K2 Principal Fund L.P. Grows Stock Holdings in FutureTech II Acquisition Corp. (NASDAQ:FTII)

K2 Principal Fund L.P. raised its holdings in shares of FutureTech II Acquisition Corp. (NASDAQ:FTII) by 110.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,296 shares of the company’s stock after purchasing an additional 55,296 shares during the quarter. K2 Principal Fund L.P. owned 1.81% of FutureTech II Acquisition worth $1,289,000 as of its most recent filing with the Securities & Exchange Commission.

FutureTech II Acquisition Stock Performance

Shares of FTII opened at $11.02 on Friday. The business has a fifty day moving average of $11.46 and a 200 day moving average of $11.38. FutureTech II Acquisition Corp. has a 52-week low of $10.52 and a 52-week high of $12.48.

About FutureTech II Acquisition

FutureTech II Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire and manage a business in the technology industry.