Company: FORL
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001213900-25-054453
Chunk: 51

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 51
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 our 20 Sponsor will benefit from the completion of a business combination and may be incentivized to complete the business combination, even if it is with a less favorable target company or on less favorable terms to stockholders, rather than liquidate the Company. Additionally, among other things, these interests include the following: •the fact that our Sponsor and our directors have agreed not to redeem any common stock held by them in connection with the stockholder vote to approve a proposed initial business combination, including the business combination; •the fact that our Sponsor paid an aggregate of $25,000 for the 1,355,250 founder shares currently owned by our independent directors and Sponsor, in which certain of the our officers and directors hold a direct and indirect interest. The founder shares would be worthless if a business combination is not consummated by the Current Termination Date (assuming we do not decide to exercise the second extension option), because the holders are not entitled to participate in any redemption or distribution with respect to such shares. Such securities may have a significantly higher value at the time of the business combination and, if unrestricted and freely tradable, would be valued at approximately $15,449,580, based upon the closing price of our Class A common stock on the Nasdaq on June12, 2025; •the fact that if a business combination is not consummated by the Current Termination Date (assuming we do not decide to exercise the currently available second three -monthextension option available under the Amended Certificate), the 3,576,900 private warrants, each exercisable to purchase one share of Class A common stock at $11.50 per share, subject to adjustment, held by our Sponsor, in which certain of our officers and directors hold a direct and indirect interest, which were acquired for an aggregate purchase price of $3,576,900 in a private placement that took place simultaneously with the consummation of the IPO. Such securities may have a higher value at the time of the business combination and, if unrestricted and freely tradable, would be valued at approximately $117,772, based upon the closing price of the public warrants on the Nasdaq on June12, 2025; •the fact that if a business combination is not consummated by the Current Termination Date (assuming we do not decide to exercise the currently available second three -monthextension option available under the Amended Certificate), we will cease all operations except for the purpose of winding up, redeeming 100% of the outstanding Class A