Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 19

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1
Chunk 19
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 and the Sponsor and certain shareholders of Xiaoyu Dida will be granted customary demand and piggyback registration
rights; and (b) certain shareholders of Xiaoyu Dida will agree not to transfer certain Xiaoyu Dida shares held by such shareholder, for
a period after the Closing specified therein, subject to certain exceptions.

Warrant Assignment,
Assumption and Amendment Agreement. In connection with the Closing, Four Leaf, Xiaoyu Dida and Four Leaf’s transfer
agent will enter into the Warrant Assumption Agreement, pursuant to which, among other things, Four Leaf will assign all of its rights,
interests and obligations in the Warrant Agreement to Xiaoyu Dida, and the Warrant Agreement will be amended to change all references
to Four Leaf to Xiaoyu Dida and so that each warrant will represent the right to receive one whole Xiaoyu Dida Class A Ordinary Share.

9

The foregoing descriptions
of agreements and the transactions and documents contemplated thereby are not complete and are subject to and qualified in their entirety
by reference to the Merger Agreement, Sponsor Support Agreement, Shareholder Support Agreement, the form of Registration Rights Agreement
and the form of Warrant Assumption Agreement, copies of each of which are filed with this Current Report on Form 8-K as Exhibit 2.1, Exhibit
10.1, Exhibit 10.2, Exhibit 10.3 and Exhibit 10.4, and the terms of which are incorporated by reference herein.

Effecting Our Initial Business Combination

General

We are not presently engaged in, and we will not engage in, any operations
until the consummation of our initial business combination. We intend to effectuate our initial business combination using cash from the
proceeds of the Initial Public Offering and the Private Placement of the Private Placement Warrants, the proceeds of the sale of our shares
in connection with our initial business combination (pursuant to forward purchase or backstop agreements we may enter into prior to the
consummation of an initial business combination), shares issued to the owners of the target, debt issued to bank or other lenders or the
owners of the target, or a combination of the foregoing.

Selection of a target business and structuring of our initial
business combination

●Consistent with our business strategy, we have identified the following general criteria and guidelines that we believe are important
in evaluating prospective target businesses. We will use these criteria and guidelines in evaluating initial business combination opportunities