Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 638

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1C
Chunk 638
---
    $10,622 

    Supplemental disclosure of cash flow information: 

    Cash paid for income taxes 
    $(674,841) 
    $- 

    Non-cash investing and financing activities: 

    Accretion of Class A common stock subject to possible redemption 
    $4,150,781  
    $7,138,931 
  
    Deferred underwriting commissions 
    $-  
    $1,897,350 
  
    Issuance of Representative Shares for services 
    $-  
    $270,520 
  
    Directors’ and officers’ insurance fee paid by potential target 
        
    $191,250 
  
    Offering costs included in accrued offering costs 
    $-  
    $97,440 
  
    Excise tax liability 
    $301,944  
    $- 

The accompanying notes are an
integral part of these financial statements.

F-6

FOUR LEAF
ACQUISITION CORPORATION

NOTES
TO FINANCIAL STATEMENTS

NOTE 1 - ORGANIZATION AND
DESCRIPTION OF BUSINESS

Nature of Operations 

Four Leaf
Acquisition Corporation (the “Company”) is a blank check company that was incorporated as a Delaware corporation on March
3, 2022 and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses.

On December
17, 2024, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Xiaoyu Dida Interconnect
International Limited, a Cayman Islands exempted company (“Xiaoyu Dida”), commonly known as Smart Station.

As of December
31, 2024, the Company had not commenced any operations. All activity for the period from March 3, 2022 (inception) through December 31,
2024, relates to the Company’s formation and the initial public offering (“IPO”) (as described below), as well as activities
necessary to identify a potential target and prepare for a business combination. The Company will not generate any operating revenues
until after the completion of its initial business combination. The Company generates non-operating income in the form of dividend and
interest income from the proceeds derived from the IPO. 

The Company
has selected December 31 as its fiscal year end. The Company’s sponsor is ALWA Sponsor,