Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 320

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 320
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 a notice from the Staff (the “Staff’s Determination”) stating that the Company
had not regained compliance with Market Value Standard and other listing standards referenced above and the Company’s securities
would be delisted from the Nasdaq Global Market unless the Company requested an appeal of Staff’s Determination by October 30,
2024 or applied to list its securities on The Nasdaq Capital Markets by October 30, 2024.

On
October 29, 2024, the Company timely appealed the Staff’s Determination and requested for a hearing (the “Hearing”)
to Panel. On October 30, 2024, the Company received a letter from Nasdaq stating that the delisting action was stayed, pending
a final written decision by the Panel, and that the date of the Hearing was set on December 17, 2024. The letter also contained
hearing instructions. On November 27, 2024, the Company timely submitted written materials setting forth grounds for additional time
to regain compliance or alternatively grant the Company’s application to transfer its shares to list on the Nasdaq Capital Market.

On
November 27, 2024, the Company submitted an application to transfer from the Nasdaq Global Market to the Nasdaq Capital Market. On December
11, 2024, the Company received a letter from Nasdaq, approving the Company’s transfer to the Nasdaq Capital Market.

In
order to regain compliance with Nasdaq, the Company held the Third Extension Meeting on November 18, 2024 at which the stockholders approved
the Founder Share Amendment, pursuant to which all holders of shares of Class B Common Stock promptly elected to convert all 2,875,000
shares of Class B Common Stock to 2,875,000 shares of Class A Common Stock. As a result, as of December 3, 2024, the Company had
approximately 5,305,595 shares of issued and outstanding listed securities. As a result, the Company met all listing standards of the
Nasdaq Capital Markets.

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As
disclosed in a Form 12b-25 Notification of Late Filing filed with the SEC on November 15, 2024, the Company was delayed in filing
its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the “2024 Q3 10-Q”) with the SEC. Consequently,
the Company received an expected deficiency notification letter from the Staff of Nas