Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 524

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 524
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 subsequent to the consummation of a Business Combination. Notwithstanding anything to the contrary, the underwriters (and/or their designees) may participate in a “piggy-back” registration only during the seven-year period beginning on the effective date of the Initial Public Offering. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

Underwriting Agreement

The underwriter was paid a cash underwriting discount of one and a half percent ( 1.50%) of the gross proceeds of the Initial Public Offering, or $ 1,725,000. In addition, the underwriter is entitled to a deferred fee of three and a half percent ( 3.50%) of the gross proceeds of the Initial Public Offering, or $ 3,450,000. The deferred fee was placed in the Trust Account and will be paid in cash upon the closing of a Business Combination, subject to the terms of the underwriting agreement. In addition, the Company issued EF Hutton and/or its designees, 115,000shares of Class A common stock upon the consummation of the Initial Public Offering.

Right of First Refusal

For a period beginning on the closing of the Initial Public Offering and ending twenty-four (24) months from the closing of a Business Combination, the Company granted EF Hutton, division of Benchmark Investments, LLC a right of first refusal to act as lead-left book running manager and lead left manager for any and all future private or public equity, convertible and debt offerings during such period.

Note 7 - Stockholders’ Deficit

Preferred Shares- The Company is authorized to issue 1,000,000preferred shares with a par value of $ 0.0001per share with such designation, rights and preferences as may be determined from time to time by the Company’s Board of Directors. At September 30, 2024 and December 31, 2023, there were nopreferred shares issued or outstanding.

Class A Common Stock- The Company is authorized to issue 100,000,000shares of Class A common stock with a par value of $ 0.0001per share. Holders of the Company’s Class A common stock are entitled to one vote for each share.At September 30, 2024 and December 31, 2023, there were 635,075shares of Class A common stock issued and outstanding, which included 115,000representative shares and excludes shares subject to possible redemption. As of September 30