Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 15

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1
Chunk 15
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 case of Four Leaf,
approvals of the Merger Agreement and the Mergers, and the third amended and restated certificate of incorporation. Four Leaf has also
agreed to include in the Proxy Statement/Prospectus the recommendation of the Board that stockholders approve all of the proposals to
be presented at the special meeting.

Non-Solicitation Restrictions

Each of Four Leaf and
Xiaoyu Dida has agreed that from the date of the Merger Agreement to the date of the closing (the “Closing” or “Closing
Date”) or, if earlier, the termination of the Merger Agreement in accordance with its terms, it will not, and it will cause
its representatives not to, solicit or initiate any negotiations with any party, or provide non-public information or data concerning
it or its subsidiaries to any party relating to an Alternative Transaction or Alternative Proposal (as such terms are defined in the Merger
Agreement), or enter into any agreement relating to such a proposal.

7

Conditions to Closing

The consummation of the
Closing is conditioned upon, among other things: (i) receipt of Four Leaf stockholder approval and Xiaoyu Dida shareholder approval; (ii)
the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and other
applicable anti-trust Laws; (iii) no provisions of any applicable Law and no Order (each as defined in the Merger Agreement) shall prohibit
or prevent the consummation of the Closing; (iv) all consents, approvals and actions of, filings with and notices to any Governmental
Authority required to consummate the transactions, including without limitation, the CSRC Filing Notice (as defined in the Merger Agreement),
shall have been made or obtained; (v) the effectiveness of the Registration Statement under the Securities Act of 1933, as amended (the
“Securities Act”); (vi) Four Leaf having at least $5,000,001 of net tangible assets (as determined in accordance with
Rule 3a51-1(g)(1) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)); (vii) the common stock
of Xiaoyu Dida to be issued pursuant to the Merger Agreement being listed or having been conditionally approved for listing on Nasdaq,
subject to official notice of issuance; (viii) solely with respect