Company: FTII
Filing Date: 2025-07-17
Form Type: PRE 14A
Source: 0001641172-25-020051
Chunk: 21

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-07-17
Form: PRE 14A
Chunk 21
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 close the Business Combination; and that (2) stockholders should have an opportunity to evaluate an initial business combination, including the business combination contemplated under the Merger Agreement. Accordingly, the Board is proposing the Charter Amendment Proposal to extend the date by which FutureTech has to complete a business combination until the Extended Date and to allow for the Election.

The affirmative vote of the holders of at least sixty-five percent (65%) of all then outstanding shares of common stock is required to effect an amendment to FutureTech’s Charter, including any amendment that would extend its corporate existence beyond November 18, 2024. 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.

Q. Why should I vote for the Charter Amendment Proposal?

A.The Board believes that (1) with respect to the Merger Agreement that the Company entered into on September 16, 2024 with Longevity Biomedical Inc and other related parties thereto, the Company does not have sufficient to time to complete the Business Combination and it is in the best interests of FutureTech and the stockholders to continue FutureTech’s existence until the Extended Date to complete and close the Business Combination; and that (2) stockholders should have an opportunity to evaluate an initial business combination, including the business combination contemplated under the Merger Agreement. Accordingly, the Board is proposing the Charter Amendment Proposal to extend the date by which FutureTech has to complete a business combination until the Extended Date and to allow for the Election.

The affirmative vote of the holders of at least sixty-five percent (65%) of all then outstanding shares of common stock is required to effect