Four Leaf Acquisition in a proxy proposes a termination extension to June 2025 as it works to find and seal a deal.
If approved, the SPAC’s sponsor would deposit the lesser of $50,000 or 6 cents a share for each month up to the new deadline.
Four Leaf raised $52 million in a March 2023 IPO to target companies in the IoT (Internet of Things) space. The SPAc has not yet announced a deal. Read more.
