Company: FTII
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011790
Chunk: 33

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 8
Chunk 33
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 a vote of the Company’s stockholders except as otherwise required by
law. In connection with the Company’s initial Business Combination, the Company may enter into a shareholders agreement or other
arrangements with the shareholders of the target or other investors to provide for voting or other corporate governance arrangements that
differ from those in effect upon completion of the Initial Public Offering.

In the case that additional
shares of Class B Common Stock will be issued, pursuant to our Charter, these shares of Class B common stock will automatically convert
into Class A common stock at the time of a Business Combination, or earlier at the option of the holder, on a one-for-one basis, subject
to adjustment. In the case that additional shares of Class A common stock (other than founder shares), or equity-linked securities, are
issued or deemed issued in excess of the amounts issued in the Initial Public Offering and related to the closing of a Business Combination,
the ratio at which shares of Class B common stock shall convert into shares of Class A common stock will be adjusted (unless the holders
of a majority of the then-outstanding shares of Class B common stock agree to waive such adjustment with respect to any such issuance
or deemed issuance) so that the number of shares of Class A common stock issuable upon conversion of all shares of Class B common stock
plus the number of shares of Class A common stock issued as founder shares upon conversion of Class B common stock will equal, in the
aggregate, on an as-converted basis, 20% of the sum of the total number of all shares of common stock outstanding upon the completion
of Initial Public Offering plus all shares of Class A common stock and equity-linked securities issued or deemed issued in connection
with a Business Combination (net of the number of shares of Class A common stock redeemed in connection with a Business Combination),
excluding any shares or equity-linked securities issued or issuable to any seller of an interest in the target to the Company in a Business
Combination. With respect to the Converted Class A Common Stock, the Sponsor has waived its anti-dilution rights pursuant to the Merger
Agreement.

Warrants -
The Public Warrants will become exercisable 30 days after the completion of a Business Combination. The Public Warrants will expire five
years after the completion of a Business Combination or earlier upon redemption or liquidation.

The Company will not be obligated
to deliver any shares of Class A common stock pursuant to the exercise of a warrant and will have no obligation to settle such warrant