Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 86

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1
Chunk 86
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or qualified or exempt from registration or qualification, the holder of such warrant will not be entitled to exercise such warrant and
such warrant may have no value and expire worthless. In such event, holders who acquired their warrants as part of a purchase of units
will have paid the full unit purchase price solely for the shares of Class A common stock included in the units. If and when the warrants
become redeemable by us, we may not exercise our redemption right if the issuance of shares of common stock upon exercise of the warrants
is not exempt from registration or qualification under applicable state blue sky laws or we are unable to effect such registration or
qualification. We will use our best efforts to register or qualify such shares of common stock under the blue sky laws of the state of
residence in those states in which the warrants were offered by us in the Initial Public Offering. However, there may be instances in
which holders of our Public Warrants may be unable to exercise such Public Warrants but holders of our Private Placement Warrants may
be able to exercise such Private Placement Warrants.

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If you exercise your Public Warrants on a “cashless basis,”
you will receive fewer shares of Class A common stock from such exercise than if you were to exercise such warrants for cash.

There are circumstances in which the exercise of the Public Warrants
may be required or permitted to be made on a cashless basis. First, if a registration statement covering the issuance of shares of Class
A common stock issuable upon exercise of the warrants is not effective by the 60th business day after the closing of our initial business
combination, warrant holders may, until such time as there is an effective registration statement, exercise warrants on a cashless basis
in accordance with Section 3(a)(9) of the Securities Act or another exemption. Second, if a registration statement covering the Class
A common stock issuable upon exercise of the warrants is not effective within a specified period following the consummation of our initial
business combination, warrant holders may, until such time as there is an effective registration statement and during any period when
we shall have failed to maintain an effective registration statement, exercise warrants on a cashless basis pursuant to the exemption
provided by Section 3(a)(9) of the Securities Act, provided that such exemption is available; if that exemption, or another exemption,
is not available, holders will not be able to exercise their warrants on a cashless basis. Third, if we call the Public W