Company: FORL
Filing Date: 2025-01-15
Form Type: 10-Q
Source: 0001829126-25-000187
Chunk: 0

Company: Four Leaf Acquisition Corp
Filing Date: 2025-01-15
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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FOUR LEAF ACQUISITION CORPORATION

CONDENSED BALANCE SHEETS

    September 30,

    December 31,

    2024

    2023

    (Unaudited)

    ASSETS

    Current assets

    Cash
     
    $
    125,986

    $
    10,622

    Prepaid expenses

    52,568

    49,842

    Total current assets

    178,554

    60,464

    Other assets

    Marketable securities held in trust account

    29,555,985

    58,063,737

    Total assets

    29,734,539

    58,124,201

    LIABILITIES, COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION, AND STOCKHOLDERS’ DEFICIT

    Current liabilities

    Accrued offering costs

    24,999

    97,440

    Accounts payable and accrued expenses

    403,217

    402,663

    Due to related party

    152,180

    62,180

    Convertible note - related party

    1,800,100

    272,000

    Deferred credit - operating expenses funded by potential target

    191,250

    191,250

    Excise tax liability

    301,944

    -

    Income taxes payable

    273,755

    443,990

    Total current liabilities

    3,147,445

    1,469,523

    Deferred underwriting fee payable

    1,897,350

    1,897,350

    Total liabilities

    5,044,795

    3,366,873

    Commitments and Contingencies (Note 6)

    Class A common stock subject to possible redemption, $0.0001 par value; 26,000,000 shares authorized; 2,668,693 shares at $11.07 redemption value shares issued and outstanding as of September 30, 2024 and 5,421,000 shares at $10.34 redemption value shares issued and outstanding as of December 31, 2023

    29,538,303

    56,067,420

    Stockholders’ deficit

    Preferred stock, $0.0001 par value; 5,