Company: FTII
Filing Date: 2025-01-28
Form Type: 10-Q
Source: 0001493152-25-004006
Chunk: 44

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 redemption value of $11.47 and $11.02 per share as of September 30, 2024 and December 31, 2023 , respectively 
     26,606,595  
     61,226,803 

    Stockholders’ deficit: 

    Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding 
     -  
     - 
  
    Class A common stock, $0.0001 par value, 100,000,000 shares authorized, 635,075 issued and outstanding (excluding 2,319,435 and 5,556,350 shares subject to possible redemption and including 115,000 representative shares as of September 30, 2024 and December 31, 2023, respectively) 
     64  
     64 
  
    Class B common stock, $0.0001 par value, 10,000,000 shares authorized, 2,875,000 shares issued and outstanding 
     288  
     288 
  
    Common stock value 
     288  
     288 

    Accumulated deficit 
     (7,762,739) 
     (6,499,430)
  
    Total Stockholders’ Deficit 
     (7,762,387) 
     (6,499,078)
  
    Total Liabilities and Stockholders’ Deficit 
    $28,495,653  
    $63,224,926 

The
accompanying notes are an integral part of these unaudited condensed financial statements.

F-1

FUTURETECH
II ACQUISITION CORP.

CONDENSED
STATEMENTS OF OPERATIONS

(unaudited)

    For the Three Months Ended  
    For the Nine Months Ended 

    September 30,  
    September 30, 

    2024  
    2023  
    2024  
    2023 
  
    EXPENSES 

    Administrative fee - related party 
    $30,000  
    $30,000  
    $90,000  
    $90,000 
  
    Franchise tax 
     50,000  
     50,000  
     150,000  
     150,000 
  
    General and administrative 
     287