Company: FTII
Filing Date: 2025-04-09
Form Type: 10-K
Source: 0001641172-25-003384
Chunk: 802

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-04-09
Form: 10-K
Item: Item 1C
Chunk 802
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 February
26, 2025. On February 25, 2025, the Company received a letter of approval from FINRA to begin trading over the counter with the symbols
“FTII” “FTIIU” and “FTIIW” commencing on February 26, 2025. The Company expects that Nasdaq will
file a Form 25-NSE with the SEC to delist its securities, and that the delisting will become effective ten (10) days after Nasdaq files
the Form 25 with the SEC to complete the delisting. The Company does not intend to file a Form 15 with the SEC to terminate the registration
of its securities under the Securities Exchange Act of 1934, as amended, and expects that the Company’s securities will be quoted
on the over-the-counter market.

If
this were to occur, we could face significant material adverse consequences, including our ability to consummate the Business Combination;
reduced liquidity for our securities; a limited availability of market quotations for our securities; a determination that our shares
of common stock are a “penny stock” which will require brokers trading in our shares of common stock to adhere to more stringent
rules and possibly result in a reduced level of trading activity in the secondary trading market for our securities; a decreased ability
to issue additional securities or obtain additional financing in the future; a limited amount of news and analyst coverage; and becoming
a less attractive merger partner for a target company or business. We also note that if Nasdaq delists the Company’s securities
from trading on its exchange and the Company is not able to list its securities on another national securities exchange, it may affect
the Company’s ability to consummate its planned Business Combination with Longevity.

In
addition, the Company’s ability to consummate a transaction may be dependent on the ability to raise equity or debt financing which
may be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party financing
being unavailable on terms acceptable to the Company or at all. The impact of this action and related sanctions on the world economy
and the specific impact on the Company’s financial position, results of operations and/or ability to consummate a Business Combination
are not yet determinable. The financial statements do not include any adjustments that might result from the outcome of this
uncertainty.

Note
2 - Summary of Significant Accounting Policies

Basis
of Presentation

The accompanying financial statements have been prepared in