Company: FTII
Filing Date: 2025-04-09
Form Type: 10-K
Source: 0001641172-25-003384
Chunk: 541

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-04-09
Form: 10-K
Item: Item 1
Chunk 541
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 meeting on November 18, 2024, the Company no longer complies with the minimum 1,100,000 publicly held shares requirement
set forth in Listing Rule 5450(b)(2)(B) (the “Publicly Held Shares Rule”).

14

On
December 4, 2024, the Company timely submitted a letter requesting a stay of suspension. On December 9, 2024, the Company submitted an
updated information regarding the total number of listed securities and the total number of public shares and related information via
Nasdaq Listing Center. The Hearing was held on December 17, 2024.

On
January 15, 2025, the Company received a decision letter from the Panel stating that it grants the Company’s request for continued
listing on Nasdaq, provided that the demonstrates compliance with the Periodic Filing Rule on or before January 31, 2025.

On
February 12, 2025, the Company received a letter from Nasdaq stating that the Company had regained compliance with the listing rules
and the matter is now closed.

On
February 19, 2025, the Company received a notice from the Nasdaq stating that the Company did not comply with Nasdaq Interpretive Material
IM-5101-2, and that our securities are now subject to delisting. The Company’s registration statement, filed in connection with
the Company’s IPO, became effective February 14, 2022. Pursuant to IM-5101-2, the Company, a special purpose acquisition company,
must complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement. Since the Company
did not complete its initial business combination by February 14, 2025, the Company did not comply with IM-5101-2, and its securities
became subject to delisting. Unless the Company requested a timely appeal of this determination by Nasdaq, trading of the Company’s
securities on Nasdaq would be suspended at the opening of business on February 26, 2025, and a Form 25-NSE will be filed with the SEC
which will remove the Company’s securities from listing on Nasdaq.

The
Company did not appeal Nasdaq’s determination to delist the Company securities and accordingly, the Company’s securities
was suspended from trading on Nasdaq at the opening of business on February 26, 2025. On February 25, 2025, the Company