Company: FTII
Filing Date: 2025-07-17
Form Type: PRE 14A
Source: 0001641172-25-020051
Chunk: 22

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-07-17
Form: PRE 14A
Chunk 22
---
 an amendment to FutureTech’s Charter, including any amendment that would extend its corporate existence beyond August 18, 2025. Additionally, FutureTech’s Charter requires that all public stockholders have an opportunity to redeem their public shares in the case FutureTech’s corporate existence is extended. We believe that this charter provision was included to protect FutureTech stockholders from having to sustain their investments for an unreasonably long period if FutureTech failed to find a suitable business combination in the timeframe contemplated by the charter. We also believe, however, that given FutureTech’s expenditure of time, effort and money on the potential business combinations with the targets it has identified and FutureTech has entered into the Merger Agreement with a target, circumstances warrant providing those who would like to consider whether a potential business combination with one or more of such targets is an attractive investment with an opportunity to consider such transaction, inasmuch as FutureTech is also affording stockholders who wish to redeem their public shares the opportunity to do so, as required under its charter. Accordingly, we believe the Extension is consistent with FutureTech’s charter and IPO prospectus.

| 3 |

Q. How do the FutureTech insiders intend to vote their shares?

A.All of FutureTech’s directors, executive officers, initial stockholders, the Sponsor and their respective affiliates are expected to vote any common stock over which they have voting control (including any public shares owned by them) in favor of the Charter Amendment Proposal and Adjournment Proposal.

FutureTech’s directors, executive officers, initial stockholders and their respective affiliates are not entitled to redeem their founder shares. With respect to shares purchased on the open market by FutureTech’s directors, executive officers, initial stockholders and their respective affiliates, such public shares may be redeemed. On the record date, FutureTech’s directors, executive officers, initial stockholders and their affiliates beneficially owned and were entitled to vote 2,845,000 founder shares and 520,075 shares of Class A Common Stock, representing approximately 61.2% of FutureTech’s issued and outstanding common stock. FutureTech’s directors, executive officers, initial stockholders and their affiliates did not beneficially own any public shares as of such date.

FutureTech’s directors, executive officers, initial stockholders and their affiliates may choose to buy public shares in the open market and/or through negotiated private purchases. In the event that purchases do occur, the purchasers may seek to purchase shares from stockholders who would otherwise have voted against the Charter Amendment Proposal. Any public shares