Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 53

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 53
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 Date.

The Subscription Agreement
became effective upon execution of the Escrow Agreement on January 31, 2025.

Ownership of FutureTech Following the Business Combination

As of the date of this proxy statement/prospectus, there are (i) 4,289,961 shares of FutureTech Common Stock issued and outstanding, consisting of the 520,075 Private Placement Shares, 2,875,000 founder shares, 779,886 public shares, and 115,000 representative shares and (ii) 12,020,075 Warrants issued and outstanding, consisting of the 520,075 Private Placement Warrants held by the Sponsor and 11,500,000 Public Warrants. Each whole warrant entitles the holder thereof to purchase one share of Class A Common Stock at $11.50 per share. Therefore, as of the date of this proxy statement/prospectus (without giving effect to the Business Combination, or the PIPE Investment), FutureTech’s fully diluted share capital would be 16,310,036 FutureTech Common Stock equivalents.

Upon completion of the Business Combination, we anticipate that: (1) shares issued to existing holders of Longevity Common Stock (including holders receiving shares issued in connection with the Target Acquisitions) will represent an ownership interest of approximately 36.2% of the issued and outstanding Common Stock on a fully diluted basis, (2) shares issued to FutureTech public stockholders will represent an ownership interest of approximately 44.0% of the issued and outstanding FutureTech Common Stock on a fully diluted basis, (3) shares issued to the Sponsor Persons will represent an ownership interest of approximately 14.0% of the issued and outstanding FutureTech Common Stock on a fully diluted basis, (4) shares issued to the Sponsor pursuant to the Sponsor Convertible Promissory Note, assuming the respective exercise of the option to convert amounts owed under the notes into FutureTech Common Stock at the Closing, will represent an ownership interest of 1.3% of the issued and outstanding FutureTech Common Stock on a fully diluted basis, (5) shares issued to the PIPE Investor in the PIPE Investment will represent an ownership interest of approximately 3.6% of the issued and outstanding FutureTech Common Stock on a fully diluted basis, and (6) the representative shares and the shares issued to the underwriters of FutureTech’s initial public offering as a portion of the deferred underwriting fee will represent an ownership interest of approximately 0.9% of the issued and outstanding FutureTech Common