Company: FORL
Filing Date: 2025-08-27
Form Type: 10-Q
Source: 0001213900-25-080962
Chunk: 59

Company: Four Leaf Acquisition Corp
Filing Date: 2025-08-27
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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 business combination by a period of one month,
or until August 22, 2025 (the “Seventh 2025 Monthly Extension”). In connection with the one-month extension, the Company’s
Sponsor deposited $75,000 into the Company’s Trust Account.

On
August 19, 2025, the Company further extended the period it has to consummate an initial business combination by a period of one month,
or until September 22, 2025 (the “Eighth 2025 Monthly Extension”). In connection with the one-month extension, the Company’s
Sponsor deposited $75,000 into the Company’s Trust Account.

If
the Company is unable to complete an initial business combination by September, 2025 (or June 22,
2026 if the additional extensions are afforded to the Company under the terms of the 2025 Extension), the Company will: (i) cease
all operations except for the purpose of winding up; (ii) as promptly as reasonably possible, but not more than ten business days
thereafter, redeem the shares of Class A common stock subject to possible redemption, at a per-share price, payable in cash, equal
to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account (less
any income or franchise tax obligations and up to $100,000 of interest to pay dissolution expenses), divided by the number of then
outstanding shares of Class A common stock, which redemption will completely extinguish public stockholders’ rights as stockholders
(including the right to receive further liquidating distributions, if any); and (iii) as promptly as reasonably possible following
such redemption, subject to the approval of the remaining stockholders and the board of directors, liquidate and dissolve, subject in
each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable
law.

31

The
Company’s Initial Stockholders agreed to waive their rights to liquidating distributions from the Trust Account with respect to
any Class B common stock held by them if the Company fails to complete its initial business combination within the Combination Period.
However, if the Initial Stockholders acquire public shares in or after the IPO date, they will be entitled to liquidating distributions
from the Trust Account with respect to such public shares if the Company fails to complete a business combination within the prescribed
time frame. The underwriter has agreed to waive their rights