FutureTech II Acquisition Corp.: Nasdaq/NYSE listing notice — FutureTech II receives Nasdaq delisting notices for late Q3 filing and insufficient publicly held shares

FutureTech II Acquisition Corp.

On Nov 27, 2024, Nasdaq notified FutureTech II of non-compliance with Listing Rule 5250(c)(1) due to delayed Q3 10-Q.
Additionally, 1,564,549 shares were redeemed on Nov 18, 2024, causing failure to meet minimum 1,100,000 publicly held shares rule (Listing Rule 5450(b)(2)(B)).
Company is already before a Hearings Panel for failure to comply with Market Value of Listed Shares Rule; additional deficiency adds delisting basis.
Company engaged an investment bank to increase retail distribution and aims to file Q3 10-Q by Dec 13, 2024; requested stay of suspension pending panel decision.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

FutureTech II Acquisition Corp. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

November 27, 2024 (the “ Notice ”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Listing Rule ”) as a result of its failure to timely file the Q3 10-Q. The Staff also noted that this serves as an additional basis for delisting the Company’s securities from Nasdaq and since the Company is already before a Hearings Panel for its failure to comply with the Market Value of Listed Securities requirement of Nasdaq Listing Rule 5420(a)(2) (the “ Market Value of Listed Shares Rule ”), the Company has until December 4, 2024 to request a stay of

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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

FutureTech II Acquisition Corp. received a nasdaq deficiency notice notice regarding market value (rules 5420(a)(2), 5450(b)(2)(B)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5420(a)(2), 5450(b)(2)(B)

Exact text from the filing

November 27, 2024 (the “ Notice ”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Listing Rule ”) as a result of its failure to timely file the Q3 10-Q. The Staff also noted that this serves as an additional basis for delisting the Company’s securities from Nasdaq and since the Company is already before a Hearings Panel for its failure to comply with the Market Value of Listed Securities requirement of Nasdaq Listing Rule 5420(a)(2) (the “ Market Value of Listed Shares Rule ”), the Company has until December 4, 2024 to request a stay of

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Source: SEC EDGAR

accession 0001493152-24-048638

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