Company: FORL
Filing Date: 2025-08-27
Form Type: 10-Q
Source: 0001213900-25-080962
Chunk: 16

Company: Four Leaf Acquisition Corp
Filing Date: 2025-08-27
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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 occur, and as such, the $19.9 million restricted for the redeeming shareholders has
been presented as Restricted cash – held in trust account on the Company’s unaudited condensed balance sheet. During August
of 2025, the Company remitted payment to the redeeming stockholders in the amount of $19.9 million.

8

On
June 18, 2025, prior to the 2025 Special Meeting but ratified as part of the 2025 Special Meeting, the Company provided funds to further
extend the period it has to consummate an initial business combination by a period of one month, or until July 22, 2025 (the “Sixth
2025 Monthly Extension”). In connection with the one-month extension, the Company’s Sponsor deposited $75,000 into the Company’s
Trust Account.

On
July 15, 2025, the Company further extended the period it has to consummate an initial business combination by a period of one month,
or until August 22, 2025 (the “Seventh 2025 Monthly Extension”). In connection with the one-month extension, the Company’s
Sponsor deposited $75,000 into the Company’s Trust Account.

On
August 19, 2025, the Company further extended the period it has to consummate an initial business combination by a period of one month,
or until September 22, 2025 (the “Eighth 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 September 22, 2025 (or June
22, 2026 if the additional extensions are afforded to the Company under the terms of the 2025 Extension), 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