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Clover Leaf Capital Corp.

cloverlcc.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2024 10-Q, filed Aug 15, 2024. Its latest SEC filing is a 25-NSE from Feb 12, 2025.

The sections below describe the company as of the FY2023 annual report.

What Did They Do?

Seeks to combine with a business through a merger, asset purchase, stock purchase or similar transaction; it had focused its target search on the cannabis industry.

How Did They Make Money?

FY2023 revenue

Did Revenues Turn Into Profits?

No. It lost $1M in FY2023.

Operating income, FY2023
−1587% of revenue
▲ +23% (Loss) vs FY2022 (−$1.3M, −1291%)
Net income, FY2023
−1046% of revenue
▼ Now a loss vs FY2022 ($60.2K, 60%)

How Were They Changing?

Since the FY2023 annual report
Latest quarter: Q2 FY2024, the three months to Jun 30, 2024
Net income
▼ −35% (Loss)
vs −$534.9K in Q2 FY2023
  • Nov 8, 2024 Terminated the Kustom Entertainment merger agreement and decided to liquidate The board expects to redeem all public Class A shares.
  • Sep 3, 2024 Nasdaq delisted the company’s securities Trading was suspended after the company could not meet the deadline to close its proposed Kustom Entertainment combination.

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