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

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-11
Form: PRE 14A
Chunk 11
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 The purpose of the Trust Amendment Proposal is to revise terms that would apply to our Trust Account maintained at Continental under the Trust Agreement so that they are aligned to the terms to be included in our Amended Certificate by the Extension Amendment Proposal. Pursuant to the terms of the current Amended Certificate and the Trust Agreement, we are allowed to extend the Business Combination Period until the current Termination Date by electing to make an Extension Payment for each one month extension. By approving the Extension Proposals, our Amended Certificate and the Trust Agreement would be amended to allow us to extend the Combination Period from the Current Termination Date up until the Amended Termination Date by electing to make an Extension Payment for each one month extension equal to the lesser of: (a) $50,000; and (b) $0.06 for each then -outstandingshare of the Company’s Class A common stock, par value $0.0001 per share, issued in our IPO after giving effect to any redemptions in connection with the Extension Amendment Proposal into the Trust Account. For each Extension Payment, our Sponsor will deposit the applicable Extension Payment amount into the Trust Account and we will issue an unsecured promissory note (each an “Extension Note”) in the principal amount of the Extension Payment to our Sponsor. Each Extension Note will bear no interest and will be repayable in full upon the consummation of an initial business combination. If we do not consummate an initial business combination, then any Extension Notes will not be repaid and all amounts owed under the Extension Notes will be forgiven except to the extent that we have funds available to us outside of the Trust Account. Approval of each of the Extension Proposals is a condition to the implementation of the Extension. In addition, we will not proceed with the Extension unless we will have at least $5,000,001 of net tangible assets following approval of the Extension Proposals, after taking into account any redemption payments. The purpose of the Adjournment Proposal is to allow us to adjourn the Special Meeting to a later date or dates if we determine that additional time is necessary to permit further solicitation and vote of proxies in the event that there are insufficient votes to approve the Extension Proposals if we determine that additional time is necessary to effectuate the Extension. The affirmative vote of 65% of the Company’s outstanding Class A common stock and Class B common stock (“Class B common stock” or the “founder shares” and, together with the Class A common stock,