Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 73

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 73
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, or approximately $0.009 per share, and $5.2 million for the Private Placement Units), the Sponsor, its affiliates and FutureTech’s management team and advisors stand to earn a positive rate of return or profit on their investment, even if other stockholders, such as FutureTech’s public stockholders, experience a negative rate of return because the post-business combination company subsequently declines in value. Thus, the Sponsor, our officers and directors, and their respective affiliates may have more of an economic incentive for us to, rather than liquidate if we fail to complete our initial business combination by the Extended Date, enter into an initial business combination on potentially less favorable terms with a potentially less favorable, riskier, weaker-performing or financially unstable business, or an entity lacking an established record of revenues or earnings, than would be the case if such parties had paid the full offering price for their shares of Class B Common Stock.

The Sponsor (including its representatives and affiliates) and FutureTech’s directors and officers, are, or may in the future become, affiliated with entities that are engaged in a similar business to FutureTech. The Sponsor and FutureTech’s directors and officers are not prohibited from sponsoring, or otherwise becoming involved with, any other blank check companies prior to FutureTech completing its initial business combination. Moreover, certain of FutureTech’s directors and officers have time and attention requirements for investment funds of which affiliates of the Sponsor are the investment managers. FutureTech’s directors and officers also may become aware of business opportunities which may be appropriate for presentation to FutureTech, and the other entities to which they owe certain fiduciary or contractual duties. Accordingly, they may have had conflicts of interest in determining to which entity a particular business opportunity should be presented. These conflicts may not be resolved in FutureTech’s favor and such potential business opportunities may be presented to other entities prior to their presentation to FutureTech, subject to applicable fiduciary duties under the DGCL. FutureTech’s Amended and Restated Certificate of Incorporation (as amended) provides that FutureTech renounces its interest in any corporate opportunity offered to any director or officer of FutureTech unless such opportunity is expressly offered to such person solely in his or her capacity as a director or officer of FutureTech and it is an opportunity that FutureTech is able to complete on a reasonable basis.

FutureTech’s existing directors and officers will be eligible for continued indemnification and continued coverage under FutureTech’s directors’ and officers’ liability insurance after the Merger and pursuant to the Merger Agreement.