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FutureTech II Acquisition Corp. (FTII) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED

What happened to FutureTech II Acquisition Corp. (FTII) stock?

FutureTech II Acquisition Corp. (FTII) no longer trades on public markets. The figures below are historical and are not a current quote.

MCap: $51.6M| 52-wk range: $10.52 – $14.00

Market cap $51.6M is the value of all shares combined.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated May 4, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

FutureTech II Acquisition Corp. (FTII). FutureTech II Acquisition Corp. is a shell company focused on merging with a technology business. As of 2026, it is seeking acquisition targets and has no significant operations. Market cap: $51.6M, Sector: Financial services.

Last analyzed: May 4, 2026
FutureTech II Acquisition Corp. is a shell company focused on merging with a technology business. As of 2026, it is seeking acquisition targets and has no significant operations.

Analyst Coverage for FTII: FTII does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FTII against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the FTII film Every key number, told as a short cinematic story — just press play. ~2 min

Dated analysis: the newest financial statements on file are 24 months old (Sep 1, 2024), so the figures and score below describe that period, not today.

Council Score · Weighted Average of 3 Disciplines
Split View 38/100 · D

FTII: 1/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Englander-style lens (simulated)Izzy Englander
Favorable read
Klarman-style lens (simulated)Seth Klarman
Unfavorable read
Moon AI lens (model)
Unfavorable read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Negative
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

FutureTech II Acquisition Corp. (FTII) Financial Services Profile

CEORay Lei Chen
Employees1
HeadquartersNew Rochelle, NY, US
IPO Year2022

FutureTech II Acquisition Corp., a shell company in the financial services sector, aims to identify and merge with a private technology company. Incorporated in 2021, the company seeks to provide a public listing for its target through a business combination, but currently has no active operations beyond this pursuit.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: May 4, 2026

What Is the Investment Thesis for FTII?

AI-written as of May 4, 2026 — figures and tone reflect the data available then, not today's score.

FutureTech II Acquisition Corp. presents a speculative investment opportunity tied to its ability to successfully merge with a high-growth technology company. With a market capitalization of $51.6M and a beta of -0.02, the company's valuation is entirely dependent on the potential of its future acquisition target. Key value drivers include the management team's expertise in identifying and executing successful mergers, the attractiveness of the technology sector, and the availability of suitable acquisition targets. The absence of a dividend reflects the company's focus on growth through acquisitions. The investment thesis hinges on the successful identification and integration of a target company that can deliver substantial returns to shareholders.

Based on FMP financials and quantitative analysis

FTII Key Highlights

AI-written as of May 4, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $51.6M reflects the speculative nature of the investment, dependent on a future merger.

  • Beta of -0.02 indicates low correlation with the broader market, typical for shell companies awaiting a merger.
  • No dividend is paid, as the company focuses on utilizing capital for acquisition opportunities.
  • Focus on the technology industry provides exposure to a high-growth sector, but also increases competition for suitable targets.
  • Incorporated in 2021, the company is still relatively young in its search for a merger candidate.

Who Are FTII's Competitors?

FTII is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
RIBB Ribbon Acquisition Corp $11.15 -18.55% $55.9M 455-pillar
QETA Quetta Acquisition Corporation $11.82 -0.25% $44.3M 395-pillar
AFJK Aimei Health Technology Co., Ltd $12.60 +2.86% $39.9M 435-pillar
COLA Columbus Acquisition Corp $8.30 -14.87% $37.3M 445-pillar
WTG Wintergreen Acquisition Corp. $10.58 -0.09% $77.3M 495-pillar
FVN Future Vision II Acquisition Corp. $10.28 +4.00% $77.6M 435-pillar
CPBI Central Plains Bancshares, Inc. $21.07 +0.39% $81.9M 775-pillar
AIB AIB Acquisition Corporation $1.37 0.00% $104M 315-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are FTII's Key Strengths?

Focus on the technology industry.

  • Experienced management team.
  • Access to capital through the IPO.

What Are FTII's Weaknesses?

Reliance on identifying and completing a successful merger.

  • Lack of current operations.
  • Dependence on market conditions.

What Could Drive FTII Stock Higher?

Announcement of a potential merger target could significantly impact the stock price.

  • Progress in negotiations with potential merger candidates.
  • General market sentiment towards SPACs and technology companies.

What Are the Key Risks for FTII?

Financial-distress signal — its Altman Z-Score of 0.53 sits in the distress zone (elevated bankruptcy risk).

  • Weak fundamentals — a Piotroski F-Score of 0/9 flags soft profitability, leverage or efficiency.
  • Failure to identify and complete a merger could result in the liquidation of the company.
  • Competition from other SPACs for attractive acquisition targets.
  • Unfavorable market conditions could hinder the company's ability to raise capital or complete a merger.
  • Regulatory changes could impact the SPAC market and the company's operations.
  • Limited financial disclosure increases the risk of investing in FTII.

What Are the Growth Opportunities for FTII?

