and, therefore, should be read in light of the factors discussed under the section of this
proxy statement/pro