Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 313

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 313
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, as such, we are subject to all of the risks associated with emerging growth
companies. We intend to effectuate our Business Combination using cash from the proceeds of the Initial Public Offering and the sale of
the Private Warrants, our capital stock, debt or a combination of cash, stock and debt.

We
expect to continue to incur significant costs in the pursuit of our initial Business Combination. We cannot assure you that our plans
to raise capital or to complete our initial Business Combination will be successful.

Extension of Combination Period

As approved by its stockholders
at the special meeting of stockholders held on August 17, 2023 (the “First Extension Meeting”), we filed an amendment to our Charter with the Delaware Secretary of State on August 17, 2023 (the
“First Charter Amendment”), to extend the date by which we have to consummate a business combination for an additional six
months, from August 18, 2023 to up to February 18, 2024, by electing to extend the date to consummate an initial business combination
on a monthly basis for up to six times by an additional one month each time after the Termination Date, until February 18, 2024 or a
total of up to six months after the Termination Date, or such earlier date as determined by the Board, unless the closing of our initial
business combination shall have occurred (the “Extension,” and such later date, the “Extended Termination Date”),
provided that the Sponsor (or its affiliates or permitted designees) will deposit into the Trust Account the lesser of: (i) $125,000
and (ii) an aggregate amount equal to $0.04 multiplied by the number of our public shares that are not redeemed for each such one-month
extension unless the closing of our initial business combination shall have occurred, in exchange for a non-interest bearing, unsecured
promissory note payable upon consummation of a business combination.

In connection with the votes
to approve the First Charter Amendment, the holders of 5,943,650 public shares of our Class A common stock properly exercised
their right to redeem their shares for cash at a redemption price of approximately $10.81 per share (the “First Redemption Payment”),
for an aggregate redemption amount of approximately $64.2 million. It was later determined that the Company did not withdraw all of the
interest from the Trust Account that it was allowed to withdraw to cover income and franchise taxes and