Company: FTII
Filing Date: 2025-04-09
Form Type: 10-K
Source: 0001641172-25-003384
Chunk: 576

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-04-09
Form: 10-K
Item: Item 1
Chunk 576
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 behalf such as identifying potential target businesses and
performing due diligence on suitable business combinations. There is no limit on the amount of out-of-pocket expenses reimbursable by
us.

After
our initial business combination, members of our management team who remain with us may be paid consulting, management, or other fees
from the combined company with any and all amounts being fully disclosed to stockholders, to the extent then known, in the proxy solicitation
materials furnished to our stockholders. The amount of such compensation may not be known at the time of a stockholder meeting held to
consider an initial business combination, as it will be up to the directors of the post-combination business to determine executive and
director compensation. In this event, such compensation will be publicly disclosed at the time of its determination in a Current Report
on Form 8-K, as required by the SEC.

Since
our formation, we have not granted any stock options or stock appreciation rights or any other awards under long-term incentive plans
to any of our executive officers or directors.

Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The
following table sets forth information regarding the beneficial ownership of our shares of common stock as of March 31, 2025, based on
information obtained from the persons named below, with respect to the beneficial ownership of shares of our common stock by:

    ●
    each
    person known by us to be the beneficial owner of more than 5% of the outstanding shares of common stock;

    ●
    each
    of our executive officers, directors and director nominees that beneficially owns shares of common stock; and

    ●
    all
    our executive officers and directors as a group.

33

Unless
otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all shares
of common stock beneficially owned by them.

    Class
                                            A Common
                                            Stock  
    Class
                                            B Common
                                            Stock  
    Approximate Percentage 

    Name and Address
    of Beneficial Owner (1) 
    Number
                                            of Shares Beneficially Owned  
    Approximate Percentage of
                                            Class  
    Number
                                            of Shares Beneficially Owned
                                            (2)  
    Approximate Percentage of
                                            Class  
    of Outstanding Common Stock 

    Sponsor,
    Officers and Directors 

    FutureTech Partners II LLC (2