Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 1391

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 7A
Chunk 1391
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to the review and approval of cash disbursements. As of December 31, 2024, $99,006 of the funds had yet to be replenished to the Company’s
cash or trust accounts.

To address this material weakness management has
devoted, and plans to continue to devote, significant effort and resources to the remediation and improvement of its internal control
over financial reporting.

●The Company implemented additional controls related to vendor
verification.

●The Company implemented additional reviews of each payment
made by several authorized individuals.

●The Company is in the process of opening a separate bank
account to segregate the funds that are restricted as to their use from those that can be utilized for working capital needs.

 We can offer no assurance that these initiatives
will ultimately have the intended effects.

Changes in Internal Control Over Financial
Reporting

Other than changes that have resulted from the
material weakness remediation activities noted above, there has been no change in the internal control over financial reporting, during
the most recently completed fiscal quarter, that has materially affected, or is reasonably likely to materially affect, the internal control
over financial reporting.

 Item 9B. OTHER INFORMATION

During the quarter and fiscal year ended December 31, 2024, no director
or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as each term is defined in
Item 408(a) of Regulation S-K.

 Item 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

Not applicable.

79

PART III

 Item 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Officers and Directors

Our officers and directors are as follows:

    Name
     
    Age
     
    Position
  
    Bala Padmakumar
     
    63
     
    Interim Chief Executive Office and Chairman of the Board
  
    Coco Kou
     
    42
     
    Executive Vice President and Director
  
    Robert de Neve
     
    63
     
    Chief Financial Officer
  
    Alvin Wang
     
    45
     
    Director
  
    Stephen Markscheid
     
    70
     
    Director
  
    Rahul Mewawalla
     
    46
     
    Director

Bala Padmakumar, Interim Chief Executive Office and Chairman