Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 573

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1C
Chunk 573
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as Exhibit 2.1.

Immediately
prior to the Merger 1 Effective Time (as defined in the Merger Agreement): (i) each share of the Company’s Class B common stock
shall be automatically converted into one share of the Company’s Class A common stock in accordance with the terms of the Company’s
Certificate of Incorporation (such automatic conversion, the “Company Class B Conversion”) and each share of Class B common
stock shall no longer be outstanding and shall automatically be canceled, and each former holder of Class B common stock shall thereafter
cease to have any rights with respect to such shares; and (ii) each Unit, which consists of one share of Class A common stock and one
redeemable Public Warrant issued by the Company to purchase shares of Class A common stock at a price of $11.50 per whole share outstanding
immediately prior to the Merger 1 Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share
of Class A common stock and one Public Warrant in accordance with the terms of the applicable Units (the “Unit Separation”). 

66

Immediately
after giving effect to the Unit Separation and the Four Leaf Class B Conversion, at the Merger 1 Effective Time, each share of Class A
common stock issued and outstanding immediately prior to the Merger 1 Effective Time (other than any shares of Class A common stock held
by the Company as treasury stock and any shares of Class A common stock subject to redemption) shall automatically be cancelled in exchange
for the right to receive, upon delivery of the applicable letter of transmittal (if any), one Class A ordinary share, par value of $0.00005 per
share, of Xiaoyu Dida (the “Xiaoyu Dida Class A Ordinary Shares”) (the “Merger Consideration”).

At the Merger
1 Effective Time, each Warrant outstanding immediately prior to the Merger 1 Effective Time shall cease to be a warrant with respect to
the Class A common stock and shall be assumed by Xiaoyu Dida and converted into a Warrant to purchase one Xiaoyu Dida Class A Ordinary
Share (each, a “Xiaoyu Dida Warrant”) pursuant to the terms of a warrant assignment, assumption and amendment agreement to
be entered into between the Company, Xiaoyu Dida and CST (the “Warrant Assumption Agreement”). Each Xiaoyu D