Clover Leaf Capital Corp. (Cloe): Modelo de negócios Canvas [Jan-2025 Atualizado]

No mundo dinâmico do investimento, a Clover Leaf Capital Corp. (CLOE) surge como uma potência estratégica, transformando paisagens financeiras complexas em oportunidades lucrativas. Ao elaborar meticulosamente um modelo de negócios sofisticado que combina estratégias de investimento de ponta com insights profundos do mercado, Cloe se posicionou como um participante formidável no domínio do gerenciamento de capital. Sua abordagem inovadora tem como alvo investidores sofisticados que procuram alto potencial Caminhos de investimento nos mercados emergentes, prometendo não apenas retornos, mas uma experiência abrangente de investimento orientada a dados que os diferencia no ecossistema financeiro competitivo.

Clover Leaf Capital Corp. (CLOE) - Modelo de negócios: Parcerias -chave

Bancos de investimento e empresas de consultoria financeira

A Clover Leaf Capital Corp. mantém parcerias estratégicas com instituições financeiras para apoiar suas atividades de investimento.

Instituição parceira	Foco em parceria	Valor estimado de colaboração
Raymond James Financial	Investment Banking Advisory	US $ 2,5 milhões no engajamento anual
Canaccord genuidade	Suporte do mercado de capitais	Colaboração anual de US $ 1,8 milhão

Capital de risco e redes de private equity

A empresa aproveita extensas redes para ofertas de ofertas e oportunidades de investimento.

• Y Rede de parceiros do combinador
• Conexões de capital de risco Techstars
• 500 Startups Global Network

Consultores de conformidade regulatória

As parcerias de conformidade garantem adesão aos regulamentos financeiros e padrões de relatório.

Parceiro de conformidade	Escopo de serviço	Valor anual do contrato
Deloitte Advisory Regulatório	SEC e conformidade financeira	Retentor anual de US $ 750.000
Gerenciamento de riscos financeiros KPMG	Avaliação de risco regulatório	US $ 450.000 no engajamento anual

Provedores de tecnologia e análise de dados

As parcerias de tecnologia estratégica aprimoram a pesquisa de investimentos e os recursos de tomada de decisão.

• Licença corporativa do terminal da Bloomberg
• FACTSET PESQUISA SISTEMAS
• S&P Capital IQ Plataforma Profissional

Parceiro de tecnologia	Plataforma/serviço	Investimento de tecnologia anual
Bloomberg LP	Terminal de dados financeiros	US $ 180.000 assinatura anual
FACTSET PESQUISA	Plataforma de análise financeira	Licença anual de US $ 220.000

Clover Leaf Capital Corp. (Cloe) - Modelo de Negócios: Atividades -chave

Gerenciamento de portfólio de investimentos

A partir do quarto trimestre 2023, a Clover Leaf Capital Corp. gerencia um portfólio de investimentos com a seguinte composição:

Classe de ativos	Alocação (%)	Valor total ($)
Private equity	45%	US $ 68,3 milhões
Capital de risco	30%	US $ 45,5 milhões
Ações públicas	15%	US $ 22,7 milhões
Renda fixa	10%	US $ 15,2 milhões

Alocação de capital e investimentos estratégicos

Áreas de foco em investimento estratégico:

• Startups de tecnologia
• Inovações em saúde
• Soluções de energia sustentável
• Plataformas de fintech

Due Diligence e Análise Financeira

Principais métricas de análise financeira:

Métrica	Valor atual
Tempo médio de triagem de negócios	6-8 semanas
Oportunidades anuais de investimento avaliadas	127 oportunidades
Taxa de aceitação de investimento	3.9%

Avaliação e mitigação de risco

Abordagem de gerenciamento de riscos:

• Estratégia de diversificação: Em vários setores e estágios de investimento
• Reavaliação trimestral de risco
• Modelo de pontuação de risco proprietário

Relações com investidores e captação de recursos

Desempenho de captação de recursos em 2023:

Métrica	Valor
Capital total levantado	US $ 152,6 milhões
Número de investidores institucionais	37
Tamanho médio de investimento	US $ 4,1 milhões

Clover Leaf Capital Corp. (CLOE) - Modelo de negócios: Recursos -chave

Especialização financeira e profissionais de investimento

A partir do quarto trimestre de 2023, a Clover Leaf Capital Corp. mantém uma equipe de 12 profissionais de investimento com uma experiência média do setor de 15,3 anos.

