FutureTech II Acquisition Corp. Confirms Funding and Extension of Period to Complete Initial Business Combination
18 May 2023 - 6:05AM
FutureTech II Acquisition Corp. (Nasdaq: FTIIU) (the “Company”), a
blank check company formed for the purpose of effecting a merger,
capital stock exchange, asset acquisition, stock purchase,
reorganization, or similar business combination with one or more
businesses, announced today that it caused to be deposited
$1,150,000 into the Company’s trust account for its public
stockholders, representing $0.10 per public share, allowing the
Company to extend by three months (from May 18, 2023 to August 18,
2023) the period of time the Company has to consummate its initial
business combination (the “Extension”). The Extension is the second
of two three-month extensions permitted under the Company’s
governing documents.
About FutureTech
II Acquisition Corp.
FutureTech II Acquisition Corp. is a blank check
company formed for the purposes of effecting a merger, capital
stock exchange, asset acquisition, stock purchase, reorganization,
or similar business combination with one or more businesses, with a
focus on companies in the technology industry. In February 2022,
FutureTech II consummated a $115.0 million initial public offering
of 11.5 million units (including the underwriters’ full exercise of
their over-allotment option), with each unit consisting of one
share of Class A common stock and one redeemable warrant, and each
warrant entitling the holder to purchase one share of Class A
common stock at a price of $11.50 per share. On April 8, 2022,
FutureTech II announced that holders of its units could elect to
separately trade the shares of Class A common stock and redeemable
warrants included in the units. EF Hutton, division of Benchmark
Investments LLC, served as the sole book-running manager of
FutureTech II’s initial public offering.
Contact
FutureTech II Acquisition Corp.128 Gail DriveNew
Rochelle, NY 10805Attn: Yuquan Wangyuquanwang111@gmail.com(914)
316-4805
FutureTech II Acquisition (NASDAQ:FTII)
Historical Stock Chart
From Oct 2024 to Nov 2024
FutureTech II Acquisition (NASDAQ:FTII)
Historical Stock Chart
From Nov 2023 to Nov 2024