Company: FORL
Filing Date: 2025-08-27
Form Type: 10-Q
Source: 0001213900-25-080962
Chunk: 104

Company: Four Leaf Acquisition Corp
Filing Date: 2025-08-27
Form: 10-Q
Item: Part I, Item 2
Chunk 104
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346 of interest and dividend income earned in the Trust Account for payment of
the Company’s franchise and income tax liabilities.

The
Initial Stockholders have agreed not to propose any amendment to our Certificate of Incorporation that would affect our public stockholders’
ability to convert or sell their shares to us in connection with a business combination as described herein or affect the substance or
timing of our obligation to redeem 100% of our Public Shares if we do not complete a business combination by September 22, 2025
(or June 22, 2026 if the additional extensions are afforded to the Company under the terms of the
2025 Extension) unless we provide our public stockholders with the opportunity to redeem their shares of Class A common stock
upon the approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust
Account, including interest not previously released to the Company net of franchise and income taxes payable, divided by the number of
then outstanding Public Shares.

The
$9,804 held outside of the Trust Account as of June 30, 2025 will not be sufficient to allow the Company to operate for at least
the next 12 months from the issuance of these unaudited condensed financial statements, assuming that a business combination is not consummated
during that time. Giving effect to the 2025 Charter Amendments discussed above, the Company has until September 22, 2025 (or
June 22, 2026 if the additional extensions are afforded to the Company under the terms of the 2025 Extension) to complete an initial
business combination, subject to the Company making the required Trust Account deposits. If an initial business combination is not consummated
by September 22, 2025 (or June 22, 2026 if the additional extensions are afforded to the Company
under the terms of the 2025 Extension), there will be a mandatory liquidation and subsequent dissolution of the Company. The Company
may need to raise additional capital through loans or additional investments from its Sponsor, stockholders, officers, directors, or
third parties. The Company’s officers, directors and the Sponsor may, but are not obligated to, loan the Company funds, from time
to time or at any time, in whatever amount they deem reasonable in their sole discretion, to meet the Company’s working capital
needs and provide for the required monthly extension Trust Account deposits. Accordingly, the Company may not be able to