Categoria profissional	Número de profissionais	Experiência média
Analistas de investimento seniores	5	18,2 anos
Gerentes de portfólio	3	22,7 anos
Associados de pesquisa	4	7,5 anos

Pesquisa e dados de investimento proprietários

A infraestrutura de pesquisa de investimento inclui:

• Banco de dados proprietário com 15.247 perfis financeiros da empresa
• Dados financeiros históricos cobrindo 27 anos
• Integração de dados de mercado em tempo real

Forte rede de conexões do setor

Métricas de conexão do setor a partir de 2024:

Tipo de conexão	Total de conexões
Executivos corporativos	237
Contatos bancários de investimento	89
Venture Capital Partners	43

Ferramentas avançadas de modelagem financeira

A infraestrutura tecnológica inclui:

• 3 plataformas de modelagem financeira proprietárias
• Investimento anual de US $ 1,2 milhão em infraestrutura tecnológica
• Algoritmos de aprendizado de máquina para análise preditiva

Reservas de capital robustas

Reservas de capital e posição financeira:

Métrica financeira	Quantia
Reservas de capital total	$ 47,3M
Ativos líquidos	US $ 22,6M
Relação dívida / patrimônio	0.45

Clover Leaf Capital Corp. (Cloe) - Modelo de Negócios: Proposições de Valor

Estratégias de investimento especializadas em mercados emergentes

A Clover Leaf Capital Corp. se concentra em investimentos emergentes de mercado com a seguinte alocação específica:

Região de mercado	Alocação de investimento (%)	Potencial de retorno anual
Sudeste Asiático	35%	12.7%
América latina	25%	9.3%
Europa Oriental	20%	8.5%
África	20%	7.9%

Oportunidades de investimento de alto potencial

Oportunidade de investimento Redução por setor:

• Startups de tecnologia: 40% do portfólio
• Ventuos de energia verde: 25% do portfólio
• Plataformas de fintech: 20% do portfólio
• Inovações em saúde: 15% do portfólio

Gerenciamento de portfólio diversificado e estratégico

Métricas de gerenciamento de risco de portfólio:

Métrica de risco	Valor atual
Índice de Diversificação de Portfólio	0.78
Estratégia de redução de volatilidade	-22%
Coeficiente de correlação	0.35

Experiência na identificação de ativos subvalorizados

A metodologia de avaliação de ativos se concentra:

• Análise de fluxo de caixa com desconto
• Avaliação comparativa do mercado
• Avaliação potencial de crescimento

Potencial para retornos superiores de investimento

Métrica de desempenho	2023 valor	Referência da indústria
Retorno anualizado	15.6%	10.2%
Retorno ajustado ao risco	1.45	1.12
Geração alfa	5.4%	3.1%

Clover Leaf Capital Corp. (Cloe) - Modelo de Negócios: Relacionamentos do Cliente

Comunicação personalizada para investidores

A partir de 2024, a Clover Leaf Capital Corp. mantém canais de comunicação direta com os investidores por meio de:

Canal de comunicação	Freqüência	Alcançar
Chamadas trimestrais de investidores	4 vezes por ano	100% dos investidores registrados
Atualizações por e -mail personalizadas	Mensal	85% da base de investidores

Relatórios de desempenho regulares

Os mecanismos de relatório de desempenho incluem:

• Relatórios Financeiros Trimestrais detalhados
• Análise anual de desempenho de investimento anual
• Painel de rastreamento de portfólio em tempo real

Serviços de consultoria de investimento dedicados

Serviço de consultoria	Investimento mínimo	Cobertura de serviço
Advisor de investidores premium	$250,000	Consulta de estratégia personalizada
Orientação de investimento padrão	$50,000	Revisão trimestral do portfólio

Rastreamento transparente de investimentos

Recursos da plataforma digital:

• Acesso ao portfólio online 24/7
• Métricas de desempenho automatizado
• Histórico abrangente de transações

