FutureTech II Acquisition (FTIIU) Stock Price, News & Analysis

Company Overview

FutureTech II Acquisition Corp. is a special purpose acquisition company (SPAC) organized under Delaware law in 2021. The firm’s primary objective is to identify and complete a merger, capital stock exchange, asset acquisition or similar business combination with one or more businesses operating in the technology, media or telecommunications sectors. As a blank check vehicle, FutureTech II Acquisition offers investors exposure to potential growth opportunities in emerging and established technology markets.

The company’s units trade on the Nasdaq under the ticker FTIIU, each consisting of one share of common stock and a fraction of a warrant to purchase common stock. Proceeds from its initial public offering are held in a trust account and may only be released upon the successful closing of a qualifying business combination or, failing such an event within the time frame specified in the company’s charter, returned to public shareholders.

Governed by a board of directors with backgrounds in corporate finance and technology investing, FutureTech II Acquisition leverages its management team’s experience to evaluate potential targets across North America and select global markets. The company’s leadership brings expertise in sourcing strategic partnerships, conducting due diligence and executing transaction structures tailored to emerging technology enterprises. Upon completion of a business combination, FutureTech II Acquisition intends to transition into an operating public company focused on delivering long-term value to shareholders.

Key Stats

• Today's Range: $12.00 to $12.00
• 50-Day Range: $12.00 to $12.00
• 52-Week Range: $10.10 to $13.50
• Volume: N/A
• Average Volume: 4,585 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

FTIIU Stock Analysis - Frequently Asked Questions

How have FTIIU shares performed this year?

FutureTech II Acquisition's stock was trading at $11.91 at the beginning of the year. Since then, FTIIU stock has increased by 0.8% and is now trading at $12.00.

When did FutureTech II Acquisition IPO?

FutureTech II Acquisition (FTIIU) raised $100 million in an initial public offering (IPO) on Wednesday, February 16th 2022. The company issued 10,000,000 shares at a price of $10.00 per share.

How do I buy shares of FutureTech II Acquisition?

Shares of FTIIU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: Trading
• Current Symbol: NASDAQ:FTIIU
• CIK: 1889450
• Web: N/A
• Phone: 914-316-4805
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A