Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 1223

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 6
Chunk 1223
---
500)
  
    Gross proceeds from issuance of public units 
     -  
     54,210,000 
  
    Proceeds from issuance of Private Warrants 
     -  
     3,577,000 
  
    Payment of offering costs on Public Units 
     -  
     (1,435,184)
  
    Net cash provided by (used in) financing activities 
     (28,271,256) 
     56,312,316 

    Net change in cash 
     17,785  
     9,342 

    Cash - beginning of the period 
     10,622  
     1,280 
  
    Cash - end of the period 
    $28,407  
    $10,622 

    Supplemental disclosure of cash flow information: 

    Cash paid for income taxes 
    $(674,841) 
    $- 

    Non-cash investing and financing activities: 

    Accretion of Class A common stock subject to possible redemption 
    $4,150,781  
    $7,138,931 
  
    Deferred underwriting commissions 
    $-  
    $1,897,350 
  
    Issuance of Representative Shares for services 
    $-  
    $270,520 
  
    Directors’ and officers’ insurance fee paid by potential target 
        
    $191,250 
  
    Offering costs included in accrued offering costs 
    $-  
    $97,440 
  
    Excise tax liability 
    $301,944  
    $- 

The accompanying notes are an
integral part of these financial statements.

F-6

FOUR LEAF
ACQUISITION CORPORATION

NOTES
TO FINANCIAL STATEMENTS

NOTE 1 - ORGANIZATION AND
DESCRIPTION OF BUSINESS

Nature of Operations 

Four Leaf
Acquisition Corporation (the “Company”) is a blank check company that was incorporated as a Delaware corporation on March
3, 2022 and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses.

On December
17, 2024, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Xiaoyu Dida Interconnect
International Limited, a Cayman Islands exempted company