Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 332

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1A
Chunk 332
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 the federal securities laws
or other foreign laws against the combined company and the officers and directors of the company and the combined company if we decide
to consummate our initial business combination with a target business based in and primarily operating in the PRC.

There may be difficulties in effecting service of legal process, enforcing
foreign judgments or bringing actions in the PRC against us based on foreign laws. Our Chief Financial Officer, Coco Kou, resides in the
PRC and one of our directors, Mr. Wang, resides in Hong Kong. Also, if we decide to consummate our initial business combination with a
target business based and primarily operating outside of the U.S., it is possible that substantially all or a significant portion of combined
company’s assets may be located outside of the United States and some of the combined company’s officers and directors may
reside outside of the U.S. As a result, it may be difficult to effect service of process upon these officers and directors who reside
outside of the United States. Even with the proposed service of process, it may also be difficult to enforce judgments obtained in U.S.
courts based on the civil liability provisions of the U.S. federal securities laws against the officers and directors. In addition, there
is uncertainty as to whether the courts of the PRC would recognize or enforce judgments of U.S. courts against the officers and directors
predicated upon the civil liability provisions of the securities laws of the U.S. or any state. The recognition and enforcement of foreign
judgments are provided for under the PRC Civil Procedures Law. PRC courts may recognize and enforce foreign judgments in accordance with
the requirements of the Civil Procedure Law based either on treaties between the PRC and the country where the judgment is made or on
principles of reciprocity between jurisdictions. The PRC does not have any treaties or other forms of written arrangement with the U.S.
that provide for the reciprocal recognition and enforcement of foreign judgments. In addition, according to the PRC Civil Procedures Law,
the PRC courts will not enforce a foreign judgment by us against the officers or directors or the future combined company if they decide
that the judgment violates the basic principles of PRC laws or national sovereignty, security, or the public interest. As a result, it
is uncertain whether and on what basis a PRC court would enforce a judgment rendered by a court in the U.S. Furthermore, there would be
added costs and issues with bringing an original action in foreign courts against the combined