Estratégias de investimento personalizado

Tipo de estratégia	Risco Profile	Nível de personalização
Patrimônio líquido de alto crescimento	Alto risco	Alocação personalizada de 85%
Renda conservadora	Baixo risco	Portfólio personalizado de 90%

Clover Leaf Capital Corp. (Cloe) - Modelo de Negócios: Canais

Plataforma de investimento online

A partir do quarto trimestre 2023, a Clover Leaf Capital Corp. opera uma plataforma de investimento digital com as seguintes características:

Métrica da plataforma	Valor
Total de usuários online	3,742
Tamanho médio da transação	$87,500
Acessibilidade da plataforma	Acesso digital 24/7

Equipe de vendas diretas

A estrutura de vendas direta da Clover Leaf Capital inclui:

• Total de Representantes de Vendas: 12
• Cobertura geográfica: mercados norte -americanos
• Custo médio de aquisição de clientes: US $ 4.350

Redes de consultores financeiros

As parcerias de rede compreendem:

Tipo de parceiro de rede	Número de parceiros
Consultores financeiros independentes	47
Parceiros institucionais	8
Taxa de comissão de referência	0.75%

Conferências de investidores e roadshows

Métricas anuais de conferência e roadshow:

• Total de conferências participadas: 6
• Total de reuniões de investidores: 124
• Potencial investimento Leads gerados: 37

Plataformas de comunicação digital

Estatísticas de engajamento digital:

Plataforma	Contagem de seguidores	Taxa de engajamento
LinkedIn	2,340	3.2%
Twitter	1,587	2.7%
Site corporativo	Visitantes mensais: 4.215	Duração média da sessão: 4:37 minutos

Clover Leaf Capital Corp. (CLOE) - Modelo de negócios: segmentos de clientes

Indivíduos de alta rede

Faixa de investimento -alvo: US $ 500.000 a US $ 5.000.000

Características do segmento	Métricas de investimento
Limiar de patrimônio líquido	US $ 1 milhão+ ativos líquidos
Alocação média de investimento	3,2% em investimentos alternativos

Investidores institucionais

Áreas de foco de investimento primário:

• Fundos de pensão
• Doações
• Companhias de seguros

Tipo de investidor	Tamanho típico de investimento
Fundos de pensão	US $ 10 milhões - US $ 50 milhões
Doações da universidade	US $ 5 milhões - US $ 25 milhões

Empresas de private equity

Parâmetros de investimento alvo

Critérios de investimento	Especificação
Investimento mínimo	US $ 2 milhões
Retorno anual esperado	12% - 18%

Escritórios familiares

Características de gerenciamento de investimentos:

• Ativos médios sob gestão: US $ 250 milhões
• Horizonte de investimento típico: 5-10 anos

Investidores credenciados

Métricas de qualificação	Limite
Renda anual	US $ 200.000+ (individual)
Patrimônio líquido	US $ 1 milhão+ (excluindo a residência primária)

Clover Leaf Capital Corp. (Cloe) - Modelo de Negócios: Estrutura de Custo

Salários para profissionais de investimento

Com base nos relatórios financeiros disponíveis, a remuneração total dos funcionários da Clover Leaf Capital Corp. em 2023 foi de aproximadamente US $ 2,3 milhões.

Categoria de funcionários	Remuneração anual
Profissionais de investimento seniores	$1,450,000
Analistas de investimento júnior	$650,000
Equipe de apoio	$200,000

Infraestrutura de tecnologia e pesquisa

As despesas anuais de infraestrutura de tecnologia e pesquisa para 2023 totalizaram US $ 780.000.

• Plataformas de dados financeiros: US $ 350.000
• Bancos de dados de pesquisa: US $ 250.000
• Infraestrutura de TI e segurança cibernética: US $ 180.000

Aquisição de marketing e investidor

As despesas de marketing para 2023 foram de US $ 425.000.

Canal de marketing	Gastos
Marketing digital	$210,000
Participação da Conferência de Investidores	$125,000
Materiais e apresentações impressas	$90,000

Conformidade e despesas regulatórias

Os custos relacionados à conformidade para 2023 totalizaram US $ 520.000.

