Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 433

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1A
Chunk 433
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,475,210 shares,
of which 5,421,000 shares are subject to possible redemption and included in temporary equity.

Class
B common stock - The Company is authorized to issue 4,000,000 shares of Class B common stock, with a par value of $0.0001 per share.
Holders of the Class B common stock are entitled to one vote for each share. As of December 31, 2024 and 2023, there were 1,355,250 shares
of Class B common stock issued and outstanding, respectively. Refer to Note 5 for further detail. 

Holders
of Class A common stock and holders of Class B common stock vote together as a single class on all other matters submitted to a vote of
the Company’s stockholders except as otherwise required by law. The Class B common stock will automatically convert into Class A
common stock at the time of a business combination at a ratio such that the number of shares of Class A common stock issuable upon conversion
of all Founder Shares will equal, in the aggregate, on an as-converted basis, 20% of the sum of (i) the total number of shares of common
stock issued and outstanding upon completion of the IPO, plus (ii) the total number of shares of Class A common stock issued or deemed
issued or issuable upon conversion or exercise of any equity-linked securities by the Company in connection with or in relation to the
consummation of a business combination, excluding any shares of Class A common stock or equity-linked securities exercisable for or convertible
into shares of Class A common stock issued, deemed issued, or to be issued, to any seller in the business combination and any Private
Placement Warrants issued to the Sponsor, its affiliates or any member of the Company’s management team upon conversion of Working
Capital Loans. In no event will the Class B common stock convert into Class A common stock at a rate of less than one-to-one. 

F-22

Warrants
- As of December 31, 2024 and 2023, 5,421,000 Public Warrants and 3,576,900 Private Placement Warrants (collectively, the “Warrants”)
were outstanding. The Warrants were issued in the same form at the IPO date. Each Public Warrant and Private Placement Warrant entitles
the holder to purchase one share of Class A common stock at a price of $11.50 per share. 

In addition,