Company: FTII
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001641172-25-025250
Chunk: 40

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-08-22
Form: 10-Q
Item: Item 8
Chunk 40
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 $25,000 and $0.033 for each outstanding share of common stock sold in the Company’s
initial public offering into the Trust Account, as defined in the Charter, for each one-month extension.

In
connection with the stockholders’ vote at the Special Meeting on August 14, 2025, 228,287 shares were tendered for redemption.

On
August 15, 2025, the Company deposited $18,203 or $0.033 for each outstanding share of common stock sold in the Company’s initial
public offering into the Trust Account to extend the Business Combination Period from August 18, 2025 to September 18, 2025.

F-22

Item
2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

References
to the “Company,” “us,” “our” or “we” refer FutureTech II Acquisition Corp. The following
discussion and analysis of our financial condition and results of operations should be read in conjunction with our unaudited condensed
financial statements and the notes related thereto contained elsewhere in this report on Form 10-Q. Certain information contained in
the discussion and analysis set forth below includes forward-looking statements. Our actual results may differ materially from those
anticipated in these forward-looking statements as a result of many factors

Overview

We
are a blank check company incorporated in Delaware on August 19, 2021. We were formed for the purpose of effecting a merger, capital
stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business
Combination”). We are an emerging growth company and, as such, we are subject to all of the risks associated with emerging growth
companies. We intend to effectuate our Business Combination using cash from the proceeds of the Initial Public Offering and the sale
of the Private Warrants, our capital stock, debt or a combination of cash, stock and debt.

We
expect to continue to incur significant costs in the pursuit of our initial Business Combination. We cannot assure you that our plans
to raise capital or to complete our initial Business Combination will be successful.

Extension
of Combination Period and Extension Loans

As
approved by our stockholders at the special meeting of stockholders held on August 17, 2023 (the “First Extension Meeting”),
we entered into an amendment to the Investment Management Trust Agreement, dated as of February 18, 2022 (the “Trust Agreement”),
with Continental