FutureTech II extends SPAC deadline to Nov 18, 2024; $36M share redemptions

As approved by its stockholders at the special meeting of stockholders held on August 17, 2023 (the “ Special Meeting ”), FutureTech II Acquisition Corp. (the “ Company ”) filed an amendment to its amended and restated certificate of incorporation (the “ Charter ”) with the Delaware Secretary of State on February 14, 2024 (the “ Charter Amendment ”), to extend the date by which the Company has to consummate a business combination for an additional nine months, from February 18, 2024 (the “ Termination Date ”) to up to November 18, 2024, by electing to extend the date to consummate an initial business combination on a monthly basis for up to nine times by an additional one month each time after the Termination Date, until November 18, 2024 or a total of up to nine months after the Termination Date, or such earlier date as determined by the Company’s board of directors (the “ Board ”), unless the closing of the Company’s initial business combination shall have occurred (the “ Extension ,

The stockholders approved the proposal to amend the Company’s Charter, to extend the date by which the Company has to consummate a business combination for an additional nine months, from the Termination Date to the Extended Date, provided that the Sponsor (or its affiliates or permitted designees) will deposit into the Trust Account the lesser of: (i) $50,000 and (ii) an aggregate amount equal to $0.03 multiplied by the number of public shares of the Company that are not redeemed for each such one-month extension unless the closing of the Company’s initial business combination shall have occurred, in exchange for a non-interest bearing, unsecured promissory note payable upon consummation of a business combination. The voting results were as follows: FOR AGAINST ABSTAIN BROKER NON- VOTES 6,371,872 486,374 - -