Four Leaf Acquisition ends XYDD deal to pursue Data443 merger

Four Leaf Acquisition Corporation Class A

Four Leaf Acquisition Corporation Class A

FORL

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  • Four Leaf Acquisition terminated its business combination agreement with China’s Guangzhou Xiaoyu DiDa Technology on July 15, 2026, clearing the way for a proposed deal with Data443.
  • Data443 agreed to compensate XYDD with a USD 2 million promissory note tied to the closing of the proposed combination.
  • Payments are split into two USD 1 million installments due 90 days and 120 days post-close; unpaid amounts accrue 15% simple interest.
  • If not repaid within 12 months post-close, XYDD can convert the balance into PubCo ordinary shares at 80% of a 20-day VWAP, subject to limits.
  • Four Leaf is not obligated to pay any termination fee or other amount to XYDD.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Four Leaf Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-078905), on July 17, 2026, and is solely responsible for the information contained therein.

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