Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 1202

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 6
Chunk 1202
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liability insurance that insures our officers and directors against the cost of defense, settlement or payment of a judgment in some circumstances
and insures us against our obligations to indemnify our officers and directors.

These provisions may discourage stockholders from bringing a lawsuit
against our directors for breach of their fiduciary duty. These provisions also may have the effect of reducing the likelihood of derivative
litigation against officers and directors, even though such an action, if successful, might otherwise benefit us and our stockholders.
Furthermore, a stockholder’s investment may be adversely affected to the extent we pay the costs of settlement and damage awards
against officers and directors pursuant to these indemnification provisions.

We believe that these provisions, the directors’ and officers’
liability insurance and the indemnity agreements are necessary to attract and retain talented and experienced officers and directors.

 Item 11. EXECUTIVE COMPENSATION

Please see “Officer and Director Compensation” under Item
10 of this Annual Report.

88

 Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The following table sets forth information regarding the beneficial
ownership of our common stock as of April 29, 2024 by:

●each person known by us to be the beneficial owner of more than 5% of our outstanding shares of common stock;

●each of our executive officers and directors; and

●all our executive officers and directors as a group.

Unless otherwise indicated, we believe that all persons named in the
table have sole voting and investment power with respect to the voting securities beneficially owned by them. The following table does
not reflect record or beneficial ownership of the Private Placement Warrants as these warrants are not exercisable within 60 days of March
27, 2025.

The beneficial ownership of our common stock is based on 4,078,153
shares of common stock issued and outstanding as of March 27, 2025, consisting of 2,722,903 shares of Class A common stock and 1,355,250
shares of Class B common stock.

    NAME AND ADDRESS OF BENEFICIAL OWNER(1) 
    NUMBER OF SHARES BENEFICIALLY OWNED  
    APPROXIMATE PERCENTAGE OF OUTSTANDING COMMON STOCK 
  
    Directors and Executive Officers 

    ALWA Sponsors LLC(1)(3) 
     1,305,250  
     32.0%
  
    Al