Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 96

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 96
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 redemption. However, pursuant to the warrant agreement, in the event FutureTech decides to redeem the warrants, FutureTech is required to mail notice of such redemption to the registered warrant holders not less than 30 days prior to the redemption date. The warrants may be exercised any time after notice of redemption is given and prior to the redemption date. None of the FutureTech Private Placement Warrants will be redeemable by FutureTech so long as they are held by FutureTech’s Sponsor or its permitted transferees; provided the FutureTech Private Placement Warrants may be redeemed in accordance with the warrant agreement (and must be redeemed if the public warrants are being redeemed) if the Reference Value does not equal or exceed $18.00 per share.

If FutureTech’s due diligence investigation of Longevity was inadequate, then FutureTech’s stockholders could lose some or all of their investment.

Even though FutureTech conducted a due diligence investigation of Longevity, Aegeria, and Cerevast, FutureTech cannot be sure that this diligence uncovered all material issues that may be present with respect to their respective businesses, or that it would be possible to uncover all material issues through a customary amount of due diligence, or that factors outside of their respective control will not later arise that could adversely affect their respective businesses, financial condition or results of operations.

FutureTech’s Combination Period ending on August 18, 2025 contravenes Nasdaq rules and, as a result, may lead Nasdaq to suspend trading FutureTech’s securities or lead FutureTech’s securities to be delisted from Nasdaq. If the Company’s securities are delisted from Nasdaq, the Company’s common stock would be deemed a “penny” stock and the Company may become subject to the requirements of Rule 419 to which it is not currently subject. This may adversely affect the liquidity and trading of our securities and may impact our ability to complete a business combination.

Shares of FutureTech’s Class A Common Stock and public warrants are listed on Nasdaq. Nasdaq IM-5101-2 requires that FutureTech, a special purpose acquisition company, complete one or more business combinations within 36 months of the effectiveness of its initial public offering registration statement, which, in the case of FutureTech, would be February 14, 2025. If FutureTech is unable to complete an initial business combination by February 14, 2025, it would violate Nasdaq IM-5101-2. Effective on October 7, 2024, Nasdaq Rule 581