Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 38

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1
Chunk 38
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 earned on the funds held in the trust account and not previously released to us to
pay our taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares,
which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further
liquidating distributions, if any), subject to applicable law; and (iii) as promptly as reasonably possible following such redemption,
subject to the approval of our remaining stockholders and our board of directors, dissolve and liquidate, subject in the case of clauses
(ii) and (iii) above to our obligations under Delaware law to provide for claims of creditors and the requirements of other applicable
law. In such case, our public stockholders may only receive $11.25 per share, and our warrants will expire worthless. In certain circumstances,
our public stockholders may receive less than $11.25 per share on the redemption of their shares. See “— If third parties bring
claims against us, the proceeds held in the trust account could be reduced and the per-share redemption amount received by stockholders
may be less than $11.25 per share” and other risk factors herein.

If we seek stockholder approval of our initial business combination,
our Sponsor, directors, officers and their affiliates may elect to purchase shares or warrants from public stockholders, which may influence
a vote on a proposed initial business combination and reduce the public “float” of our Class A common stock.

If we seek stockholder approval of our initial business combination,
our Sponsor, directors, officers, their affiliates may purchase public shares and Public Warrants in privately negotiated transactions
or in the open market either prior to or following the completion of the business combination, although they are under no obligation to
do so. There is no limit on the number of public shares or Public Warrants our Sponsor, directors, officers or any of their respective
affiliates may purchase in such transactions, subject to compliance with applicable law and Nasdaq rules. Any such privately negotiated
purchases may be effected at purchase prices that are no higher than the per share pro rata portion of the trust account. However, our
Sponsor, directors, officers and their respective affiliates have not consummated any such purchases or acquisitions, have no current
commitments, plans or intentions to engage in such transactions and have not formulated any terms or conditions for any such transactions.
None of the funds in the trust account will be used to purchase public shares