Company: FTII
Filing Date: 2025-04-09
Form Type: 10-K
Source: 0001641172-25-003384
Chunk: 225

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-04-09
Form: 10-K
Item: Item 11
Chunk 225
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 procedures included examining, on a test basis, evidence regarding
the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant
estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits
provides a reasonable basis for our opinion.

/s/
Adeptus Partners, LLC

Adeptus
Partners, LLC

    We
    have served as the Company’s auditor since 2021.

    Ocean,
    New Jersey

    April 8, 2025

    PCAOB
    ID: 3686

F-2

FUTURETECH
II ACQUISITION CORP.

BALANCE
SHEETs

    December 31,  
    December 31, 

    2024  
    2023 

    ASSETS 

    Current Assets: 

    Cash 
    $56,768  
    $17,578 
  
    Prepaid expenses 
     -  
     64,043 
  
    Due from related party 
     75,000  
     - 
  
    Extension fee receivable 
     -  
     125,000 
  
    Due from Sponsor 
     1,540,984  
     1,179,141 
  
    Due from Sponsor and
    related party 
     1,540,984  
     1,179,141 

    Total Current Assets 
     1,672,752  
     1,385,762 

    Interest Bearing Bank Demand Deposit held in
    Trust Account 
     26,447,350  
     61,839,164 

    Total Assets 
    $28,120,102  
    $63,224,926 

    LIABILITIES AND STOCKHOLDERS’
    DEFICIT 

    Current Liabilities: 

    Accounts payable and accrued expenses 
    $1,148,902  
    $295,137 
  
    Excise tax payable 
     1,170,089  
     642,389 
  
    Franchise tax payable 
     128,914  
     94,364 
  
    Income tax payable 
     299,105  
     1,087,603 
  
    Other Payable 
     17,744,312  
     -