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FutureTech II Acquisition Corp. 8-K Filing: Key Insights & Stock Information

$FTII
Form 8-K
Filed on: 2025-01-08
Source
FutureTech II Acquisition Corp. 8-K Filing: Key Insights & Stock Information

Based on the provided section of the financial report, here are the key pieces of information and insights extracted:

  1. Entity Information:
  • Name: FutureTech II Acquisition Corp.
  • SEC CIK: 0001889450
  • Location: 128 Gail Drive, New Rochelle, NY 10805
  • Contact Number: (914) 316-4805
  1. Filing Information:
  • Filing Type: 8-K
  • Filing Date: January 8, 2025
  • SEC File Number: 001-41289
  • EIN: 87-2551539
  1. Securities/Stock Information:
  • Units: Each unit consists of one share of Class A Common Stock and one Redeemable Warrant.
  • Ticker Symbols:
    • Class A Common Stock: FTII
    • Redeemable Warrants: FTIIW
  • Class A Common Stock Par Value: $0.0001
  1. Stock and Warrant Characteristics:
  • Each Redeemable Warrant is exercisable for one share of Class A Common Stock at a specified exercise price, though the exact price is not specified in this excerpt.
  1. Reporting Context:
  • The report is structured in XBRL format, indicating compliance with SEC reporting standards.
  • The context periods stated indicate that the information pertains to a single date, January 8, 2025.

Insights:

  • The filing is a significant report (8-K) which is typically used to disclose major events or changes that may be of interest to shareholders or investors.
  • FutureTech II Acquisition Corp. appears to be structured around a unit offering that combines both equity (Class A Common Stock) and a derivative (Redeemable Warrants), which could appeal to investors looking for both immediate equity and future upside through warrant conversion.
  • The low par value of the common stock suggests a strategic approach which is common in SPACs (Special Purpose Acquisition Companies) to attract investment.
  • The presence of redeemable warrants indicates potential future dilution of existing shares upon exercise, which investors should consider when evaluating ownership stakes and potential returns.

This report indicates that FutureTech II Acquisition Corp. is actively managing its capital structure and preparing for future financial activities, likely related to its acquisition strategy.