Company: FORL
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001213900-25-054453
Chunk: 23

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 23
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 following the Election. We cannot predict the amount that will remain in the Trust Account after such withdrawal if the Extension Proposals are approved and the amount remaining in the Trust Account may be only a fraction of approximately $31,073,112.16 that was in the Trust Account as of the record date (which amount includes interest but excludes funds previously released to us to pay our taxes). In such event, we may still seek to obtain additional funds to complete an initial business combination, and there can be no assurance that such funds will be available on terms acceptable to the parties or at all. If the Extension Proposals are not approved and we do not consummate an initial business combination by the Current Termination Date (assuming we do not decide to exercise the currently available second three -monthextension option available under the Amended Certificate), as contemplated by our Amended Certificate, we will: (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to us to pay our taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidating distributions, if any), subject to applicable law; and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining stockholders and our board of directors, dissolve and liquidate, subject in the case 4 of clauses (ii) and (iii) above to our obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to our warrants, including the warrants included in the units sold in the IPO, which will expire worthless in the event the Company winds up. The Adjournment Proposal will be presented at the Special Meeting only if there are not sufficient votes to approve the Extension Proposals. The initial stockholders have agreed to waive their redemption rights with respect to their founder shares in connection with a stockholder vote to approve the Extension Amendment Proposal. Why is the Company proposing the Extension Amendment Proposal, the Trust Amendment Proposal and the Adjournment Proposal? Our Amended Certificate provides for the return of