Company: FTII
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001641172-25-025250
Chunk: 37

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-08-22
Form: 10-Q
Item: Item 8
Chunk 37
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, holders of Public Warrants will not receive
any of such funds with respect to their Public Warrants, nor will they receive any distribution from the Company’s assets held
outside of the Trust Account with respect to such Public Warrants. Accordingly, the Public Warrants may expire worthless.

The
Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering.

NOTE
8 - Fair Value Measurements

The
Company follows the guidance in ASC 820 for its financial assets that are re-measured and reported at fair value at each reporting period.

The
following table presents information about the Company’s assets that are measured at fair value at June 30, 2025 and December 31,
2024, and indicates the Fair Value Hierarchy of the valuation inputs the Company utilized to determine such fair value:

 Schedule of Assets Measured at Fair Value

    Description: 
    Level  
    June 30, 2025  
    December 31, 2024 
  
    Assets: 

    Interest Bearing Bank Demand Deposit held in trust account 
     1  
    $9,133,890  
    $26,447,350 

    F-21

Note
9 – Segment Information 

ASC
Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about
operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise
for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker,
or group, in deciding how to allocate resources and assess performance.

The
Company’s chief operating decision maker has been identified as the Chief Executive Officer (“CODM”), who reviews the
operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly,
management has determined that the Company only has one operating segment.

When
evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics,
formation and operational costs and interest earned on cash held in Trust Account which include the accompanying unaudited condensed
statements of operations.

The
key measures of segment profit or loss reviewed by our CODM are interest earned on cash held in Trust Account and formation and operational
costs. The CODM reviews interest earned on cash held in Trust Account to measure and monitor stockholder value and determine the most
effective strategy of investment with the Trust