Company: FORL
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001213900-25-054453
Chunk: 25

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 25
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 to be able to consummate an initial business combination. Therefore, our Board has determined that it is in the best interests of our stockholders to extend the date by which we must consummate an initial business combination to the Amended Termination Date in order to provide our stockholders with the opportunity to participate in an investment in a company with which we may combine. The Board also believes that it is advantageous for the Board to determine, in its sole discretion, whether to liquidate and dissolve the Company at a date that is earlier than the Amended Termination Date, which our stockholders would be enabling the Board to do by approving the Extension Amendment Proposal. The purpose of the Trust Amendment Proposal is to revise the terms that would apply to our Trust Account maintained at Continental under the Trust Agreement so that they are aligned to the terms to be included in our Amended Certificate by the Extension Amendment Proposal. By approving the Extension Proposals, our Amended Certificate and the Trust Agreement would be amended to allow us to extend the Business Combination Period from the Current Termination Date up until the Amended Termination Date by electing to make an Extension Payment for each one month extension of $75,000 into the Trust Account. For each Extension Payment, our Sponsor will deposit the applicable Extension Payment amount into the Trust Account and we will issue a Extension Note in the principal amount of the Extension Payment to our Sponsor. Each Extension Note will bear no interest and will be repayable in full upon the consummation of an initial business combination. If we do not consummate an initial business combination, then any Extension Notes will not be repaid and all amounts owed under the Extension Notes will be forgiven except to the extent that we have funds available to us outside of the Trust Account. 5 The purpose of the Adjournment Proposal is to allow us to adjourn the Special Meeting to a later date or dates if we determine that additional time is necessary to permit further solicitation and vote of proxies in the event that there are insufficient votes to approve the Extension Proposals or if we determine that additional time is necessary to effectuate the Extension. Accordingly, our Board is proposing the Extension Proposals and, if necessary, the Adjournment Proposal to extend our corporate existence until the Amended Termination Date. You are not being asked to vote on any proposed initial business combination at this time. If the Extension is implemented and you do not elect to redeem your public shares now, you will retain the right to vote on any proposed initial business combination when and if one is submitted