Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 304

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 304
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IFIC
TAX CONSEQUENCES TO THEM OF THE APPLICABILITY AND EFFECT OF U.S. FEDERAL, STATE, LOCAL, NON-U.S. AND OTHER TAX LAWS.

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<div align='center'>INFORMATION ABOUT FUTURETECH</div>

General

FutureTech is
a blank check company incorporated in Delaware on August 19, 2021 for the purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with one or more businesses or entities. FutureTech has neither engaged
in any operations nor generated any revenue to date. Based on FutureTech’s business activities, it is a “shell company”
as defined under the Exchange Act because it has no operations and nominal assets consisting almost entirely of cash.

FutureTech is
not presently engaged in and FutureTech will not engage in, any substantive commercial business until it completes the Business Combination
with Longevity or another target business.

Initial Public Offering

On February 18,
2022, FutureTech consummated its Initial Public Offering of 11,500,000 FutureTech Units at $10.00 per Unit, generating gross proceeds
of $115,000,000 (the “Initial Public Offering”), including full exercise of the underwriters’ option to purchase additional
Units.

Simultaneously
with the consummation of the closing of the Initial Public Offering, FutureTech consummated the private placement of an aggregate of 520,075
units (the “Placement Units”) to the Sponsor at a price of $10.00 per FutureTech Private Placement Unit, generating total
gross proceeds of $5,200,750 (the “Private Placement”). The FutureTech Private Placement Units were issued pursuant to Section
4(a)(2) of the Securities Act of 1933, as amended, as the transactions did not involve a public offering.

A total of $117,300,000,
comprised of the proceeds from the Initial Public Offering and the proceeds of private placements that closed on February 18, 2022, net
of the underwriting commissions, discounts, and offering expenses, was deposited in a trust account established for the benefit of FutureTech’s
public stockholders.

Extension of Combination Period

On February 17,
2023 the Company caused to be deposited $1,150,000 into the Company’s Trust Account for its public stockholders, representing $0.10
per public share, allowing the Company to extend the period of time it