Company: FTII
Filing Date: 2025-04-09
Form Type: 10-K
Source: 0001641172-25-003384
Chunk: 240

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-04-09
Form: 10-K
Item: Item 11
Chunk 240
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 and possibly result in a reduced level of trading activity in the secondary trading market for our securities; a decreased ability
to issue additional securities or obtain additional financing in the future; a limited amount of news and analyst coverage; and becoming
a less attractive merger partner for a target company or business. We also note that if Nasdaq delists the Company’s securities
from trading on its exchange and the Company is not able to list its securities on another national securities exchange, it may affect
the Company’s ability to consummate its planned Business Combination with Longevity.

In
addition, the Company’s ability to consummate a transaction may be dependent on the ability to raise equity or debt financing which
may be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party financing
being unavailable on terms acceptable to the Company or at all. The impact of this action and related sanctions on the world economy
and the specific impact on the Company’s financial position, results of operations and/or ability to consummate a Business Combination
are not yet determinable. The financial statements do not include any adjustments that might result from the outcome of this
uncertainty.

Note
2 - Summary of Significant Accounting Policies

Basis
of Presentation

The accompanying financial statements have been prepared in accordance
with accounting principles generally accepted in the United States of America (“GAAP”).

    F-11

Note
2 - Summary of Significant Accounting Policies (Continued)

Emerging
Growth Company

The
Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our
Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements
that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required
to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced
disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements
of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously
approved.

Further,
Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting
standards until private companies (that is, those that have not had a Securities Act