Company: FTII
Filing Date: 2025-04-09
Form Type: 10-K
Source: 0001641172-25-003384
Chunk: 68

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-04-09
Form: 10-K
Item: Item 9B
Chunk 68
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 other than those noted below, that would have required adjustment or disclosure in the financial
statements.

Extension
Loans

On
January 18, 2025, the Company caused to be deposited $37,744
into the Company’s Trust account, allowing
the Company to extend the period of time it has to consummate its initial Business Combination from January 18, 2025 to February 18,
2025. On February 18, 2025, the Company caused to be deposited $37,744
into the Company’s Trust account, allowing
the Company to extend the period of time it has to consummate its initial Business Combination from February 18, 2025 to March 18, 2025.
On March 18, 2025, the Company caused to be deposited $37,744
into the Company’s Trust account, allowing
the Company to extend the period of time it has to consummate its initial Business Combination from March 18, 2025 to April 18, 2025.

    F-23

Note
11 – Subsequent Events (Continued)

PIPE
Subscription Agreement

On
January 31, 2025, a Subscription Agreement (defined below) with an Investor (defined below) became effective as follows: On December
13, 2024, the Company signed a Subscription Agreement (the “Subscription Agreement”) with Yuantian Zhang (the “Investor”),
pursuant to which, among other things, the Investor agreed to subscribe for and purchase, and the Company agreed to issue and sell to
the Investor, 1,000,000 shares of the Company’s Class A Common Stock at a purchase price equal to $5.00 per share (the “Private
Placement”) in connection with a financing effort related to the Merger Agreement. The effectiveness of the Subscription Agreement
is conditioned upon entering into an escrow agreement between the Company and the Investor. In addition, the closing of the Private Placement
is contingent upon the concurrent consummation of the Business Combination with Longevity.

On
January 31, 2025, in connection with the Subscription Agreement, the Company and the Investor signed an escrow agreement dated January
23, 2025 (the “Escrow Agreement”), pursuant to which the Company agreed to issue additional 2,000,000 shares of Class A Common
Stock (the “Escrow Shares”, together with any dividends, distributions or other income on the Escrow Shares, the “