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

Company: Four Leaf Acquisition Corp
Filing Date: 2025-08-27
Form: 10-Q
Item: Part I, Item 1
Chunk 10
---
 business combination successfully. The Company must complete
one or more initial business combinations having an aggregate fair market value of at least 80% of the assets held in the Trust Account
(excluding the taxes payable on interest earned and less any interest earned thereon that is released for taxes) at the time of the agreement
to enter into the initial business combination. However, the Company will only complete a business combination if the post-transaction
company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires an interest in the target
sufficient for it not to be required to register as an investment company under the Investment Company Act 1940. 

In
connection with any proposed initial business combination, the Company will either: (1) seek stockholder approval of such initial business
combination at a meeting called for such purpose at which stockholders may seek to convert their shares, regardless of whether they vote
for or against the proposed business combination or do not vote at all, into their pro rata share of the aggregate amount then on deposit
in the Trust Account (net of taxes payable), or (2) provide its stockholders with the opportunity to sell their shares to the Company
by means of a tender offer (and thereby avoid the need for a stockholder vote) for an amount equal to their pro rata share of the aggregate
amount then on deposit in the Trust Account (net of taxes payable), in each case subject to the limitations described herein. 

If
the Company engages in a tender offer, such tender offer will be structured so that each stockholder may tender all of his, her or its
shares rather than a pro rata portion of his, her or its shares. The decision as to whether the Company will seek stockholder approval
of a proposed business combination or will allow stockholders to sell their shares to the Company in a tender offer will be made by the
Company, solely in the Company’s discretion, and will be based on a variety of factors such as the timing of the transaction and
whether the terms of the transaction would otherwise require the Company to seek stockholder approval. If the Company determines to allow
stockholders to sell their shares to the Company in a tender offer, it will file tender offer documents with the U.S. Securities and
Exchange Commission (“SEC”) which will contain substantially the same financial and other information about the initial business
combination as is required under the SEC’s proxy rules. 

The
Company will proceed with a business