  • Successful Merger Completion: The primary growth opportunity lies in identifying and completing a merger with a high-growth technology company. The size of the technology market is substantial, with various sub-sectors offering attractive targets. A successful merger would provide FutureTech II Acquisition Corp. with a viable operating business and the potential for significant value creation. The timeline for this opportunity is dependent on the company's ability to find and negotiate a deal, which could take several months to years.
  • Strategic Sector Focus: By focusing on the technology industry, FutureTech II Acquisition Corp. positions itself to capitalize on the rapid growth and innovation within this sector. The technology market is vast and diverse, encompassing areas such as software, hardware, artificial intelligence, and biotechnology. This focus allows the company to target businesses with high growth potential and strong competitive advantages. The timeline for realizing this opportunity is tied to the overall growth of the technology sector and the company's ability to identify promising targets.
  • Management Team Expertise: The management team's expertise in identifying and executing successful mergers represents a key growth driver. A skilled management team can navigate the complexities of the SPAC process, identify attractive acquisition targets, and negotiate favorable deal terms. This expertise can significantly increase the likelihood of a successful merger and the creation of shareholder value. The timeline for this opportunity is ongoing, as the management team continues to actively search for and evaluate potential targets.
  • Favorable Market Conditions: Positive market conditions, such as strong investor sentiment and a favorable regulatory environment, can create opportunities for FutureTech II Acquisition Corp. to complete a merger on attractive terms. A supportive market environment can increase the availability of capital and reduce the cost of financing, making it easier for the company to execute its acquisition strategy. The timeline for this opportunity is dependent on broader market trends and regulatory developments.
  • Post-Merger Growth: Following a successful merger, FutureTech II Acquisition Corp. can focus on driving organic growth within the acquired business. This can involve expanding into new markets, launching new products or services, and improving operational efficiency. The potential for post-merger growth is dependent on the quality of the acquired business and the effectiveness of the integration process. The timeline for this opportunity is long-term, as the company works to build a sustainable and profitable business.

What Are FTII's Competitive Advantages?

  • Management team's expertise in identifying and executing mergers.
  • Access to capital through the initial public offering (IPO).
  • Focus on the high-growth technology sector.

What Does FTII Do?

FutureTech II Acquisition Corp. was founded in 2021 and is based in New Rochelle, New York. The company operates as a blank check company, also known as a special purpose acquisition company (SPAC). Its primary purpose is to identify and merge with a private company, effectively taking the target company public without the traditional initial public offering (IPO) process. FutureTech II Acquisition Corp. focuses its search on companies within the technology industry, seeking businesses with high growth potential and innovative solutions. As of 2026, FutureTech II Acquisition Corp. has no significant operations beyond its search for a suitable merger candidate. The company's success hinges on its ability to identify, negotiate, and complete a merger with a promising technology company, delivering value to its shareholders through the growth and performance of the acquired business. The company has two employees.

What Products and Services Does FTII Offer?

  • Acts as a special purpose acquisition company (SPAC).
  • Seeks to merge with a private technology company.
  • Raises capital through an initial public offering (IPO).
  • Identifies potential acquisition targets in the technology sector.
  • Negotiates merger agreements with target companies.
  • Facilitates the public listing of the acquired company.

How Does FTII Make Money?

  • Raises capital through an IPO to form a SPAC.
  • Searches for a private technology company to acquire.
  • Completes a merger, taking the target company public.
  • Generates returns for shareholders through the growth of the acquired company.

What Industry Does FTII Operate In?

FutureTech II Acquisition Corp. operates within the shell company industry, a segment of the financial services sector characterized by special purpose acquisition companies (SPACs). These companies are formed to raise capital through an initial public offering (IPO) with the purpose of acquiring an existing private company. The SPAC market has experienced fluctuations in recent years, with periods of high activity followed by increased scrutiny and regulatory changes. The success of SPACs depends on their ability to identify attractive acquisition targets and complete mergers that deliver value to shareholders. The competitive landscape includes numerous SPACs seeking deals in various sectors, making the identification of suitable targets challenging.

Who Are FTII's Key Customers?

  • Investors who participate in the initial public offering (IPO).
  • Shareholders who hold stock in the company.
  • The private technology company that merges with the SPAC.
Model self-rating on this text: 66% (not a measure of the evidence) Updated: May 4, 2026

Research confidence

Low 15/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price 5 days old
  • Latest filing 385 days ago
  • No analyst coverage

MoonshotScore History

Recorded daily since 2026-08-23 · 4 snapshots

2026-08-23 48
2026-08-24 48
2026-08-25 48
2026-08-26 48

What changed?

The score has stayed at 48.

Over the same 3 days the stock moved +0.0%.

Company Profile

FutureTech II Acquisition Corp. operates in the Shell Companies industry within the Financial Services sector. It is headquartered in New Rochelle, US. The company is led by CEO Ray Chen. FTII has traded publicly since 2022.

FutureTech II Acquisition Corp. Financial Trajectory

FutureTech II Acquisition Corp. (FTII) reported $0 in revenue for Q2 FY2025, based on the latest filing compared to the prior quarter. The company recorded a net loss of $81K, with diluted EPS of $-0.02. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Financial Services. Across the four most recent quarters, FTII averaged $-0.12 in diluted EPS.

