Company: FORL
Filing Date: 2025-08-27
Form Type: 10-Q
Source: 0001213900-25-080962
Chunk: 42

Company: Four Leaf Acquisition Corp
Filing Date: 2025-08-27
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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). The holders of the majority of these securities
are entitled to make up to three demands, excluding short form demands that the Company register such securities. In addition, the holders
have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion
of the initial business combination and rights to require us to register for resale such securities pursuant to Rule 415 under the Securities
Act. The registration rights agreement does not contain liquidated damages or other cash settlement provisions resulting from delays
in registering securities.

Underwriting
Agreement 

The
underwriter received a fee of $0.15 per unit, or $813,150 in the aggregate at the closing of the IPO. In addition, $0.35 per share, or
$1,897,350 in the aggregate will be payable to the underwriter for deferred underwriting commissions solely in the event that the Company
completes a business combination, subject to the terms of the underwriting agreement. 

In
addition, in conjunction with the IPO, the Company issued to the underwriter 54,210 Representative Shares. The holders of the Representative
Shares agreed (a) that they will not transfer, assign or sell any such shares without the Company’s prior consent until the completion
of the initial business combination, (ii) to waive their redemption rights (or right to participate in any tender offer) with respect
to such shares in connection with the completion of the initial business combination and (iii) to waive their rights to liquidating distributions
from the Trust Account with respect to such shares if the Company fails to complete the initial business combination within the Combination
Period. The representative shares are deemed to be underwriters’ compensation by FINRA pursuant to FINRA Rule 5110. 

NOTE
7 - STOCKHOLDERS’ DEFICIT 

Preferred
Stock - The Company is authorized to issue 5,000,000 shares of preferred stock with a par value of $0.0001 and with such designations,
voting and other rights and preferences as may be determined from time to time by the Company’s Board of Directors. As of June
30, 2025 and December 31, 2024 there were no shares of preferred stock issued or outstanding. 

Class
A common stock - The Company is authorized to issue 26,000,000 shares of Class A common stock, with a par value of $0.0001 per share.
Holders of Class A common stock are entitled to one vote