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FutureTech II Acquisition Corp. 8-K Report: Key Financial Insights & Offerings

$FTII
Form 8-K
Filed on: 2025-02-11
Source
FutureTech II Acquisition Corp. 8-K Report: Key Financial Insights & Offerings

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

  1. Entity Information:
  • Company Name: FutureTech II Acquisition Corp.
  • CIK Number: 0001889450
  • SEC File Number: 001-41289
  • EIN: 87-2551539
  • Address: 128 Gail Drive, New Rochelle, NY 10805
  • Phone Number: (914) 316-4805
  1. Report Type and Date:
  • Filing Type: 8-K
  • Filing Date: February 6, 2025
  1. Security Information:
  • Securities Listed:
    • Class A Common Stock: Par value of $0.0001 per share (Ticker: FTII)
    • Redeemable Warrants: Each warrant is exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (Ticker: FTIIW)
  • Units Offered: Each unit consists of one share of Class A Common Stock and one redeemable warrant.
  1. Contextual Period:
  • The report is effective as of February 6, 2025, indicating that the financial information relates to this specific date.
  1. Stock Structure:
  • The report indicates multiple classes of stock:
    • Units: Each comprising one share of Class A Common Stock and one redeemable warrant.
    • Class A Common Stock: Identified with a par value.
    • Redeemable Warrants: Provide an option to purchase Class A Common Stock at a set price.
  1. Market Information:
  • The securities are listed on NASDAQ, suggesting they are publicly traded, which implies a level of regulatory compliance and public reporting obligations.

Insights:

  • Strategic Offering: The offering of units consisting of both common stock and warrants is a strategy often used by acquisition companies to attract investors while providing them additional upside potential through warrants.
  • Exercise Price of Warrants: The exercise price of $11.50 for the warrants is a critical piece of information for potential investors, as it indicates the price at which they can convert their warrants into shares.
  • Public Company Compliance: As a publicly listed entity, FutureTech II Acquisition Corp. is subject to regular SEC reporting requirements, enhancing transparency for investors.

This analysis provides a snapshot of the company's structure, offerings, and regulatory framework, which are essential for potential investors and stakeholders.