Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 47

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1
Chunk 47
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 before distributing the proceeds in the trust account to our
public stockholders, we file a bankruptcy petition or an involuntary bankruptcy petition is filed against us that is not dismissed, the
claims of creditors in such proceeding may have priority over the claims of our stockholders and the per-share amount that would otherwise
be received by our stockholders in connection with our liquidation may be reduced.

If, before distributing the proceeds in the trust account to our public
stockholders, we file a bankruptcy petition or an involuntary bankruptcy petition is filed against us that is not dismissed, the proceeds
held in the trust account could be subject to applicable bankruptcy law, and may be included in our bankruptcy estate and subject to the
claims of third parties with priority over the claims of our stockholders. To the extent any bankruptcy claims deplete the trust account,
the per-share amount that would otherwise be received by our stockholders in connection with our liquidation may be reduced.

24

If we are unable to complete an initial business combination prior
to May 22, 2025 (or prior to June 22, 2025, if we fully extend the period of time to consummate a business combination), our public
stockholders may be forced to wait beyond such time frame before redemption from our trust account.

If we are unable to complete an initial business combination prior
to May 22, 2025 (or prior to June 22, 2025, if we fully extend the period of time to consummate a business combination) we will distribute
the aggregate amount then on deposit in the trust account, including interest (less up to $100,000 of interest to pay dissolution expenses
and which interest shall be net of taxes payable), pro rata to our public stockholders by way of redemption and cease all operations except
for the purposes of winding up of our affairs, as further described herein. Any redemption of public stockholders from the trust account
shall be effected automatically by function of our Certificate of Incorporation prior to any voluntary winding up. If we are required
to windup, liquidate the trust account and distribute such amount therein, pro rata, to our public stockholders, as part of any liquidation
process, such winding up, liquidation and distribution must comply with the applicable provisions of the DGCL. In that case, investors
may be forced to wait beyond May 22, (or June 22, 2025, if we fully extend the period of time to consummate a business combination),