Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 311

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 311
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 holders of Class A Common Stock the right to have their shares redeemed in connection with our initial business
combination or to redeem 100% of the issued and outstanding shares of Class A Common Stock if we do not complete an initial business combination
by August 18, 2025 or (ii) with respect to any other provision relating to the rights of holders of Class A Common Stock, and (c) the
redemption of Class A Common Stock if we have not consummated an initial business combination by August 18, 2025, subject to applicable
law.

In no other circumstances
will a FutureTech stockholder have any right or interest of any kind to or in the Trust Account. A FutureTech stockholder’s voting
in connection with the Business Combination alone will not result in such stockholder’s redeeming its Class A Common Stock for an
applicable pro rata share of the Trust Account. Such stockholder must have also exercised its redemption rights described above.

Limitation on Redemption Rights

Notwithstanding the
foregoing, if FutureTech seeks stockholder approval of its initial business combination and it does not conduct redemptions in connection
with such business combination pursuant to the tender offer rules, the Amended and Restated Certificate of Incorporation provides that
a public stockholder, including FutureTech’s affiliates, together with any affiliate of such stockholder or any other person with
whom such stockholder is acting in concert or as a “group” (as defined under Section 13 of the Exchange Act), will be restricted
from seeking redemption rights with respect to more than an aggregate of 15% of the shares sold in FutureTech’s Initial Public Offering,
referred to as the “Excess Shares.” FutureTech believes this restriction will discourage stockholders from accumulating large
blocks of shares, and subsequent attempts by such holders to use their ability to exercise their redemption rights against a proposed
business combination as a means to force FutureTech or FutureTech management to purchase their shares at a significant premium to the
then-current market price or on other undesirable terms. Absent this provision, a public stockholder holding more than an aggregate of
15% of the shares sold in FutureTech’s Initial Public Offering could threaten to exercise its redemption rights if such holder’s
shares are not purchased by FutureTech or FutureTech management at a premium to the then-current market price or on other undesirable
terms. By limiting FutureTech stockholders’ ability to redeem no more than 15% of the shares sold in