Form 8-K - Current report
2024年3月5日 - 7:26AM
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): February 27, 2024
FutureTech
II Acquisition Corp.
(Exact
name of registrant as specified in its charter)
Delaware
(State
or other jurisdiction of incorporation)
001-41289 |
|
87-2551539 |
(Commission
File Number) |
|
(IRS
Employer Identification No.) |
128 Gail Drive
New
Rochelle, NY |
|
10805 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code (914) 316-4805
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
|
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of Each Class |
|
Trading
Symbol(s) |
|
Name
of Each Exchange on Which Registered |
Units,
each consisting of one share of Class A Common Stock and one Redeemable Warrant |
|
FTIIU |
|
The
Nasdaq Stock Market LLC |
Class
A Common Stock, $0.0001 par value per share |
|
FTII |
|
The
Nasdaq Stock Market LLC |
Redeemable
Warrants, each warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share |
|
FTIIW |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As
previously disclosed, on October 16, 2023, the Company received a written notice from the Listing Qualifications Department (the “Staff”)
of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company is not in compliance with Nasdaq
Listing Rule 5450(a)(2) (the “Minimum Total Holders Rule”), which requires the Company to have at least 400 total
holders for continued listing on the Nasdaq Global Market. In accordance with Nasdaq Listing Rule 5810(c)(2)(G), the Company submitted
a plan to regain compliance with the Minimum Total Holders Rule (the “Plan”).
On
February 27, 2024, the Company received a written notice (the “Notice”) indicating that the Staff determined to delist
the Company’s securities from Nasdaq, unless the Company timely requests a hearing before a Hearings Panel (the “Panel”),
based on the Staff’s determination that the Staff only has discretion to grant an extension until April 15, 2024, and in the context
of a reasonably long timeline to consummate a de-SPAC merger, given that the Company plans to enter into a definitive agreement no sooner
than March 2024, therefore the Staff does not believe that the Company can feasibly consummate a business combination and regain compliance
by April 15, 2024.
Accordingly,
the Company intends to timely request a
hearing before the Panel. The hearing request will stay the suspension of the Company’s securities and the termination of registration
of the securities with Nasdaq as required by the rules of the Securities and Exchange Commission pending the Panel’s decision and,
therefore, Nasdaq’s notice has no immediate effect on the listing of the Company’s common stock, units or warrants on Nasdaq.
The time and place of any hearing before the Panel will be determined by the Panel. There can be no assurance that the Panel will grant
the Company’s request for continued listing.
Forward-Looking
Statements
Certain
statements made in this Current Report on Form 8-K are “forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the “safe harbor”
provisions under the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included
in this Current Report on Form 8-K are forward-looking statements. When used in this Current Report on Form 8-K, words such as “anticipate,”
“believe,” “continue,” “could,” “estimate,” “expect,” “intend,”
“may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,”
“should,” “would” and variations of these words or similar expressions (or the negative versions of such words
or expressions), as they relate to the Company or its management team, are intended to identify forward-looking statements. Many factors
could cause actual future events to differ materially from the forward-looking statements in this Current Report on Form 8-K, including
the Company’s ability to successfully appeal a delisting determination, the Company’s ability to resolve the deficiency under
the Minimum Total Holders Rule and regain compliance with the Minimum Total Holders Rule. Such forward-looking statements are based on
the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Forward-looking
statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are beyond the control of the Company, including those set forth in the “Risk
Factors” section of the Company’s final prospectus for its initial public offering filed with the SEC on February 17, 2022,
and other documents of the Company filed, or to be filed, with the Securities and Exchange Commission, that could cause actual results
or outcomes to differ materially from those discussed in the forward-looking statements. All subsequent written or oral forward-looking
statements attributable to the Company or persons acting on its behalf are qualified in their entirety by this paragraph. The Company
undertakes no obligation to update or revise any forward-looking statements for revisions or changes after the date of this Current Report
on Form 8-K, except as required by law.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
FUTURETECH
II ACQUISITION CORP. |
|
|
|
Date:
March 4, 2024 |
By: |
/s/
Ray Chen |
|
Name:
|
Ray
Chen |
|
Title: |
Chief
Executive Officer |
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Document Period End Date |
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Entity File Number |
001-41289
|
Entity Registrant Name |
FutureTech
II Acquisition Corp.
|
Entity Central Index Key |
0001889450
|
Entity Tax Identification Number |
87-2551539
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
128 Gail Drive
|
Entity Address, City or Town |
New
Rochelle
|
Entity Address, State or Province |
NY
|
Entity Address, Postal Zip Code |
10805
|
City Area Code |
(914)
|
Local Phone Number |
316-4805
|
Written Communications |
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Title of 12(b) Security |
Units,
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|
Trading Symbol |
FTIIU
|
Security Exchange Name |
NASDAQ
|
Class Common Stock 0. 0001 Par Value Per Share [Member] |
|
Title of 12(b) Security |
Class
A Common Stock, $0.0001 par value per share
|
Trading Symbol |
FTII
|
Security Exchange Name |
NASDAQ
|
Redeemable Warrants Each Warrant Exercisable For One Share Of Class Common Stock At Exercise Price Of 11. 50 Per Share [Member] |
|
Title of 12(b) Security |
Redeemable
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FutureTech II Acquisition (NASDAQ:FTIIU)
過去 株価チャート
から 7 2024 まで 8 2024
FutureTech II Acquisition (NASDAQ:FTIIU)
過去 株価チャート
から 8 2023 まで 8 2024