Company: FORL
Filing Date: 2025-06-11
Form Type: PRE 14A
Source: 0001213900-25-053453
Chunk: 19

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-11
Form: PRE 14A
Chunk 19
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 stock at an exercise price of $11.50. The public units were sold at a price of $10.00 per unit, generating gross proceeds to us of $54,210,000. In connection with the consummation of the IPO, on March 16, 2023, our Sponsor forfeited an aggregate of 373,750 founder shares for no consideration, resulting in our Sponsor and directors holding an aggregate of 1,495,000 founder shares, of which up to 195,000 founder shares were subject to forfeiture to the extent the over -allotmentoption was not exercised in full by the underwriter prior to its expiration date on April 30, 2023. On March 17, 2023, the underwriters partially exercised their over -allotmentoption and purchased 221,000 additional public units. Upon the partial exercise their over -allotmentoption by the underwriters, the forfeiture lapsed for 55,250 founder shares. Following the expiration of the underwriters’ remaining over -allotmentoption on April 30, 2023, the remaining 139,750 founder shares were forfeited, resulting in our Sponsor and directors holding an aggregate of 1,355,250 founder shares. Simultaneously with the closing of the IPO, we consummated the private placement (“Private Placement”) of 3,576,900 warrants (the “private warrants”), which were purchased by our Sponsor, at a price of $1.00 per private warrant, generating gross proceeds to us of approximately $3.58 million. Upon the closing of the IPO and the Private Placement (including the additional public units sold in connection with the partial exercise of the underwriter’s over -allotmentoption), $55,836,300 ($10.30 per public unit) of the net proceeds of the sale of the public units in the IPO and the Private Placement were placed into the Trust Account. Like most blank check companies’ governing documents, our Amended Certificate provides for the return of the IPO proceeds held in the Trust Account to the holders of public shares if there is no qualifying initial business combination consummated on or before a certain date. Under our Amended Certificate, 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. 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