Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 50

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 50
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 interests in the Business Combination as individuals that are in addition to, and that may be different from, the interests of FutureTech’s stockholders generally. For instance, the Sponsor, and the officers and directors of FutureTech who have invested in the Sponsor entity, will benefit from the completion of a business combination and may be incentivized to complete an acquisition of a less favorable target company or on terms that would be less favorable to FutureTech Stockholders. See “Risk Factors” relate to potential conflicts of interest.

Readiness to be a Public Company; Compliance Infrastructure. As Longevity has not previously been a public company, Longevity may not have all the different types of employees necessary for it to timely and accurately prepare reports for filing with the SEC. There is a risk that Longevity will not be able to hire the right people to fill in these gaps by the time of the Closing or that additional issues could arise after the Closing due to its failure to have hired qualified people. In addition, Longevity’s compliance infrastructure may not be mature enough to be able to keep pace with the increased compliance risks presented by its growth.

Post-Business Combination Corporate Governance.The FutureTech Board considered the corporate governance provisions of the Merger Agreement and combined company’s anticipated organizational documents and the effect of those provisions on the governance of FutureTech following the Closing. In particular, they considered that, assuming no redemptions by 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.”

For a more complete description of the FutureTech Board’s reasons for approving the Business Combination