Company: FORL
Filing Date: 2025-06-11
Form Type: PRE 14A
Source: 0001213900-25-053453
Chunk: 67

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-11
Form: PRE 14A
Chunk 67
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 Holders may be subject to tax on such dividends at regular ordinary income tax rates instead of the preferential rate that applies to qualified dividend income. Taxation of Redemption Treated as a Sale of Public Shares If the redemption of a U.S. Holder’s public shares is treated as a sale, as discussed above under the section entitled “ — Generally,” a U.S. Holder generally will recognize capital gain or loss in an amount equal to the difference between the amount of cash received in the redemption and the U.S. Holder’s adjusted tax basis in the public shares redeemed. Any such capital gain or loss generally will be long -termcapital gain or loss if the U.S. Holder’s holding period for the public shares so disposed of exceeds one year. It is unclear, however, whether the redemption rights with respect to the Company’s public shares may suspend the running of the applicable holding period for this purpose. If the running of the holding period is suspended, then non -corporateU.S. Holders may not be able to satisfy the one -yearholding period requirement for long -termcapital gain treatment, in which case any gain on a sale or taxable disposition of the shares or warrants would be subject to short -termcapital gain treatment and would be taxed at regular ordinary income tax rates. Long -termcapital gains recognized by non -corporateU.S. Holders generally will be eligible to be taxed at reduced rates. The deductibility of capital losses is subject to limitations. U.S. Holders who hold different blocks of public shares (including as a result of holding different blocks of public shares purchased or acquired on different dates or at different prices) should consult their tax advisors to determine how the above rules apply to them. Non-U .S. Holders As used herein, a “Non -U.S. Holder” is a beneficial owner of a public share who or that is, for U.S. federal income tax purposes: •a non -residentalien individual; •a foreign corporation; or •a foreign estate or trust. Generally The U.S. federal income tax consequences to a Non -U.S. Holder of public shares that exercises its redemption rights to receive cash from the Trust Account in exchange for all or a portion of its public shares will depend on whether the redemption qualifies as a sale of the public shares redeemed, as described above under “ Tax Treatment of Redeeming Stockholders — U.S. Holders — Generally.” If such a redemption qualifies as a sale of public shares, the U.S. federal income tax consequences to the