FutureTech Partners II LLC - Feb 4, 2025 Form 4 Insider Report for FutureTech II Acquisition Corp. (FTII)

Role
10%+ Owner
Signature
/s/ Zachary Radu, managing member of FutureTech Partners II LLC, by Moses & Singer LLP with Power of Attorney
Stock symbol
FTII
Transactions as of
Feb 4, 2025
Transactions value $
$0
Form type
4
Date filed
2/6/2025, 10:19 AM
Previous filing
Aug 24, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTII Class A Common Stock Conversion of derivative security $0 +2.45M +470.12% $0.00 2.97M Feb 4, 2025 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FTII Class B Common Stock Conversion of derivative security $0 -2.45M -100% $0.00 0 Feb 4, 2025 Class A Common Stock 2.45M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B Common Stock have no expiration date and are convertible into shares of Class A Common Stock on a one-to-one basis at the election of the holder of such shares of Class B Common Stock at any time prior to the closing of an initial business combination or otherwise automatically convert into shares of Class A Common Stock at the time of the issuer's initial business combination on a one-for-one basis.
F2 The Reporting Person elected to convert all of its 2,445,000 shares of Class B Common Stock to 2,445,000 shares of Class A Common Stock on or about November 22, 2024, and on February 4, 2025, the issuer and the Reporting Person effected such conversion by sending required instruction documents to the transfer agent to cancel 2,445,000 shares of Class B Common Stock held by the Reporting Person and issue 2,445,000 shares of Class A Common Stock bearing the same restrictive legends to the Reporting Person.
F3 This includes 2,445,000 shares of Class A Common Stock converted from 2,445,000 shares of Class B Common Stock and 520,075 shares of Class A Common Stock underlying the private placement units that the Reporting Person received as set forth in the issuer's registration statement on Form S-1 (File No. 333-261886).