Company: FORL
Filing Date: 2025-08-27
Form Type: 10-Q
Source: 0001213900-25-080962
Chunk: 63

Company: Four Leaf Acquisition Corp
Filing Date: 2025-08-27
Form: 10-Q
Item: Part I, Item 1
Chunk 63
---
 Extension) to complete an initial
business combination, subject to the Company making the required Trust Account deposits. If an initial business combination is not consummated
by September 22, 2025 (or June 22, 2026 if the additional extensions are afforded to the Company
under the terms of the 2025 Extension), there will be a mandatory liquidation and subsequent dissolution of the Company. The Company
may need to raise additional capital through loans or additional investments from its Sponsor, stockholders, officers, directors, or
third parties. The Company’s officers, directors and the Sponsor may, but are not obligated to, loan the Company funds, from time
to time or at any time, in whatever amount they deem reasonable in their sole discretion, to meet the Company’s working capital
needs and provide for the required monthly extension Trust Account deposits. Accordingly, the Company may not be able to obtain additional
financing. If the Company is unable to raise additional capital, it may be required to take additional measures to conserve liquidity,
which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and
reducing overhead expenses. The Company cannot provide any assurance that new financing will be available to it on commercially acceptable
terms, if at all. These conditions raise substantial doubt about our ability to continue as a going concern, assuming a business combination
is not consummated. Our unaudited condensed financial statements do not include any adjustments relating to the recovery of the recorded
assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.

We
believe that the proceeds raised in the IPO and the funds potentially available from loans from the Sponsor or any of their affiliates
will be sufficient to allow us to meet the expenditures required for its activities until a business combination is complete. However,
if the estimate of the costs of identifying a target business, undertaking in-depth due diligence and negotiating an initial business
combination are less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior
to the initial business combination. Moreover, we may need to obtain additional financing either to complete the initial business combination
or because we become obligated to redeem a significant number of Public Shares upon completion of the initial business combination, in
which case we may issue additional securities or incur debt in connection with such initial business combination.

Results
of Operations

Since
the IPO, the Company’s