Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 90

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1
Chunk 90
---
 with no operating history and no revenues,
and you have no basis on which to evaluate our ability to achieve our business objective.

We are a newly formed company that has conducted no operations and
has generated no revenues. Until we complete our initial business combination, we will have no operations and will generate no operating
revenues. Because we lack an operating history, you have no basis upon which to evaluate our ability to achieve our business objective
of completing our initial business combination with one or more target businesses. We have no plans, arrangements or understandings with
any prospective target business concerning an initial business combination and may be unable to complete our initial business combination.
If we fail to complete our initial business combination, we will never generate any operating revenues.

47

We are an emerging growth company and a smaller reporting company
within the meaning of the rules adopted by the Securities and Exchange Commission, and if we take advantage of certain exemptions from
disclosure requirements available to emerging growth companies and smaller reporting companies, this could make our securities less attractive
to investors and may make it more difficult to compare our performance with other public companies.

We are an “emerging growth company” within the meaning
of the rules adopted by the SEC, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and we may
take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging
growth companies including, but not limited to, not being required to comply with the auditor internal controls attestation requirements
of Section 404 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”), reduced disclosure obligations regarding executive
compensation in our periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote
on executive compensation and stockholder approval of any golden parachute payments not previously approved. As a result, our stockholders
may not have access to certain information they may deem important. We could be an emerging growth company for up to five years, although
circumstances could cause us to lose that status earlier, including if the market value of our Class A common stock held by non-affiliates
exceeds $700 million as of any June 30 before that time, in which case we would no longer be an emerging growth company as of the following
December 31. We cannot predict whether investors will find our securities less attractive because we will rely on these exemptions.