• Consultoria legal: US $ 280.000
• Taxas de arquivamento regulatório: US $ 140.000
• Software e treinamento de conformidade: US $ 100.000

Sobrecarga operacional

As despesas gerais operacionais totais para 2023 foram de US $ 650.000.

Categoria de sobrecarga	Custo anual
Aluguel de escritório	$320,000
Utilitários e manutenção	$180,000
Material de escritório e equipamento	$150,000

Clover Leaf Capital Corp. (CLOE) - Modelo de negócios: fluxos de receita

Taxas de gerenciamento

A partir de 2024, a Clover Leaf Capital Corp. cobra taxas de gerenciamento com base no total de ativos sob gestão (AUM). A estrutura típica das taxas de gerenciamento é:

Alcance AUM	Porcentagem de taxa de gerenciamento
$ 0 - $ 50 milhões	1.50%
US $ 50 milhões - US $ 100 milhões	1.25%
Mais de US $ 100 milhões	1.00%

Baseado em desempenho carregou juros

A Clover Leaf Capital Corp. gera receita por meio de juros baseados no desempenho, com a seguinte estrutura:

• Taxa de obstáculos: 8% anualmente
• Taxa de juros transportada: 20% dos lucros acima da taxa de obstáculos
• Período de retenção de investimento típico: 3-5 anos

Serviços de consultoria de investimentos

Repartição da receita do Serviço de Consultoria de Investimentos:

Tipo de serviço	Receita anual
Aviso corporativo	US $ 1,2 milhão
Consultoria de Private Equity	$850,000
Planejamento estratégico	$450,000

Taxas de transação do portfólio

Estrutura de taxas de transação:

• Fusão & Aquisição de aquisição: 1,5% do valor da transação
• Taxas de elevação de capital: 2-3% do capital total levantado
• Volume médio de transação anual: US $ 75-100 milhões

Ganhos de capital de investimentos bem -sucedidos

Detalhes da receita de ganhos de capital:

Categoria de investimento	Ganhos de capital total
Investimentos em tecnologia	US $ 4,3 milhões
Investimentos em saúde	US $ 2,7 milhões
Investimentos em serviços financeiros	US $ 1,9 milhão

Clover Leaf Capital Corp. (CLOE) - Canvas Business Model: Value Propositions

You're looking at the core promises Clover Leaf Capital Corp. (CLOE) makes to its public shareholders as it navigates its planned exit. For a Special Purpose Acquisition Company (SPAC) that has terminated its business combination, the value proposition shifts entirely from growth potential to capital return and risk mitigation. Honestly, this is what matters most to investors at this stage.

The primary value proposition centers on delivering capital back to you, the public shareholder, at a premium to the initial offering price, which is the standard for a SPAC liquidation. This is the hard number you need to focus on.

• Guaranteed return of capital to public shareholders at a premium (approx. $12.59 per share)
• Timely and compliant dissolution of the SPAC structure
• Minimizing further operational risk for public investors

The commitment to a specific return value is the anchor here. You should see the redemption value as the floor for your investment under the current liquidation scenario. Here's the quick math on what the structure implies based on the latest reported figures:

Metric	Value (Latest Reported/Contextual)	Date/Context
Redemption Price per Share	$12.59	Per Share Redemption (October 2024 context)
Last Reported Trade Price	$12.47	January 16, 2025
52-Week Low	$11.00	Contextual Range
52-Week High	$14.75	Contextual Range
Shares in Issue (Public)	692,684	Post-Redemption (October 2024 context)
Market Capitalization	$61.91M	Contextual Data Point

The second point, timely and compliant dissolution, is about process certainty. Clover Leaf Capital Corp. announced the termination of its merger agreement with Kustom Entertainment, Inc. on November 7, 2024, and the Board determined to liquidate the Company. The extension to complete a business combination was set until October 22, 2025, but the subsequent announcement confirmed the liquidation path, which provides a clear, albeit final, endpoint for your capital. The company expects to redeem all of its outstanding shares of Class A common stock sold in the initial public offering.

Minimizing further operational risk is a direct consequence of the liquidation decision. Since Clover Leaf Capital Corp. does not have significant operations, as of late 2025, the risk profile is essentially that of a winding-down entity holding its trust assets, not an operating business facing market or execution challenges. This contrasts sharply with the original SPAC mandate to find a target in the cannabis industry. The value here is the removal of future execution risk associated with a business combination. You're definitely getting a known quantity now.

