Company: FORL
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001213900-25-054453
Chunk: 55

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 55
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 through the closing of such initial business combination. Our IPO Registration Statement was declared effective on March 16, 2023. On March 22, 2023, we consummated the IPO of 5,200,000 units. Each unit sold in the IPO consisted of one share of Class A common stock and one public warrant exercisable into one share of Class A common stock at an exercise price of $11.50 per share. The units were sold at an offering price of $10.00 per unit, generating total gross proceeds of $54,210,000, and incurring offering costs (including the partial exercise of the underwriter’s over -allotmentoption on March 17, 2023) of approximately $4.0 million, consisting of approximately $0.8 million of underwriting commissions, approximately $1.9 million of deferred underwriting commissions that will be paid solely in the event that we complete an initial business combination, approximately $0.3 million representing the fair value of the 54,210shares of Class A common stock issued to the underwriter of the IPO, and approximately $1.0 million of other offering costs. In connection with the consummation of the IPO, on March 16, 2023, our Sponsor forfeited an aggregate of 373,750 founder shares for no consideration, resulting in our Sponsor and directors holding an aggregate of 1,495,000 founder shares, of which up to 195,000 founders shares were subject to forfeiture to the extent the over -allotmentoption was not exercised in full by the underwriter prior to its expiration date on April 30, 2023. On March 17, 2023, the underwriters partially exercised their over -allotmentoption and purchased 221,000 additional units. Upon the partial exercise the over -allotmentoption by the underwriters, the forfeiture lapsed for 55,250 founder shares. Following the expiration of the underwriters’ remaining over -allotmentoption on April 30, 2023, the remaining 139,750 founder shares were forfeited, resulting in our Sponsor and directors holding an aggregate of 1,355,250 founder shares. Simultaneously with the closing of the IPO, we consummated the private placement (“Private Placement”) of 3,576,900 private warrants (the “private warrants”), which were purchased by our Sponsor, at a price of $1.00 per private warrant, generating gross