FutureTech II Acquisition Looks For AI Or Robotics Target (NASDAQ:FTII)

FutureTech II Acquisition Corp. (NASDAQ:FTII) has raised approximately $100 million from an IPO at a price of $10.00 per unit, according to the terms of its most recent S-1/A regulatory filing. The SPAC (Special Purpose Acquisition Company) intends to pursue a merger with a company in the sectors of'disruptive technologies, for example, artificial intelligence, robotics, and any other technology innovations.' My approach is to seek SPACs where the executives have significant industry operating experience as well as at least one SPAC with a track record of success. So, absent those two characteristics, I'm on Hold for FTII at the present time. FutureTech II has 2 executives leading its sponsor, FutureTech II Partners LLC. Chief Executive Officer Yuquan Wang, who was the founding partner of Haiyin Capital and has been a board member of robotics companies and other technology firms.