Company: FTII
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011790
Chunk: 67

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 2
Chunk 67
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6, 2025, the Trustee of the Trust Account commenced the claw-back process in
connection with the First Extension Overpayment Amount and the First Extension Overpayment is reflected in this Form 10-Q as a
receivable from the Sponsor as agreed by the Sponsor. This amount will be reduced as the Company receives the claw back payments
from the First Extension Redeeming Stockholders.

 3 

On February 17, 2023 the
Company caused to be deposited $1,150,000 into the Company’s Trust Account for its public stockholders, representing $0.10 per public
share, allowing the Company to extend the period of time it has to consummate its initial Business Combination by three months from February
18, 2023 to May 18, 2023. On May 17, 2023 the Company caused to be deposited $1,150,000 into the Company’s Trust Account for its
public stockholders, representing $0.10 per public share, allowing the Company to extend the period of time it has to consummate its initial
Business Combination by three months from May 18, 2023 to August 18, 2023. On August 18, 2023, the Company caused to be deposited $125,000
into the Company’s Trust Account, allowing the Company to extend the period of time it has to consummate its initial Business Combination
from August 18, 2023 to September 18, 2023. On September 26, 2023, the Company caused to be deposited $125,000 into the Company’s
Trust Account, allowing the Company to extend the period of time it has to consummate its initial Business Combination from September
18, 2023 to October 18, 2023. On October 18, 2023, the Company caused to be deposited $125,000 into the Company’s Trust Account,
allowing the Company to extend the period of time it has to consummate its initial Business Combination from October 18, 2023 to November
18, 2023. On November 17, 2023, the Company caused to be deposited $125,000 into the Company’s Trust Account, allowing the Company
to extend the period of time it has to consummate its initial Business Combination from November 18, 2023 to December 18, 2023. On December
18, 2023, the Company caused to be deposited $125,