Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 326

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 326
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 redemption of $36,281,990 offset by accretion to the redemption
value of $1,299,939 and amounts due from Sponsor of $361,843 during the nine months ended September 30, 2024.

As
of September 30, 2024 and December 31, 2023, the shares of common stock reflected on the unaudited condensed balance sheets are reconciled
in the following table.

| Ending Balance as of December 31, 2022              |     | $ | 118,466,326 |   |
| Redemption of Class A common stock                  |     |   | (64,238,888 | ) |
| Remeasurement of carrying value to redemption value |     |   |   6,552,136 |   |
| Due from Sponsor                                    |     |   |     447,229 |   |
| Ending Balance as of December 31, 2023              |     |   |  61,226,803 |   |
| Redemption of Class A common stock                  |     |   | (36,281,990 | ) |
| Remeasurement of carrying value to redemption value |     |   |     615,511 |   |
| Due from Sponsor                                    |     |   |     361,843 |   |
| Ending Balance as of March 31, 2024                 |     |   |  25,922,167 |   |
| Remeasurement of carrying value to redemption value |     |   |     340,437 |   |
| Ending Balance as of June 30, 2024                  |     |   |  26,262,604 |   |
| Remeasurement of carrying value to redemption value |     |   |     343,991 |   |
| Ending Balance as of September 30, 2024             |     | $ |  26,606,595 |   |

| 169 |

Net Income (Loss) Per Share

Net
income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding
during the period. The Company applies the two-class method in calculating earnings per share. Earnings and losses are shared pro rata
between the two classes of shares. As of September 30, 2024 and 2023, the calculation of diluted income (loss) per share of common stock
does not consider the effect of