Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 24

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1
Chunk 24
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 proxy of shares of outstanding capital stock of the company
representing a majority of the voting power of all outstanding shares of capital stock of the company entitled to vote at such meeting.

If we seek stockholder approval of our initial business combination,
our Sponsor, directors, officers, their affiliates may privately negotiate to purchase public shares and Public Warrants from stockholders
who would have otherwise elected to have their shares redeemed in conjunction with a proxy solicitation pursuant to the proxy rules for
a per share pro rata portion of the trust account. There is no limit on the number of public shares or Public Warrants our Sponsor, directors,
officers or any of their respective affiliates may purchase in such transactions, subject to compliance with applicable law and Nasdaq
rules. Any such privately negotiated purchases may be effected at purchase prices that are no higher than the per share pro rata portion
of the trust account. However, our Sponsor, directors, officers and their respective affiliates have not consummated any such purchases
or acquisitions, have no current commitments, plans or intentions to engage in such transactions and have not formulated any terms or
conditions for any such transactions. None of the funds in the trust account will be used to purchase public shares or Public Warrants
in such transactions. Our sponsor, directors, officers and any of their respective affiliates will not make any such purchases when they
are in possession of any material non-public information not disclosed to the seller of such public shares or Public Warrants or during
a restricted period under Regulation M under the Securities Exchange Act of 1934, as amended. Such a purchase could include a contractual
acknowledgement that such stockholder, although still the record holder of such public shares, is no longer the beneficial owner thereof
and therefore agrees not to exercise its redemption rights. Any public shares purchased by our Sponsor or its affiliates following public
announcement of a proposed initial business combination would not be voted in favor of approving the initial business combination. In
the event that our Sponsor, directors, officers or any of their respective affiliates purchase public shares in privately negotiated transactions
from public stockholders who have already elected to exercise their redemption rights, such selling stockholders would be required to
revoke their prior elections to redeem their shares. In addition, our Sponsor and its affiliates would waive any redemption rights with
respect to any public shares that they purchase in any such privately negotiated transactions.

The purpose of any such purchases of public shares could be to increase
the likelihood of obtaining stockholder approval of the business combination