Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 261

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 261
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 FutureTech stockholders, the Sponsor
Persons will control shares representing approximately 12.2% of FutureTech’s voting upon completion of the Business Combination,
will have significant influence over matters requiring shareholder approval, and have the right to designate a majority of directors to
the board of directors of FutureTech, as well as remove directors, for as long as it holds certain amounts of FutureTech shares and will
have a right to approve or reject transactions involving FutureTech, including mergers or other sales of FutureTech or its assets. Our
Sponsor may in certain circumstances have sufficient voting control over FutureTech to amend FutureTech’s governance documents and
the powers, preferences or other rights attached to FutureTech Class A Common Stock. See “Risk Factor” for detailed
discussions of conflict of interest. For a more complete description of the FutureTech Board’s reasons for approving the Business
Combination, including other factors and risks considered by the FutureTech Board, see the section entitled “Proposal No. 1 — The Business Combination Proposal — The FutureTech Board’s Reasons for the Approval of the Business Combination.”

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The FutureTech
Board concluded that the potential benefits that it expected FutureTech and FutureTech’s stockholders to achieve as a result of
the Business Combination outweighed the potentially negative factors and other risks associated with the Business Combination. The FutureTech
Board also noted that FutureTech stockholders would have a substantial economic interest in the combined company (depending on the level
of redemptions by FutureTech public stockholders). Accordingly, the FutureTech Board unanimously determined that the Merger Agreement,
the Transaction Agreements referenced therein, and the transactions contemplated thereby were advisable to and in the best interests of
FutureTech and its stockholders.

Interests of FutureTech’s
Directors and Executive Officers in the Business Combination

When you consider
the recommendation of the FutureTech Board in favor of approval of the Business Combination Proposal, you should keep in mind that the
initial stockholders, including FutureTech’s directors and executive officers, have interests in such proposal that are different
from, or in addition to, those of FutureTech’s stockholders generally. The members of the FutureTech Board were aware of and considered
these interests when approving the Merger Agreement and recommending that FutureTech stockholders approve the Business Combination. The
members of the FutureTech Board determined that the overall benefits expected to be received by FutureTech and its stockholders outweighed
any potential risk created by the conflicts stemming from these interests.