Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 786

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 2
Chunk 786
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4 and 2023, $182,180 and $62,180, respectively, of amounts due to the Sponsor under the Administrative Support Agreement remain
unpaid, and are included in Due to Related Party on the Company’s balance sheets.

F-21

NOTE
6 - COMMITMENTS AND CONTINGENCIES 

Registration
Rights 

The
holders of the Founder Shares, Private Placement Warrants, warrants that may be issued upon conversion of up to $2,000,000 of
Working Capital Loans (see Note 5), any shares of Class A common stock issuable upon the exercise of the Private Placement
Warrants and Class A common stock issuable upon conversion of the Founder Shares, are entitled to registration rights pursuant to a
registration rights agreement signed at the effective date of the IPO, requiring the Company to register such securities for resale
(in the case of the Founder Shares, only after conversion to Class A common stock). The holders of the majority of these securities
are entitled to make up to three demands, excluding short form demands that the Company register such securities. In addition, the
holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the
completion of the initial business combination and rights to require us to register for resale such securities pursuant to Rule 415
under the Securities Act. The registration rights agreement does not contain liquidated damages or other cash settlement provisions
resulting from delays in registering securities.

Underwriting
Agreement 

The underwriter
received a fee of $0.15 per unit, or $813,150 in the aggregate at the closing of the IPO. In addition, $0.35 per share, or $1,897,350
in the aggregate will be payable to the underwriter for deferred underwriting commissions solely in the event that the Company completes
a business combination, subject to the terms of the underwriting agreement. 

In addition,
in conjunction with the IPO, the Company issued to the underwriter 54,210 Representative Shares. The holders of the Representative Shares
agreed (a) that they will not transfer, assign or sell any such shares without the Company’s prior consent until the completion
of the initial business combination, (ii) to waive their redemption rights (or right to participate in any tender offer) with respect
to such shares in connection with the completion of the initial business combination and (iii) to waive their rights to liquidating distributions
from the Trust Account with respect to such shares if the Company fails to