Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 66

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1
Chunk 66
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 65% of our common stock entitled to vote thereon, and corresponding provisions of the trust
agreement governing the release of funds from our trust account may be amended if approved by holders of at least 65% of our common stock
entitled to vote thereon. In all other instances, our Certificate of Incorporation may be amended by holders of a majority of our outstanding
common stock entitled to vote thereon, subject to applicable provisions of the DGCL or applicable stock exchange rules. We may not issue
additional securities that can vote on amendments to our Certificate of Incorporation. Our initial stockholders, who collectively beneficially
own approximately 33.2% of our common stock, may participate in any vote to amend our Certificate of Incorporation and/or trust agreement
and will have the discretion to vote in any manner they choose. As a result, we may be able to amend the provisions of our Certificate
of Incorporation which govern our pre-initial business combination behavior more easily than some other blank check companies, and this
may increase our ability to complete an initial business combination with which you do not agree. Our stockholders may pursue remedies
against us for any breach of our Certificate of Incorporation.

34

Our Initial Stockholders have agreed, pursuant to a written agreement
with us, that they will not propose any amendment to our Certificate of Incorporation (i) to modify the substance or timing of our obligation
to allow redemption in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our
initial business combination by May 22, 2025 (or June 22, 2025, if we fully extend the period of time to consummate a business combination)
or (ii) with respect to any other provision relating to stockholders’ rights or pre-initial business combination activity, unless
we provide our public stockholders with the opportunity to redeem their shares of Class A common stock upon approval of any such amendment
at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, divided by the number of then
outstanding public shares. These agreements are contained in a letter agreement that we have entered into with our Sponsor, officers and
directors. Our stockholders are not parties to, or third-party beneficiaries of, these agreements and, as a result, will not have the
ability to pursue remedies against our Sponsor, officers or directors for any breach of these agreements. As a result, in the