Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 32

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1
Chunk 32
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 you that our plans to raise capital or to consummate an initial business combination will
be successful. These factors, among others, raise substantial doubt about our ability to continue as a going concern. The financial statements
contained elsewhere in this Annual Report do not include any adjustments that might result from our inability to consummate an initial
business combination or our inability to continue as a going concern.

Our public stockholders may not be afforded an opportunity to vote
on our proposed initial business combination, which means we may complete our initial business combination even though a majority of our
public stockholders do not support such a combination.

We may choose not to hold a stockholder vote to approve our initial
business combination unless the initial business combination would require stockholder approval under applicable law or stock exchange
listing requirements or if we decide to hold a stockholder vote for business or other legal reasons. Except as required by applicable
law or stock exchange listing requirements, the decision as to whether we will seek stockholder approval of a proposed initial business
combination or will allow stockholders to sell their shares to us in a tender offer will be made by us, solely in our discretion, and
will be based on a variety of factors, such as the timing of the transaction and whether the terms of the transaction would otherwise
require us to seek stockholder approval. Accordingly, we may complete our initial business combination even if holders of a majority of
our public shares do not approve of the initial business combination we complete.

If we seek stockholder approval of our initial business combination,
our initial stockholders have agreed to vote in favor of such initial business combination, regardless of how our public stockholders
vote.

Pursuant to the letter agreement, our Initial Stockholders have agreed
to vote any Founder Shares held by them, as well as any public shares purchased after the Initial Public Offering (including in open market
and privately negotiated transactions), in favor of our initial business combination, subject to certain restrictions. As a result, in
addition to our Founder Shares, we would need only 683,827, or 25.1% of the 2,722,903 Class A Common Stock (including public shares sold
in the Initial Public Offering and the Representative Shares) to be voted in favor of a transaction in order to have our initial business
combination approved assuming all outstanding shares are voted; and we would not need any of the Class A Common Stock to be voted in favor
of a transaction in order to have our initial business combination approved assuming only