Company: FORL
Filing Date: 2025-04-30
Form Type: 10-K
Source: 0001213900-25-037576
Chunk: 293

Company: Four Leaf Acquisition Corp
Filing Date: 2025-04-30
Form: 10-K
Item: Item 1A
Chunk 293
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 in connection with our initial business combination or to
redeem 100% of our public shares if we do not complete our initial business combination by May 22, 2025 (or June 22, 2025, if we fully
extend the period of time to consummate a business combination) or (B) with respect to any other provision relating to stockholders’
rights or pre-initial business combination activity; and (iii) the redemption of our public shares if we are unable to complete an initial
business combination prior to May 22, 2025 (or June 22, 2025, if we fully extend the period of time to consummate a business combination).
In no other circumstances will a public stockholder have any right or interest of any kind in the trust account. Holders of warrants will
not have any right to the proceeds held in the trust account with respect to the warrants. Accordingly, to liquidate your investment,
you may be forced to sell your public shares or warrants, potentially at a loss.

43

Nasdaq may delist our securities from trading on its exchange, which
could limit investors’ ability to make transactions in our securities and subject us to additional trading restrictions.

We cannot assure you that our securities will be, or will continue
to be, listed on Nasdaq in the future or prior to our initial business combination. In order to continue listing our securities on Nasdaq
prior to our initial business combination, we must maintain certain financial, distribution and stock price levels. Generally, we must
maintain a minimum amount in stockholders’ equity (generally $2,500,000) and a minimum number of holders of our securities (generally
300 public holders). Additionally, in connection with our initial business combination, we will be required to demonstrate compliance
with Nasdaq’s initial listing requirements, which are more rigorous than Nasdaq’s continued listing requirements, in order
to continue to maintain the listing of our securities on Nasdaq. For instance, our stock price would generally be required to be at least
$4.00 per share, our stockholders’ equity would generally be required to be at least $5.0 million and we would be required to have
a minimum of 300 round lot holders of our securities. We cannot assure you that we will be able to meet those initial listing requirements
at that time.

If Nasdaq delists our securities from trading on its exchange and we
are not able to list our securities on another national