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FutureTech II Acquisition Corp: February 2025 SEC 8-K Filing Highlights

$FTII
Form 8-K
Filed on: 2025-02-21
Source
FutureTech II Acquisition Corp: February 2025 SEC 8-K Filing Highlights

Based on the provided excerpt from the financial report of FutureTech II Acquisition Corp, here are the key points and insights extracted:

  1. Entity Identification:
  • Name: FutureTech II Acquisition Corp.
  • SEC CIK: 0001889450.
  • Location: 128 Gail Drive, New Rochelle, NY 10805.
  • Contact Number: (914) 316-4805.
  1. Filing Type:
  • Form: 8-K.
  • Filing Date: February 19, 2025.
  1. Securities Information:
  • The report details two classes of securities:
    • Class A Common Stock:
    • Par value: $0.0001 per share.
    • Ticker Symbol: FTII (NASDAQ).
    • Redeemable Warrants:
    • Each warrant is exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share.
    • Ticker Symbol: FTIIW (NASDAQ).
  1. Units Offered:
  • Units consist of:
    • One share of Class A Common Stock.
    • One Redeemable Warrant.
  1. Financial Metrics:
  • The report indicates that the financial metrics are denominated in US Dollars (USD) and Shares, though specific financial figures are not provided in the excerpt.
  1. Context and Reporting Period:
  • The financial reporting period is specified as being on a single day, February 19, 2025.

Insights:

  • The filing indicates a structured offering of units that is typical for SPACs (Special Purpose Acquisition Companies), combining common stock and warrants to attract investor interest.
  • The exercise price of $11.50 for the redeemable warrants is a strategic pricing point, as it often aligns with the initial public offering (IPO) price of SPACs.
  • The filing is recent and could be indicative of upcoming investment opportunities or changes in corporate structure, which potential investors should monitor closely.

Overall, this report outlines important details for investors regarding the securities offered by FutureTech II Acquisition Corp, along with context regarding the company's operational status as of the filing date.