Four Leaf Acquisition Corporation
FORLU
Other OTC11.01
USD
- -
- -
CIK
0001936255
ISIN
US35088F2065
CUSIP
35088F206
Return %
Stock
S&P500
1Y
-4.59
18.21
3Y
6.27
64.38
5Y
7.94
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jason Remillard
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4546 El Camino Real B10 #715 Los Altos CA United States of America 94022
- IPO Date
- Mar 17, 2023
- CIK
- 0001936255
- Website
- fourleaf.investment
- Similar Companies
- Business
- Four Leaf Acquisition Corporation (Nasdaq: FORLU), a blank check company formed in 2022 and headquartered in Los Altos, California, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting companies in the Internet of Things (IoT) sector or adjacent spaces including devices, components and software used in IoT applications; the company leverages advancements in artificial intelligence, automation, data analytics and machine learning to identify targets that complement its management's expertise in IoT technologies, protocols and systems. Four Leaf, sponsored by ALWA Sponsor LLC, raised $52 million in its March 2023 initial public offering underwritten by EF Hutton with Nixon Peabody as legal counsel, and operates without significant revenue-generating activities pending its initial business combination, holding proceeds primarily in a trust account while pursuing global opportunities through its Delaware base and industry networks. In December 2024, the company entered into a merger agreement with Xiaoyu Dida Interconnect International Limited involving a series of mergers that would result in Four Leaf becoming a wholly-owned subsidiary of Xiaoyu Dida, subject to stockholder approvals, regulatory consents and other closing conditions; shareholders previously approved an extension of the business combination deadline to June 2025 in 2024 with sponsor monthly contributions, and the company faces Nasdaq delisting risks due to non-compliance notices on market value and filings as of August 2025 while reporting a net loss and going concern doubts in its first-quarter 2025 10-Q. Management is led by Chairman and Interim CEO Bala Padmakumar, CFO Coco Kou and Chief Strategy Officer Robert de Neve.
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