Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 525

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 525
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, 2024 and December 31, 2023, there were 2,319,435shares and 5,556,350shares subject to possible redemption, respectively, of Class A common stock that were classified as temporary equity in the accompanying unaudited condensed balance sheets.

| F-18 |

Note 7 - Stockholders’ Deficit (Continued)

Class B Common Stock -The Company is authorized to issue 10,000,000shares of Class B common stock with a par value of $ 0.0001per share. Holders of the Company’s Class B common stock are entitled to one vote for each share.At September 30, 2024 and December 31, 2023, there were 2,875,000shares of Class B common stock issued and outstanding.

At the Third Extension Meeting
held on November 18, 2024, stockholders approved by requisite votes to amend the Charter to provide for the right of the holders of Class
B common stock, par value $0.0001 per share, to convert such shares of Class B common stock into shares of Class A common stock, par value
$0.0001 per share, on a one-to-one basis at the election of such holders (the “Founder Share Amendment Proposal”). Following
approval of the Founder Share Amendment Proposal by the Stockholders, on November 21, 2024, the Company promptly adopted and filed the
Charter Amendment with the Secretary of State of the State of Delaware, and all holders of Class B Common Stock elected to convert their
shares of Class B Common Stock to shares of Class A Common Stock on a one-to-one basis (the “Converted Class A Common Stock”).
As of the date of this filing, there is no issued and outstanding shares of Class B Common Stock.

The Converted Class A Common Stock remain as founders’ shares (the “Founders’ Shares) and is not subject to redemption and will be subject to transfer restrictions. Only holders of the Class B common stock and the Founders’ Shares will have the right to vote on the election of directors prior to the Business Combination. Holders of Class A common stock and holders of Class B common stock will vote together as a single class on all matters submitted to a vote of the Company’s stockholders except as otherwise required by law. In connection with the Company’s initial Business Combination, the Company may enter into a shareholders agreement or other arrangements with the shareholders of the target or other investors to provide for voting