Company: FORL
Filing Date: 2025-06-11
Form Type: PRE 14A
Source: 0001213900-25-053453
Chunk: 22

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-11
Form: PRE 14A
Chunk 22
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oyu Dida. Four Leaf, in its capacity as the surviving entity of Merger1, is referred to for the periods from and after Merger 1 as the “Merger 1 Surviving Corporation”); and (ii) immediately following the consummation of Merger1, the Merger 1 Surviving Corporation will be merged with and into Merger Sub 2 (“Merger 2” and, collectively with Merger1, the “Mergers”), with Merger Sub 2 being the surviving company and becoming a wholly -ownedsubsidiary of Xiaoyu Dida (Merger Sub2, in its capacity as the surviving entity of Merger2, is referred to for the periods from and after 3 Merger 2 as the “Merger 2 Surviving Corporation”). While the parties are actively seeking to close the business combination pursuant the Merger Agreement, our Board currently believes that there will not be sufficient time before the Current Termination Date to complete an initial business combination. Accordingly, our Board believes that the Extension is necessary in order to be able to consummate a business combination. Therefore, our Board has determined that it is in the best interests of our stockholders to extend the date by which we must consummate an initial business combination up to the Amended Termination Date. We believe that given our expenditure of time, effort and capital resources on searching for potential business combination opportunities, circumstances warrant giving us additional time to identify a business combination target and provide public stockholders an opportunity to consider an initial business combination. Finally, our Board believes that it is advantageous for the Board to determine, in its sole discretion, whether to liquidate and dissolve the Company at a date that is earlier than the Amended Termination Date, which our stockholders would be enabling the Board to do by approving the Extension Amendment Proposal. Approval of the Extension Proposals is a condition to the implementation of the Extension. In addition, we will not proceed with the Extension unless we will have at least $5,000,001 of net tangible assets following approval of the Extension Proposals, after taking into account any redemption payments. The purpose of the Adjournment Proposal is to allow us to adjourn the Special Meeting to a later date or dates if we determine that additional time is necessary to permit further solicitation and vote of proxies in the event that there are insufficient votes to approve the Extension Proposals or if we determine that additional time is necessary to effectuate the Extension. In connection with the Extension Amendment