Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 534

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 534
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,450,000 |   |
| Initial Classification of Class A common stock subject to redemption          |     | $              |            - |   |     | $              |  118,553,638 |   |
| Accretion to redemption value                                                 |     | $              |    6,552,136 |   |     | $              |    3,929,281 |   |
| Offering costs paid by Promissory note - related parties                      |     | $              |            - |   |     | $              |      187,993 |   |

<div align='center'>The accompanying notes are an integral part of these financial statements.</div>

| F-27 |

<div align='center'>FUTURETECH II ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS</div>

Note 1 - Description of Organization and Business Operations, Going Concern and Basis of Presentation

FutureTech II Acquisition Corp. (the “Company”) is a blank check company incorporated in Delaware on August 19, 2021. The Company was formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses (the “Business Combination”). The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.

As of December 31, 2023, the Company had not commenced any operations. All activity for the period from April 13, 2021 (inception) through December 31, 2023 relates to organizational activities and identifying a target company for a business combination. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Company’s initial public offering (the “Initial Public Offering”). The Company has selected December 31 as its fiscal year end.

The registration statement for the Initial Public Offering was declared effective on February 14, 2022. On February 18, 2022, the Company consummated the Initial Public Offering of 11,500,000units (“Units” and, with respect to the shares of Class A common stock included in the Units offered, the “Public Shares”), generating gross proceeds of $ 115,000,000, which is described in Note