FutureTech II Acquisition Corp. Faces Delisting Notice
Ticker: FTII · Form: 8-K · Filed: Dec 13, 2024 · CIK: 1889450
Sentiment: bearish
Topics: delisting, listing-standards, spac
Related Tickers: FTII
TL;DR
FTII got a delisting warning - stock might be in trouble.
AI Summary
FutureTech II Acquisition Corp. filed an 8-K on December 13, 2024, reporting a notice of delisting or failure to satisfy continued listing rules as of December 11, 2024. The company, incorporated in Delaware, is involved in the blank checks sector.
Why It Matters
This filing indicates potential delisting from an exchange, which could significantly impact the liquidity and trading of the company's securities.
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
- December 11, 2024 (date) — Earliest event reported
- December 13, 2024 (date) — Filing date
- Delaware (location) — State of incorporation
FAQ
What specific listing rule or standard has FutureTech II Acquisition Corp. failed to satisfy?
The filing does not specify the exact rule or standard that was not met, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the effective date of the notice of delisting or failure to satisfy listing standards?
The earliest event reported, which is the date of the notice, is December 11, 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 for FutureTech II Acquisition Corp.?
The Standard Industrial Classification (SIC) code for FutureTech II Acquisition Corp. is 6770, which corresponds to Blank Checks.
When was FutureTech II Acquisition Corp. incorporated?
The filing states that FutureTech II Acquisition Corp. is incorporated in Delaware.
Filing Stats: 504 words · 2 min read · ~2 pages · Grade level 13.8 · Accepted 2024-12-13 14:37:05
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) — 43KB
- 0001493152-24-049964.txt ( ) — 272KB
- ftii-20241211.xsd (EX-101.SCH) — 4KB
- ftii-20241211_def.xml (EX-101.DEF) — 30KB
- ftii-20241211_lab.xml (EX-101.LAB) — 37KB
- ftii-20241211_pre.xml (EX-101.PRE) — 27KB
- form8-k_htm.xml (XML) — 7KB
01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on November 27, 2024, the Company submitted a Transfer of Listing application to The Nasdaq Stock Market LLC ("Nasdaq") to list its securities on The Nasdaq Capital Market. On December 11, 2024, the Company received an approval letter from Nasdaq, informing that the Company's transfer application has been approved and the Company's securities will be transferred to the Nasdaq Capital Market at the opening of business on December 13, 2024.
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: December 13, 2024 By: /s/ Ray Chen Name: Ray Chen Title: Chief Executive Officer