Company: FORL
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045609
Chunk: 55

Company: Four Leaf Acquisition Corp
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 55
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 21, 2025, the Company further extended
the period it has to consummate an initial business combination by a period of one month, or until May 22, 2025 (the “Fourth 2025
Monthly Extension”). In connection with the one-month extension, the Company’s Sponsor deposited $75,000 into the Company’s
Trust Account.

On May 19, 2025, the Company further extended
the period it has to consummate an initial business combination by a period of one month, or until June 22, 2025 (the “Fifth 2025
Monthly Extension”). In connection with the one-month extension, the Company’s Sponsor deposited $75,000 into the Company’s
Trust Account.

If the Company is unable to complete an initial
business combination by June 22, 2025, the Company 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 shares of Class A common stock subject to possible redemption, at a per-share
price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held
in the Trust Account (less any income or franchise tax obligations and up to $100,000 of interest to pay dissolution expenses), divided
by the number of then outstanding shares of Class A common stock, which redemption will completely extinguish public stockholders’
rights as stockholders (including the right to receive further liquidating distributions, if any); and (iii) as promptly as reasonably
possible following such redemption, subject to the approval of the remaining stockholders and the Board of Directors, liquidate and dissolve,
subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of
other applicable law.

The Company’s Initial Stockholders agreed
to waive their rights to liquidating distributions from the Trust Account with respect to any shares of Class B common stock, par value
$0.0001 per share (“Class B common stock” or “Founder Shares”) held by them if the Company fails to complete its
initial business combination within the Combination Period. However, if the Initial Stockholders acquire Public Shares in or after the
IPO date, they will be entitled to liquidating distributions from the Trust Account with respect to such Public Shares if the Company
fails to complete a business combination within the prescribed time frame. The under