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FutureTech II Acquisition Corp. has determined that its previously issued financial statements for the periods ended…
FTIIUFutureTech II Acquisition Corp.
FutureTech II Acquisition Corp. has determined that its previously issued financial statements for the periods ended September 30, 2024, December 31, 2024, March 31, 2025, and June 30, 2025, contain errors and must be restated. Key adjustments include earnings per share, tax-related adjustments for common stock subject to redemption, and amounts due to the trust from the sponsor. The company also identified material weaknesses in its internal control over financial reporting as of December 31, 2024, and December 31, 2025, specifically regarding period-end disclosure processes and reconciliation accuracy. Remediation efforts include engaging a new external advisor and implementing additional software controls. FutureTech II Acquisition Corp. is a blank check company focused on business combinations.