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FutureTech II Acquisition Corp. 8-K Report: Key Insights & Trading Details

$FTII
Form 8-K
Filed on: 2025-02-13
Source
FutureTech II Acquisition Corp. 8-K Report: Key Insights & Trading Details

Here are the key insights extracted from the provided financial report section:

  1. Entity Information:
  • Company Name: FutureTech II Acquisition Corp.
  • CIK (Central Index Key): 0001889450
  • Location: 128 Gail Drive, New Rochelle, NY 10805
  • Phone Number: (914) 316-4805
  1. Report Type:
  • The filing is an 8-K report, indicating it is a current report used to announce major events that shareholders should know about.
  1. Filing Date:
  • The report is filed as of February 12, 2025.
  1. Securities:
  • The company has units that consist of:
    • One share of Class A Common Stock (par value $0.0001).
    • One Redeemable Warrant.
  • The Redeemable Warrants are each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share.
  1. Trading Symbols:
  • Units: FTIIU (NASDAQ)
  • Class A Common Stock: FTII (NASDAQ)
  • Redeemable Warrants: FTIIW (NASDAQ)
  1. Measurement Units:
  • The report utilizes both USD and shares as units of measure, indicating financial values in U.S. dollars and quantities in shares.
  1. Contextual Information:
  • The report appears to provide details on the issuance or status of units that combine both stock and warrants, which is a common structure for SPACs (Special Purpose Acquisition Companies).

Summary:

FutureTech II Acquisition Corp. is reporting on its units consisting of Class A Common Stock and Redeemable Warrants. The filing includes crucial details about the securities offered and their respective trading symbols on NASDAQ. The exercise price for the warrants is set at $11.50, indicating potential future capital raising scenarios for the company. The report is relevant for investors monitoring corporate actions and financial health.