Summary not available.
FutureTech II Acquisition Corp. (Nasdaq:FTIIU) has announced that holders of its IPO units can now separately trade shares of Class A common stock and warrants as of April 8, 2022. The initial public offering, completed on February 18, 2022, comprised 11,500,000 units. Those wishing to separate their units must contact Continental Stock Transfer & Trust Company. Separated Class A common stock and warrants will trade under the symbols FTII and FTIIW, respectively. This action reflects the company's ongoing efforts to prepare for potential business combinations.
FutureTech II Acquisition Corp. has announced the pricing of its initial public offering (IPO) at $100 million, consisting of 10 million units priced at $10.00 each. The units will trade under the ticker symbol FTIIU on the Nasdaq starting February 16, 2022. Each unit includes one share of common stock and a warrant to purchase one share of Class A common stock at $11.50. The company aims to acquire disruptive technology firms and has granted underwriters a 45-day option for additional units. Forward-looking statements are included regarding the offering's completion.