Four Leaf Acquisition ends XYDD deal to pursue Data443 merger

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 $2 million promissory note tied to the closing of the proposed combination.

• Payments are split into two $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.