Company: FORL
Filing Date: 2025-06-11
Form Type: PRE 14A
Source: 0001213900-25-053453
Chunk: 45

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-11
Form: PRE 14A
Chunk 45
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 to the 30 -monthanniversary, the greater the risk is that we may be considered an unregistered investment company, in which case we may be required to liquidate. Accordingly, we may determine, in its discretion, to liquidate the securities held in the Trust Account at any time, even prior to the 30 -monthanniversary, and instead hold all funds in the Trust Account in an interest -bearingdemand deposit account until the earlier of consummation of an initial business combination or liquidation. Interest on such demand deposit accounts is variable, and we cannot assure you that such rate will not decrease or increase significantly. As a result, following such liquidation, we may receive less interest on the funds held in the Trust Account, which would reduce the dollar amount the public stockholders would receive upon any redemption or liquidation. 16 A 1% U.S. federal excise tax could be imposed on us in connection with redemptions by us of the public shares. The IRA imposes the Excise Tax on certain repurchases (including redemptions) of stock by publicly traded domestic corporations and certain domestic subsidiaries of publicly traded foreign corporations. The Excise Tax is imposed on the repurchasing corporation itself, not its stockholders from which shares are repurchased. Generally, the amount of the Excise Tax is 1% of the fair market value of the shares repurchased at the time of the repurchase. For the purposes of calculating the Excise Tax, the repurchasing corporation is permitted to net the fair market value of certain new stock issuances against the fair market value of the stock repurchases that occur in the same taxable year. Any redemption of our shares of Class A common stock may be subject to the Excise Tax; however, because the Excise Tax would be payable by us and not by the redeeming holder, the mechanics of any required payment of the Excise Tax have not been determined. The Excise Tax is imposed on the repurchasing corporation itself, not the stockholders from which stock is repurchased. We confirm that the proceeds placed in the Trust Account (including future Extension Payments), and the interest earned thereon will not be used to pay for the Excise Tax that may be levied on us in connection with such redemptions. 17 THE SPECIAL MEETING Date, Time, Place and Purpose of the Special Meeting The Special Meeting will be held at [•] a.m., Pacific Time, on [•], 2025. We have decided to hold