Skip to main content

InvestorNewsBreaks – Four Leaf Acquisition Corporation (NASDAQ: FORLU) Secures $54M in IPO and Partial Exercise of Over-Allotment Option

Four Leaf (NASDAQ: FORLU) recently announced the closing of its initial public offering of 5,200,000 units, each at $10.00, including 221,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option. The units are listed on the Nasdaq and began trading under the ticker symbol FORLU on March 17, 2023. Each unit consists of one share of Class A common stock and one redeemable warrant, with each warrant entitling the holder to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the Nasdaq under the symbols FORL and FORLW, respectively. EF Hutton, division of Benchmark Investments LLC, acted as the sole book running manager for the offering. Nixon Peabody LLP served as legal counsel to the company, and Offit Kurman P.A. served as counsel to EF Hutton.

To view the full press release, visit https://ibn.fm/YW6uM

About Four Leaf Acquisition Corporation

The company is a newly incorporated blank check company incorporated as a Delaware exempted company 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. The company believes that there are many target companies that could become attractive public companies and will seek a target in the internet of things “IoT” market. The company is led by Angel Orrantia, chief executive officer, Coco Kou, chief financial officer, Robert de Neve, chief strategy officer, and Bala Padmakumar, chairman.

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.