Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 302

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 302
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 its
shares of FutureTech Common Stock and, to the extent such distribution exceeds the Non-U.S. holder’s adjusted tax basis, as gain
realized from the sale of the shares of FutureTech Common Stock, as described below.

To the extent
the redemption of a Non-U.S. holder’s shares of FutureTech Common Stock are treated as a sale of stock by the Non-U.S. holder under
Section 302 of the Code, as discussed above under the section entitled “— Redemption of a U.S. Holder’s Shares of FutureTech Common Stock Pursuant to the FutureTech Stockholder Redemption,” a Non-U.S. holder generally will not be subject
to U.S. federal income or withholding tax in respect of any gain recognized on such redemption unless such gain is effectively connected
with such Non-U.S. holder’s conduct of a trade or business within the United States or we have been a “United States real
property holding corporation” during the applicable testing period.

Reporting and Backup Withholding

Following the
Effective Date, FutureTech will prepare and file in accordance with Treasury Regulations (including by posting a copy on the investor
relations section of its website) an IRS Form 8937 with respect to the Business Combination. It is anticipated that information regarding
the qualification of the Business Combination as either a Section 351 Exchange or a Reorganization will be made available on such Form
8937 following the consummation of the Business Combination. A Non-U.S. holder will not be subject to U.S. backup withholding if it provides
a certification of exempt status (on an appropriate IRS Form W-8 or an applicable substitute form). Any amounts withheld under the backup
withholding rules will be allowed as a refund or a credit against the Non-U.S. holder’s U.S. federal income tax liability, provided
the required information is furnished to the IRS in a timely manner. The IRS may impose a penalty upon any taxpayer that fails to provide
the correct taxpayer identification number.

Information returns
will be filed with the IRS in connection with payments resulting from the redemption of shares of FutureTech Common Stock. Backup withholding
may apply to such payments if the U.S. holder fails to provide a taxpayer identification number or a certification of exempt status, or
if the U.S. holder has been notified by the IRS that it is subject to backup withholding (and such notification has not been withdrawn).

A Non-U.S. holder
may have to comply with certification procedures to establish that it is not a United States person