Company: FORL
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045609
Chunk: 0

Company: Four Leaf Acquisition Corp
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1. Unaudited Condensed Financial Statements

FOUR LEAF
ACQUISITION CORPORATION

CONDENSED
BALANCE SHEETS

    March 31,  
    December 31, 

    2025  
    2024 
  
    ASSETS 
    (Unaudited)  

    Current assets 

    Cash 
    $1,264  
    $28,407 
  
    Prepaid expenses 
     48,045  
     35,000 
  
    Total current assets 
     49,309  
     63,407 
  
    Other assets 

    Marketable securities held in trust account 
     30,666,039  
     30,124,557 
  
    Total assets 
    $30,715,348  
    $30,187,964 

    LIABILITIES, COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION, AND STOCKHOLDERS’ DEFICIT 

    Current liabilities 

    Accrued offering costs 
    $24,999  
    $24,999 
  
    Accounts payable and accrued expenses 
     598,623  
     508,906 
  
    Due to related party 
     212,180  
     182,180 
  
    Convertible note - related party 
     2,000,000  
     2,000,000 
  
    Promissory note - related party 
     551,100  
     195,100 
  
    Deferred credit - operating expenses funded by Xiaoyu Dida 
     241,250  
     191,250 
  
    Excise tax liability 
     301,944  
     301,944 
  
    Income taxes payable 
     282,839  
     221,943 
  
    Total current liabilities 
     4,212,935  
     3,626,322 
  
    Deferred underwriting fee payable 
     1,897,350  
     1,897,350 
  
    Total liabilities 
     6,110,285  
     5,523,672 

    Commitments and Contingencies (Note 6) 

    Class A common stock subject to possible redemption, $0.0001 par value; 26,000,000 shares authorized; 2,668,693 shares issued and