Company: FORL
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045609
Chunk: 18

Company: Four Leaf Acquisition Corp
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 18
---
    (v)
    by either the Company or Xiaoyu Dida if the CSRC Filing Notice has not been obtained by the Outside Date;

    (vi)
    by either Company or Xiaoyu Dida if Company stockholder approval shall not have been obtained by reason of the failure to obtain the required vote upon a vote held at the special meeting or any adjournment or postponement thereof; or

10

    (vii)
    by the Company if Xiaoyu Dida shareholder approval shall not have been obtained by reason of the failure to obtain the required vote at the general meeting duly convened therefor or at any adjournment or postponement thereof.

If the Merger
Agreement is validly terminated, none of the parties to the Merger Agreement will have any liability or further obligation under the Merger
Agreement.

Notices
from the Nasdaq Stock Market

On September 24, 2024,
the Company received a letter (the “September Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market
LLC (“Nasdaq”) informing the Company that, for the last 36 consecutive business days, the Market Value of Listed Securities
(“MVLS”) for the Company was below the $35 million minimum MVLS requirement for continued listing on the Nasdaq Capital Market
under Nasdaq Listing Rule 5550(b)(2) (the “MVLS Rule”). The September Notice is a notification of deficiency, not a notice
of imminent delisting, and has no current effect on the listing or trading of the Company’s securities. In accordance with Nasdaq
Listing Rule 5810(c)(3)(C), the Company will have 180 calendar days, or until March 24, 2025 (the “Compliance Period”), to
regain compliance with the MVLS Rule.

On November 21, 2024,
the Company received a letter (the “November Notice”) from the Nasdaq indicating that the Company remains in non-compliance
with the timely filing requirement for continued listing under Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely
file all required periodic reports with the Securities and Exchange Commission. The November Notice has no immediate effect on the listing
or trading of the Company’s common stock. The Company filed the delinquent Form 10-Q on January 15, 2025.

On April 8, 2025, the
Company received written notice (the “Delisting