secwatch.observer — SEC 8-K summary
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Issuer:     FutureTech II Acquisition Corp. (—)
CIK:        0001889450
Form:       8-K
Filed at:   2023-10-20T23:59:59+00:00
Accession:  0001493152-23-037836
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

FutureTech II receives Nasdaq delisting notice for failing minimum total holders rule
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- Received Nasdaq notice on Oct 16, 2023 for non-compliance with Minimum Total Holders Rule (at least 400 holders) on Nasdaq Global Market.
- Has 45 days (until Nov 30, 2023) to submit a plan to regain compliance; may get extension to Apr 13, 2024.
- Alternatively, may consider transfer to Nasdaq Capital Market to meet listing requirements.
- Non-compliance follows August 2023 redemptions of 5.94M shares for ~$64.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889450/000149315223037836/0001493152-23-037836-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889450/000149315223037836/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-037836

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