Company: FTII
Filing Date: 2025-04-09
Form Type: 10-K
Source: 0001641172-25-003384
Chunk: 351

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-04-09
Form: 10-K
Item: Item 8
Chunk 351
---
2023 
  
    EXPENSES 

    Administrative fee - related party 
    $120,000  
    $120,000 
  
    Franchise tax 
     200,000  
     200,000 
  
    General and administrative 
     1,494,864  
     742,699 
  
    TOTAL
    EXPENSES 
     1,814,864  
     1,062,699 

    OTHER INCOME 

    Interest earned on Interest Bearing Bank Demand
    Deposit held in Trust Account 
     1,342,491  
     4,809,102 
  
    Gain on forgiveness of debt 
     -  
     144,443 
  
    TOTAL
    OTHER INCOME 
     1,342,491  
     4,953,545 

    Pre-tax
    income (loss) 
     (472,373) 
     3,890,846 

    Income tax 
     (274,580) 
     (979,344)

    Net
    income (loss) 
    $(746,953) 
    $2,911,502 

    Weighted
    average number of shares of redeemable common stock outstanding, basic and diluted 
     2,536,540  
     9,285,380 
  
    Basic
    and diluted net income (loss) per share of redeemable common stock 
    $0.18  
    $0.21 

    Weighted
    average number of shares of non-redeemable common stock outstanding, basic and diluted 
     3,510,075  
     3,510,075 
  
    Basic
    and diluted net income (loss) per share of non-redeemable common stock 
    $(0.35) 
    $(0.16)

The
accompanying notes are an integral part of these financial statements.

F-4

FUTURETECH
II ACQUISITION CORP.

STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT

FOR
YEARS ENDED DECEMBER 31, 2024 AND DECEMBER 31, 2023

    Shares  
    Amounts  
    Shares  
    Amounts  
    Capital  
    Deficit  
    Deficit 

    Class A  
    Class