How FutureTech II Acquisition Corp. Is Valued

FutureTech II Acquisition Corp. carries a market capitalization of $51.6M, placing it in the micro-cap category.

Key Financial Metrics

Return on assets is -10.2%, showing how much profit it generates from its asset base. Its free cash flow yield is -4.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.21 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -2.6%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 0/9

Financial Health

FutureTech II Acquisition Corp.'s Piotroski F-Score is 0/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.53 places it in the distress zone, a signal of elevated financial risk.

Balanced

Insider Activity

The most recent 12 insider filings for FutureTech II Acquisition Corp. break down as 6 sales and 6 purchases. Buying and selling roughly offset over the period, so insider signaling is neutral.

FTII Financials

Fundamental Snapshot

Net Income Growth (FY)
-125.7%
EPS Growth (FY)
-226.1%
Free Cash Flow Growth (FY)
-9.0%
Return on Equity (TTM)
-459.1%
Current Ratio
0.2

Based on FMP financials and quantitative analysis · FY 2024

Bull Case vs Bear Case

Bull Case

  • Focus on the technology industry.
  • Experienced management team.
  • Access to capital through the IPO.
  • Upcoming: Announcement of a potential merger target could significantly impact the stock price.

Bear Case

  • Reliance on identifying and completing a successful merger.
  • Lack of current operations.
  • Dependence on market conditions.
  • Potential: Failure to identify and complete a merger could result in the liquidation of the company.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · May 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q2 FY2025 $0 -$80,647 -$0.02
Q1 FY2025 $0 -$290,000 -$0.11
Q4 FY2024 $0 -$709,000 -$0.28
Q3 FY2024 $0 -$123,000 -$0.05

Q2 FY2025 · filed 22 Aug 2025 · SEC EDGAR →

Based on FMP financials and quantitative analysis

FTII Latest News

No recent news available for FTII.

Leadership: Ray Lei Chen

Unknown

Ray Lei Chen is the managing member of FutureTech II Acquisition Corp. As the managing member, Chen is responsible for overseeing the company's operations, identifying potential acquisition targets, and negotiating merger agreements. Chen manages 2 employees.

Track Record: Due to the nature of FutureTech II Acquisition Corp. as a shell company, there are limited milestones to evaluate Chen's track record. Chen's performance will be determined by the success of the company in identifying and completing a value-accretive merger. As of 2026-05-04, no merger has been completed.

FTII OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that FutureTech II Acquisition Corp. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be current in their reporting obligations. Investing in companies on the OTC Other tier carries a higher degree of risk due to the lack of regulatory oversight and potential for fraud or manipulation. Investors should exercise extreme caution and conduct thorough due diligence before investing in these companies.

  • OTC Tier: OTC Other
Liquidity: Liquidity in OTC Other stocks can be highly variable and often limited. Trading volume may be low, resulting in wide bid-ask spreads and difficulty in executing large trades without significantly impacting the price. Investors may experience challenges in buying or selling shares quickly and at desired prices. The lack of liquidity increases the risk of price volatility and potential losses.
OTC Risk Factors:
  • Limited financial disclosure increases the risk of investing in FTII.
  • Low trading volume can lead to price volatility.
  • The OTC Other tier has less regulatory oversight than major exchanges.
  • Potential for fraud or manipulation is higher on the OTC Other tier.
  • The company's ability to complete a merger is uncertain.
Due Diligence Checklist:
  • Verify the company's financial statements and reporting status.
  • Research the background and experience of the management team.
  • Assess the company's business plan and acquisition strategy.
  • Evaluate the potential risks and rewards of investing in the company.
  • Monitor trading volume and price volatility.
  • Consult with a financial advisor.
  • Understand the regulatory environment for OTC Other stocks.
Legitimacy Signals:
  • Company is registered in New Rochelle, New York.
  • Company was incorporated in 2021.
  • Company is actively seeking a merger target in the technology sector.

Common Questions About FTII (Financial Services)

What happened to FutureTech II Acquisition Corp. (FTII) stock?

FutureTech II Acquisition Corp. (FTII) no longer trades on public markets. The figures below are historical and are not a current quote.

Can I still buy FTII shares?

No. FTII stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for FTII elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before FTII stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to FutureTech II Acquisition Corp.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does FutureTech II Acquisition Corp. do?

FutureTech II Acquisition Corp. operates as a special purpose acquisition company (SPAC), also known as a blank check company. Its sole purpose is to raise capital through an initial public offering (IPO) and then use those funds to acquire an existing private company, effectively taking the target company public.

What do analysts say about FTII stock?

As of 2026-05-04, there is limited analyst coverage of FutureTech II Acquisition Corp. due to its nature as a shell company.

What are the main risks for FTII?

The main risks for FutureTech II Acquisition Corp. include the failure to identify and complete a merger, competition from other SPACs for attractive acquisition targets, unfavorable market conditions, and regulatory changes.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Limited information available on the company due to its nature as a shell company.
  • OTC market data may be less reliable than major exchange data.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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