Company: FTII
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001641172-25-025250
Chunk: 6

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-08-22
Form: 10-Q
Item: Item 8
Chunk 6
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 measures to conserve liquidity,
which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and
reducing overhead expenses. The Company cannot provide any assurance that new financing will be available to it on commercially acceptable
terms, if at all.

In
accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures
of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” the Company has evaluated that there are certain
conditions and events, considered in the aggregate, that raise doubt about the Company’s ability to continue as a going concern
for a period of time within one year after the date that the unaudited
condensed financial statements are issued, the date that the Company is required to cease all operations, except for the purpose of winding up,
if a Business Combination is not consummated by such date. It is uncertain that the Company will be able to consummate an initial Business
Combination by this time. If an initial Business Combination is not consummated by this date, there will be a mandatory liquidation and
subsequent dissolution of the Company. These factors, among others, raise substantial doubt about the Company’s ability to continue
as a going concern. The unaudited condensed financial statements do not include any adjustments that might result from the Company’s
inability to continue as a going concern.

Risks
and Uncertainties

Management
continues to evaluate the impact of the COVID-19 pandemic and has concluded that while it is possible that the virus could have a negative
effect on the Company’s financial position, results of its operations and/or search for a target company, the specific impact is
not readily determinable as of the date of the unaudited condensed financial statements. The unaudited condensed financial statements
do not include any adjustments that might result from the outcome of this uncertainty.

In
February 2022, the Russian Federation and Belarus commenced a military action with the country of Ukraine. As a result of this action,
various nations, including the United States, have instituted economic sanctions against the Russian Federation and Belarus. Separately,
in October 2023, Israel and certain Iranian-backed Palestinian forces began an armed conflict in Israel, the Gaza Strip, and surrounding
areas, which threatens to spread to other Middle Eastern countries including Lebanon and Iran. The impact of these conflicts and related
sanctions on the world economy are not