Four Leaf Acquisition Corporation Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q
12 December 2024 - 12:35AM
Four Leaf Acquisition Corporation (NASDAQ: FORL), today announced
that on November 21, 2024, it received a notice from The Nasdaq
Stock Market LLC (“Nasdaq”) stating that because the Company has
not yet filed its quarterly report on Form 10-Q for the period
ended September 30, 2024 (the “Form 10-Q”), the Company is not in
compliance with Nasdaq Listing Rule 5250(c) (1), which requires
listed companies to timely file all required periodic reports with
the Securities and Exchange Commission (the “SEC”).
The current notice will have no immediate effect
on the listing or trading of the Company’s common stock on the
Nasdaq Global Select Market, although there can be no assurances
that further delays in the filing of the Form 10-Q will not have an
impact on the listing or trading of the Company’s common stock.
Nasdaq indicated that the Company must: (i) no later than January
19, 2025, submit a plan to regain compliance with respect to the
filing requirement; and (ii) on or before May 19, 2025, file the
delinquent Form10-Q. The Company intends to file the delinquent
Form 10-Q as soon as practicable.
About Four Leaf Acquisition Corporation
Four Leaf Acquisition Corporation is a blank
check company incorporated in Delaware for the purpose of effecting
a merger, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more
businesses or entities. Four Leaf Acquisition Corporation believes
that there are many target companies that could become attractive
public companies and is seeking a target in the Internet of Things
“IoT” market. Four Leaf Acquisition Corporation is led by Angel
Orrantia, Chief Executive Officer, Coco Kou, Chief Financial
Officer, Robert de Neve, Chief Strategy Officer, and Bala
Padmakumar, Chairman.
Forward-Looking Statements
This press release includes “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. All statements, other than statements of
present or historical fact included in this press release, are
forward-looking statements. When used in this press release, the
words “aims”, “could,” “should,” “will,” “may,” “believe,”
“anticipate,” “intend,” “estimate,” “expect,” “project,” the
negative of such terms and other similar expressions are intended
to identify forward-looking statements, although not all
forward-looking statements contain such identifying words. These
forward-looking statements are based on management’s current
expectations and assumptions about future events and are based on
currently available information as to the outcome and timing of
future events. Except as otherwise required by applicable law, Four
Leaf Acquisition Corporation (the “Company” or “we”) disclaims any
duty to update any forward-looking statements, all of which are
expressly qualified by the statements in this section, to reflect
events or circumstances after the date of this press release. The
Company cautions you that these forward-looking statements are
subject to numerous risks and uncertainties, most of which are
difficult to predict and many of which are beyond the control of
the Company, including risks and uncertainties described in the
“Risk Factors” section of our Registration Statement on Form S-1
filed with the SEC on March 16, 2023, as amended, and other
documents that we file from time to time with the SEC. These
filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
The Company can give no assurances that the Company will achieve
its expectations.
Company Contact:Angel OrrantiaChief Executive
OfficerFour Leaf Acquisition CorporationEmail:
a@fourleaf.investments
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