Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 400

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1A
Chunk 400
---
 
  
    Adjustments to reconcile net income to net cash used in operating activities 

    Dividend and interest income 
     (2,219,106) 
     (2,227,437)
  
    Loss on change in fair value of overallotment option 
     -  
     (134,583)
  
    Changes in current assets and liabilities 

    Prepaid expenses 
     14,842  
     45,314 
  
    Accounts payable and accrued expenses 
     33,803  
     506,257 
  
    Due to related party 
     120,000  
     65,000 
  
    Income taxes payable 
     (222,047) 
     443,990 
  
    Net cash used in operating activities 
     (1,869,244) 
     (466,674)

    Cash Flows from Investing Activities 

    Investment of cash into Trust Account 
     -  
     (55,836,300)
  
    Extension payments deposited into Trust Account 
     (1,067,100) 
     - 
  
    Redemption of investments 
     31,225,385  
     - 
  
    Net cash provided by (used in) investing activities 
     30,158,285  
     (55,836,300)

    Cash Flows from Financing Activities: 

    Proceeds from convertible note - related party 
     1,728,000  
     272,000 
  
    Proceeds from promissory note - related party 
     195,100  
     84,000 
  
    Redemption of Class A common stock subject to possible redemption 
     (30,194,356) 
     - 
  
    Repayment of promissory note 
     -  
     (395,500)
  
    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,