Company: FTII
Filing Date: 2025-07-31
Form Type: DEF 14A
Source: 0001641172-25-021616
Chunk: 39

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-07-31
Form: DEF 14A
Chunk 39
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 time how and to what extent it will apply to SPAC redemptions and liquidations, but since we are a publicly listed Delaware corporation, we are a “covered corporation” within the meaning of the IR Act. Consequently, our Board believes that, absent additional guidance and unless an exception is available, there is a significant risk that this excise tax will apply to any redemptions of our public shares after December 31, 2022. The Company confirms that amounts placed in the Trust Account in connection with the Company’s initial public offering and any Extension Payments, as well as any interest earned thereon, will not be used to pay for the Excise Tax.

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BACKGROUND

FutureTech

We are a blank check company incorporated as a Delaware corporation on August 19, 2021, for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. On February 18, 2022, we consummated our initial public offering of 11,500,000 units at $10.00 per unit, generating gross proceeds of $115,000,000, including full exercise of the underwriters’ option to purchase additional units. Each unit consists of one share of common stock and one redeemable warrant, with each warrant entitling the holder thereof to purchase one share of common stock at a price of $11.50 per share. Simultaneously with the consummation of our initial public offering, we consummated the private placement of 520,075 private units to FutureTech Partners II LLC at a price of $10.00 per private unit, generating gross proceeds of $5,200,750.

The mailing address of FutureTech’s principal executive office is FutureTech II Acquisition Corp., 128 Gail Drive, New Rochelle, NY 10805 and its telephone number is (914) 316-4805.

The Special Meeting

Date, Time and Place.The special meeting of FutureTech’s stockholders will be held on August 14, 2025 at 10:00 a.m., Eastern Time, at https://www.cstproxy.com/futuretechii/2025.

Voting Power; Record Date.You will be entitled to vote or direct votes to be cast at the special meeting, if you owned shares of FutureTech’s common stock at the close of business on July 11, 2025, the record date for the