Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 266

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1A
Chunk 266
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ID U.S. business” (defined as a U.S. business that (1) produces, designs, tests, manufactures, fabricates,
or develops one or more critical technologies; (2) owns or operates certain critical infrastructure; or (3) collects or maintains directly
or indirectly sensitive personal data of U.S. citizens), and certain acquisitions, leases, and concessions involving real estate even
with no underlying U.S. business. Certain categories of acquisitions of and investments in a U.S. business also may be subject to a mandatory
notification requirement.

28

If any future initial business combination with a U.S. target company
falls within the scope of CFIUS review, CFIUS could decide to block or delay the business combination, impose conditions with respect
to the business combination or request the President of the United States to order us to divest all or a portion of any U.S. target business
of the business combination that we acquired without first obtaining CFIUS approval. The foreign ownership limitations, and the potential
impact of CFIUS, may limit the attractiveness of a transaction with us or prevent us from pursuing certain initial business combination
opportunities that we believe would otherwise be beneficial to us and our stockholders. As a result, the pool of potential targets with
which we could complete an initial business combination may be limited and we may be adversely affected in terms of competing with other
special purpose acquisition companies which do not have similar foreign ownership issues.

Moreover, the process and time required for CFIUS to conduct its review
and any remedy imposed by CFIUS could be lengthy and may prevent us from completing our initial business combination within the requisite
time period. Following our determination to exercise the first extension option, we must complete our initial business combination by
May 22, 2025 (or June 22, 2025, if we fully extend the period of time to consummate a business combination). Consequently, since we
only have a limited time to complete our initial business combination, our failure to obtain any required approvals within the requisite
time period may require us to liquidate. If we have not completed our initial business combination within such time period, we will: (i)
cease all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than ten business days
thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust
account,