FutureTech II Acquisition Corp. Faces Delisting Notice
Ticker: FTII · Form: 8-K · Filed: May 17, 2024 · CIK: 1889450
Sentiment: bearish
Topics: delisting, listing-standards, spac
Related Tickers: FTII
TL;DR
FTII got a notice about potentially being delisted. Big trouble.
AI Summary
FutureTech II Acquisition Corp. filed an 8-K on May 17, 2024, reporting a notice of delisting or failure to meet continued listing standards as of May 13, 2024. The company, incorporated in Delaware, is listed under the SIC code for Blank Checks.
Why It Matters
This filing indicates potential issues with FutureTech II Acquisition Corp.'s compliance with stock exchange listing rules, which could impact its trading status and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued trading on an exchange.
Key Players & Entities
- FutureTech II Acquisition Corp. (company) — Registrant
- May 13, 2024 (date) — Earliest event reported
- May 17, 2024 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- 6770 (sic_code) — Standard Industrial Classification for Blank Checks
FAQ
What specific listing rule or standard has FutureTech II Acquisition Corp. failed to meet?
The filing does not specify the exact rule or standard that FutureTech II Acquisition Corp. has failed to meet, only that a notice has been issued.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated May 13, 2024.
What is the Commission File Number for FutureTech II Acquisition Corp.?
The Commission File Number for FutureTech II Acquisition Corp. is 001-41289.
What is the Standard Industrial Classification (SIC) code associated with FutureTech II Acquisition Corp.?
The SIC code associated with FutureTech II Acquisition Corp. is 6770, which corresponds to Blank Checks.
What is the business address of FutureTech II Acquisition Corp.?
The business address of FutureTech II Acquisition Corp. is 128 Gail Drive, New Rochelle, NY 10805.
Filing Stats: 596 words · 2 min read · ~2 pages · Grade level 13.6 · Accepted 2024-05-17 16:15:20
Key Financial Figures
- $0.0001 — tock Market LLC Class A Common Stock, $0.0001 par value per share FTII The Nasdaq
- $11.50 — A Common Stock at an exercise price of $11.50 per share FTIIW The Nasdaq Stock Ma
Filing Documents
- form8-k.htm (8-K) — 42KB
- 0001493152-24-020427.txt ( ) — 265KB
- ftii-20240513.xsd (EX-101.SCH) — 4KB
- ftii-20240513_def.xml (EX-101.DEF) — 27KB
- ftii-20240513_lab.xml (EX-101.LAB) — 37KB
- ftii-20240513_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 7KB
SIGNATURES
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: May 17, 2024 By: /s/ Ray Chen Name: Ray Chen Title: Chief Executive Officer