Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 321

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 321
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daq dated November 27, 2024 (the “Third Notice”).
The Third Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Periodic Filing Rule”)
as a result of its failure to timely file the 2024 Q3 10-Q. The Staff also noted that this serves as an additional basis for delisting
the Company’s securities from Nasdaq and since the Company is already scheduled to appear before a Hearings Panel for its failure
to comply with the Nasdaq Listing Rule 5420(a)(2), the Company had until December 4, 2024 to request a stay of suspension, pending
a Hearings Panel decision. In addition, the Staff noted that based on the Company disclosure that 1,564,549 shares were tendered for
redemption following the special meeting on November 18, 2024 (though only 1,539,549 were ultimately redeemed after certain stockholders
elected to reverse their previous election to redeem such shares), the Company no longer complied with the minimum 1,100,000
publicly held shares requirement set forth in Listing Rule 5450(b)(2)(B) (the “Publicly Held Shares Rule”).

On
December 4, 2024, the Company timely submitted a letter requesting a stay of suspension. On December 9, 2024, the Company submitted an
updated information regarding the total number of listed securities and the total number of public shares and related information via
Nasdaq Listing Center. The Hearing was held on December 17, 2024.

On
January 15, 2025, the Company received a decision letter from the Panel stating that it grants the Company’s request for
continued listing on Nasdaq, provided that the demonstrates compliance with the Periodic Filing Rule on or before January 31, 2025. As
of January 28, 2025, the Company completed all filing of its periodic reports with the SEC, and the management believes that as of the
date of this filing of Form S-4, the Company is in full compliance with the listing standards of the Nasdaq Capital Market.

On
February 12, 2025, the Company received a letter from Nasdaq confirming that the Company is in compliance with all of Nasdaq’s
listing requirements.

The
Company intends to monitor its MVLS and the number of holders of its shares between now and the Closing