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 | See footnote | F2, F3, F4 |
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 | See footnote | F1, F2, F4 |
Id | Content |
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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 | FutureTech Partners II LLC, the issuer's sponsor, is the record holder of the securities reported herein. Mr. Radu is its sole member. 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, FutureTech Partners II LLC, 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 FutureTech Partners II LLC, and issue 2,445,000 shares of Class A Common Stock bearing the same restrictive legends to FutureTech Partners II LLC,. |
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 FutureTech Partners II LLC, the issuer's sponsor, received as set forth in the issuer's registration statement on Form S-1 (File No. 333-261886). |
F4 | FutureTech Partners II LLC, the issuer's sponsor, is the record holder of the securities reported herein. Mr. Radu is its sole member. By virtue of this relationship, Mr. Radu may be deemed to share beneficial ownership of the securities held of record by FutureTech Partners II LLC. Mr. Radu disclaims any such beneficial ownership except to the extent of his pecuniary interest. |