Company: FTII
Filing Date: 2025-04-09
Form Type: 10-K
Source: 0001641172-25-003384
Chunk: 439

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-04-09
Form: 10-K
Item: Item 1A
Chunk 439
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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 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.

21

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-NSE 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