Company: FORL
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045609
Chunk: 138

Company: Four Leaf Acquisition Corp
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 4
Chunk 138
---
, significant effort and resources to the remediation and improvement of its internal control
over financial reporting.

    ●
    The Company implemented additional controls related to vendor verification.

    ●
    The Company implemented additional reviews of each payment made by several authorized individuals.

    ●
    The Company is in the process of opening a separate bank account to segregate the funds that are restricted as to their use from those that can be utilized for working capital needs.

We can offer no assurance that these initiatives
will ultimately have the intended effects.

Changes in Internal Control Over Financial
Reporting

Other than changes that have resulted from the
material weakness remediation activities noted above, there has been no change in the internal control over financial reporting, during
the most recently completed fiscal quarter, that has materially affected, or is reasonably likely to materially affect, the internal control
over financial reporting.

38

PART II-OTHER INFORMATION

Item 1. Legal Proceedings

None.

Item 1A. Risk Factors

As a “smaller reporting
company” as defined by Item 10 of Regulation S-K, the Company is not required to provide the information required by this Item.

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

None.

39

Item 6. Exhibits. 

    Exhibit
Number
     
    Description
  
    10.1
     
    Promissory Note, dated April 30, 2025, issued to ALWA Sponsor, LLC (Incorporated by reference to Exhibit 10.8 to the Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC on April 30, 2025)
  
    31.1*
     
    Certification of Principal Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes Oxley Act of 2002.
  
    31.2*
     
    Certification of Principal Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes Oxley Act