Four Leaf Acquisition Corp Extends SPAC Deadline to June 22, 2027

What Happened

• Four Leaf Acquisition Corporation filed a Form 8‑K (July 23, 2026) reporting that at a special meeting on June 22, 2026 stockholders approved amendments to the company’s charter and trust agreement to allow the board to extend the deadline to complete an initial business combination month‑to‑month for up to 12 months, moving the termination date from June 22, 2026 to June 22, 2027.
• The trust amendment requires the Company to deposit $75,000 into the trust account for each one‑month extension. Stockholders also approved removing a charter provision that had limited redemptions based on a $5,000,001 net tangible asset threshold. The amendment to the certificate and the trust amendment are filed as Exhibits 3.1 and 10.1, respectively.

Key Details

• Special Meeting date: June 22, 2026; record date: June 11, 2026.
• Vote results (each of the main proposals): 1,897,828 FOR, 900 AGAINST, 0 ABSTAIN.
• Extension terms: up to twelve (12) one‑month extensions (month‑to‑month) from June 22, 2026 to June 22, 2027; $75,000 deposit to the trust account for each month extended.
• Redemptions: holders of 893,090 Public Shares (~88.0% of Public Shares) redeemed; 121,427 Class A shares remained outstanding after redemptions (including 54,210 non‑redeemable representative shares). Total outstanding common shares at record date: 2,369,767.

Why It Matters

• The approvals give Four Leaf more time (up to one year, by one‑month increments) to find and close a business combination, but each extension reduces the trust account by $75,000, which lowers the pool of cash backing public shares.
• A large proportion of public shareholders redeemed (about 88%), leaving relatively few public shares outstanding — an important factor for remaining public holders and for any potential deal dynamics.
• Removing the prior redemption limitation means the company can process redemptions regardless of maintaining a $5,000,001 net tangible asset threshold, changing the mechanics and potential outcomes of future redemption activity.