Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 432

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1A
Chunk 432
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 to the
completion of the initial business combination and rights to require us to register for resale such securities pursuant to Rule 415
under the Securities Act. The registration rights agreement does not contain liquidated damages or other cash settlement provisions
resulting from delays in registering securities.

Underwriting
Agreement 

The underwriter
received a fee of $0.15 per unit, or $813,150 in the aggregate at the closing of the IPO. In addition, $0.35 per share, or $1,897,350
in the aggregate will be payable to the underwriter for deferred underwriting commissions solely in the event that the Company completes
a business combination, subject to the terms of the underwriting agreement. 

In addition,
in conjunction with the IPO, the Company issued to the underwriter 54,210 Representative Shares. The holders of the Representative Shares
agreed (a) that they will not transfer, assign or sell any such shares without the Company’s prior consent until the completion
of the initial business combination, (ii) to waive their redemption rights (or right to participate in any tender offer) with respect
to such shares in connection with the completion of the initial business combination and (iii) to waive their rights to liquidating distributions
from the Trust Account with respect to such shares if the Company fails to complete the initial business combination within the Combination
Period. The representative shares are deemed to be underwriters’ compensation by FINRA pursuant to FINRA Rule 5110. 

NOTE
7 - STOCKHOLDERS’ DEFICIT 

Preferred
Stock - The Company is authorized to issue 5,000,000 shares of preferred stock with a par value of $0.0001 and with such designations,
voting and other rights and preferences as may be determined from time to time by the Company’s Board of Directors. As of December
31, 2024 and 2023 there were no shares of preferred stock issued or outstanding. 

Class
A common stock - The Company is authorized to issue 26,000,000 shares of Class A common stock, with a par value of $0.0001 per share.
Holders of Class A common stock are entitled to one vote for each share. As of December 31, 2024, there were 2,722,903 shares, of which
2,668,693 shares are subject to possible redemption and included in temporary equity. As of December 31, 2023, there were 5