Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 1614

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 9
Chunk 1614
---
 the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant
to the tender offer rules. Additionally, each public stockholder may elect to redeem their public shares irrespective of whether they
vote for or against the proposed transaction. 

Notwithstanding
the foregoing redemption rights, if the Company seeks stockholder approval of its initial business combination and the Company does not
conduct redemptions in connection with its initial business combination pursuant to the tender offer rules, the Certificate of Incorporation
will provide that a public stockholder, together with any affiliate of such stockholder or any other person with whom such stockholder
is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 15% of the shares
sold in the IPO (“Excess Shares”). However, the Company’s stockholders will not be restricted to vote all of their shares
(including Excess shares) for or against the initial business combination. Additionally, such stockholders will not receive redemption
distributions with respect to the Excess Shares if the Company completes the initial business combination.

F-8

The Company’s
Sponsor, officers and directors (collectively, the “Initial Stockholders”) have agreed not to propose any amendment to the
Certificate of Incorporation that would affect the Company’s public stockholders’ ability to convert or sell their shares
to the Company in connection with a business combination as described herein or affect the substance or timing of the Company’s
obligation to redeem 100% of its Public Shares if the Company does not complete a business combination by May 22, 2025 (or June 22, 2025
if the additional extensions options are exercised by the Company ) unless the Company provides its public stockholders with the opportunity
to convert 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 but net of franchise
and income taxes payable up to the interest income from the Trust Account, divided by the number of then outstanding public shares.

Initial
Extension of Period to Complete Initial Business Combination

On March
19, 2024, the Company extended the period of which it is able to consummate