Company: FTII
Filing Date: 2025-01-21
Form Type: 10-Q/A
Source: 0001493152-25-003104
Chunk: 43

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-01-21
Form: 10-Q/A
Chunk 43
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----|:-----------------|--------------:|:--|:----|:---------------|:---------|:--|:----|:-----------------|--------------:|:--|:----|:---------------|:---------|:--|
|                                                                                   |     | Redeemable       |               |   |     | Non-redeemable |          |   |     | Redeemable       |               |   |     | Non-redeemable |          |   |
| Basic and diluted net income (loss) per share of common stock Numerator: Interest |     | $                |       819,427 |   |     | $              | -        |   |     | $                |     2,756,883 |   |     | $              | -        |   |
| Less: Allocation of expenses                                                      |     |                  |      (344,475 | ) |     |                | (389,794 | ) |     |                  |      (852,889 | ) |     |                | (260,322 | ) |
| Less: Accretion of carrying value to redemption value                             |     |                  |      (649,442 | ) |     |                | -        |   |     |                  |             - |   |     |                |          |   |
| Total                                                                             |     | $                |      (174,490 | ) |     | $              | (389,794 | ) |     | $                |     1,903,994 |   |     | $              | (260,322 | ) |
| Basic and diluted net income (loss) per share of common stock                     |     | $                |         (0.06 | ) |     | $              | (0.11    | ) |     | $                |          0.17 |   |     | $              | (0.07    | ) |

| 8 |

Recent Accounting Standards

Management does not believe that any recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on our unaudited condensed financial statements.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Not required for smaller reporting companies.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Disclosure controls are procedures that are designed with the objective of ensuring that information required to be disclosed in our reports filed under the Exchange Act, such as this Report, is recorded,