Four Leaf, Data443 advance SPAC deal, plan Form S-4 filing for Nasdaq listing
Four Leaf Acquisition and Data443 said they are preparing a Form S-4 and want the combined company to list on Nasdaq if the deal closes.
Four Leaf Acquisition Corporation and Data443 Risk Mitigation, Inc. said they have advanced a definitive business combination agreement and are preparing a registration statement on Form S-4 as they move toward a proposed Nasdaq listing, subject to approvals.
The companies said the transaction still depends on stockholder and regulatory steps before any closing. The planned listing, if completed, would move the combined company from the OTC Markets toward Nasdaq, and the release said there is no assurance the transaction will be completed.
What the companies said
The press release said the agreement is dated Aug. 27, 2026, and involves Four Leaf, FORL Merger Sub, Inc. and Data443. It said completion depends on Four Leaf stockholder approval, the effectiveness of the Form S-4, Nasdaq approval for the combined company’s securities, and other closing conditions.
Four Leaf is a Delaware special purpose acquisition company based in Durham, North Carolina, the release said. Its units, shares and warrants trade on the OTC Markets under the symbols FORLU, FORL and FORLW.
Data443 describes itself as a data security and privacy software company headquartered in Research Triangle Park, North Carolina. The company said it provides data classification, data discovery, privacy, compliance, threat detection and defensible disposition software, and said it serves more than 10,000 customers in more than 100 countries.
Jason Remillard, Data443’s chief executive officer and founder, said the agreement is a step toward a major-market platform for growth. He said the company will focus on the registration statement process, listing requirements and continued investment in AI and data protection capabilities.
Background and context
The release said the parties plan to include a preliminary proxy statement/prospectus in the Form S-4 filing with the Securities and Exchange Commission. After the filing becomes effective, a definitive proxy statement/prospectus would be mailed to Four Leaf stockholders of record.
The companies also listed a range of forward-looking risks, including redemptions, financing terms, dilution, legal proceedings, regulatory inquiries, cybersecurity incidents and the inability to obtain or maintain a Nasdaq listing.
What happens next
The next steps are the Form S-4 filing, SEC review and the stockholder vote process. The companies said they are not guaranteeing completion of the transaction.
Sources
Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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