Ray Lei Chen - 04 Feb 2025 Form 4 Insider Report for FutureTech II Acquisition Corp. (FTII)

Signature
/s/ Ray Lei Chen, by Moses & Singer LLP with Power of Attorney
Issuer symbol
FTII
Transactions as of
04 Feb 2025
Net transactions value
$0
Form type
4
Filing time
06 Feb 2025, 20:42:18 UTC
Previous filing
25 Aug 2023

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 +380,000 $0.000000 380,000 04 Feb 2025 Direct F2

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 -380,000 -100% $0.000000 0 04 Feb 2025 Class A Common Stock 380,000 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 his 380,000 shares of Class B Common Stock to 380,000 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 380,000 shares of Class B Common Stock held by the Reporting Person and issue 380,000 shares of Class A Common Stock bearing the same restrictive legends to the Reporting Person.