Company: FORL
Filing Date: 2025-06-11
Form Type: PRE 14A
Source: 0001213900-25-053453
Chunk: 54

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-11
Form: PRE 14A
Chunk 54
---
 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 proceeds to us of approximately $3.58 million. Upon the closing of the IPO and the Private Placement (including the additional units sold in connection with the partial exercise of the underwriter’s over -allotmentoption), $55,836,300 ($10.30 per public unit) of the net proceeds of the sale of the units in the IPO and the Private Placement were placed into the Trust Account. Like most blank check companies’ governing documents, our Amended Certificate provides for the return of the IPO proceeds held in the Trust Account to the holders of public shares if there is no qualifying initial business combination consummated on or before a certain date. Under our Amended Certificate, we are allowed to extend the Business Combination Period until the current Termination Date by electing to make an Extension Payment for each one month extension. The Extension Amendment Proposal We are proposing to amend our Amended Certificate to extend the date by which we must consummate an initial business combination from the Current Termination Date (June 22, 2025) up to the Amended Termination Date by providing our Board the option to exercise up to 12 one -monthextension options. The complete text of the proposed amendment is attached to this proxy statement as Annex A. All stockholders are encouraged to read the proposed amendment in its entirety for a more complete description of its terms. 23 Reasons for the Extension Amendment Proposal The sole purpose of the Extension Amendment Proposal is to provide us with sufficient time to complete an initial business combination. On December 17, 2024, We entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among Four Leaf, Xiaoyu Dida Interconnect International Limited, an exempted company incorporated in the Cayman Islands with limited liability (“Xiaoyu Dida”), Xiaoyu Dida Merger Sub, Inc., a Delaware corporation and a wholly -ownedsubsidiary of Xiaoyu Dida (“Merger Sub 1”), and Xiaoyu Dida (USA) Company, Inc., a Delaware corporation and a wholly -ownedsubsidiary of Xiaoyu Dida (“Merger Sub 2”). Upon the closing of the transactions contemplated by the Merger Agreement, (i) Merger Sub1, will