Company: FTII
Filing Date: 2025-07-31
Form Type: DEF 14A
Source: 0001641172-25-021616
Chunk: 4

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-07-31
Form: DEF 14A
Chunk 4
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 Trust Account in connection with the Company’s initial public offering (“IPO”) and any Extension Payments, as well as any interest earned thereon, will not be used to pay for the Excise Tax.

On or before the 24-month anniversary of the effective date of the registration statement relating to the Company’s initial public offering, the Company maintained the investment of funds held in the Trust Account in U.S. government securities within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940, as amended (the “Investment Company Act”), with a maturity of 185 days or less or in money market funds investing solely in United States government treasury obligations and meeting the conditions of paragraphs (d)(1), (d)(2), (d)(3) and (d)(4) of Rule 2a-7 under the Investment Company Act (or any successor rule). Following the 24-month anniversary of the effective date of the registration statement relating to the Company’s initial public offering, the Company has instructed Continental Stock Transfer & Trust Company, the trustee with respect to the Trust Account, to liquidate the U.S. government treasury obligations or money market funds held in the Trust Account and thereafter to hold all funds in the Trust Account in an interest bearing bank demand deposit account until the earlier of consummation of our initial business combination or liquidation of the Company. The current yield on the funds held in the Trust Account as of October 1, 2024 is 3.72%. A portion of the interest earned on the funds held in the Trust Account may be released to us to pay our taxes, if any, and certain other expenses as permitted.

To exercise your redemption rights, you must tender your shares to the Company’s transfer agent at least two business days prior to the special meeting (or by 5:00 p.m. on August 12, 2025 Eastern Time). You may tender your shares by either delivering your share certificate to the transfer agent or by delivering your shares electronically using the Depository Trust Company’s DWAC (Deposit/Withdrawal At Custodian) system. If you hold your shares in street name, you will need to instruct your bank, broker or other nominee to withdraw the shares from your account in order to exercise your redemption rights.

As of July 11, 2025, there was approximately $9.95 million in the Trust Account, and the estimated redemption price is approximately $12.76 per share before deducting estimated taxes payable, and