Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 336

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1A
Chunk 336
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 and resulting
market volatility could adversely affect the Company’s ability to complete a business combination. In response to the conflict between
Russia and Ukraine and Israel and Hamas, the U.S. and other countries have imposed sanctions or other restrictive actions which could
have a material adverse effect on the Company’s ability to complete a Business Combination and the value of the Company’s
securities. The Company cannot at this time fully predict the likelihood of one or more of the above events, their duration or magnitude
or the extent to which they may negatively impact our business and our ability to complete an Initial Business Combination. The financial
statements do not include any adjustments that might result from the outcome of these uncertainties.

Overview 

We are a blank check company
incorporated in Delaware on March 3, 2022, for the purpose of acquiring, merging with, engaging in capital stock exchange with, purchasing
all or substantially all of the assets of, engaging in contractual arrangements, or engaging in any other similar business combination
with a single operating entity, or one or more related or unrelated operating entities operating in any sector. We are an emerging growth
company and, as such, are subject to all the risks associated with emerging growth companies.

On December 17,
2024, the Company entered into the Merger Agreement with Xiaoyu Dida Interconnect International Limited, a Cayman Islands exempted company
(“Xiaoyu Dida”), Xiaoyu Dida Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Xiaoyu Dida (“Merger
Sub 1”), and Xiaoyu Dida (USA) Company, Inc., a Delaware corporation and a wholly-owned subsidiary of Xiaoyu Dida (“Merger
Sub 2”). Upon the closing of the transactions contemplated by the Merger Agreement, (i) Merger Sub 1, will be merged with and into
the Company (“Merger 1”), with the Company being the surviving company and becoming a wholly-owned subsidiary of Xiaoyu Dida;
and (ii) immediately following the consummation of Merger 1, the Merger 1 Surviving Corporation will be merged with and into Merger Sub
2 (“Merger 2” and, collectively with Merger 1, the “Mergers”), with Merger Sub 2 being the surviving company and
becoming a wholly-owned subsidiary of Xiaoyu Dida.

The below
description of the Merger Agreement and the transactions contemplated thereby