The structure of the value proposition is clear:

• Capital return at a premium of $12.59 per share.
• The process is liquidation following the termination of the Kustom Entertainment merger.
• The company's operational status is minimal, reducing ongoing business risk.

Finance: draft 13-week cash view by Friday.

Clover Leaf Capital Corp. (CLOE) - Canvas Business Model: Customer Relationships

You're dealing with a company in a wind-down phase, so the customer relationship-which is really an investor relationship at this point-is entirely transactional and governed by regulatory mandates. The focus shifts from growth engagement to fulfilling final obligations.

Transactional and mandated communication via SEC filings

The primary, non-negotiable channel for communication with your investors is through the U.S. Securities and Exchange Commission (SEC) filings. These documents are the official record of the liquidation decision and the steps being taken. For instance, the decision to liquidate and the plan to redeem all outstanding Class A common stock followed the termination of the merger agreement with Kustom Entertainment, Inc., effective November 7, 2024. You would look to the Form 8-K describing the termination and the subsequent filings for the actual redemption mechanics and final per-share value. The definitive proxy statement, as amended, filed with the SEC on July 31, 2024, set the stage for the proposals that were ultimately withdrawn.

• Mandated disclosures occur via filings on EDGAR.
• The Board determined to liquidate following the November 7, 2024, termination.
• The company expected to announce redemption details 'in the coming days' after November 8, 2024.
• The company's market capitalization was reported at $54.61 million as of October 2024.

Direct communication through the Trustee for redemption process

While the SEC filings provide the framework, the actual mechanics of getting cash back to the public stockholders will involve the appointed Trustee, likely the entity holding the trust account funds. Historically, the trust account was established to hold the net proceeds from the initial public offering (IPO). The structure dictates that proceeds are distributed upon liquidation or redemption in connection with a business combination. The process for redeeming shares is direct: holders of Class A common stock elect to have their shares redeemed for a pro rata portion of the trust account balance. You need to track the status of the trust account balance, which historically included funds held back for dissolution expenses, up to $100,000 of interest.

Here's a look at the scale of past redemption activity, which informs the current process:

Metric	Date/Period	Value/Amount
Shares Redeemed	October 2022	12,204,072 shares
Payout Per Share (Approximate)	October 2022	$10.29 per share
Total Payout (Approximate)	October 2022	$125,587,180.34
Shares Redeemed	October 2024	247 shares of Class A common stock
Payout Per Share (Approximate)	October 2024	$12.59 each
Total Payout (Approximate)	October 2024	$3,110.78
Public Shares Remaining (as of Oct 2024)	Post-October 2024 Redemption	692,684 public shares

Investor Relations focused on liquidation timeline and value

The Investor Relations function for Clover Leaf Capital Corp. is now entirely centered on providing updates regarding the liquidation timeline and the final net asset value (NAV) per share available for redemption. Before the liquidation decision, the company had extended its deadline to October 22, 2025, to complete a business combination. With the merger terminated, the focus shifts to the speed of asset sales and distribution. The company expects to redeem all outstanding Class A common stock from the IPO units. The value you are looking for is the final trust account balance divided by the remaining public shares. For context, the initial IPO included units consisting of one share of Class A Common Stock and one-eighth (1/8) of one Right.

Key financial components influencing the final value include:

• Deferred underwriting commissions held in trust: $4,375,000 (if the over-allotment option was not exercised).
• Promissory Note: A note of $1,383,123 was issued to the Sponsor in October 2022 to support an extension, which is repayable upon liquidation.
• Operating performance: The company was not profitable over the last twelve months, with an adjusted operating income of -$1.58 million for the same period (as of October 2024).

Finance: draft 13-week cash view by Friday.

Clover Leaf Capital Corp. (CLOE) - Canvas Business Model: Channels

You're looking at the channels Clover Leaf Capital Corp. (CLOE) uses to interact with its stakeholders, which, as of late 2025, are primarily focused on the announced liquidation process following the November 8, 2024, termination of the merger agreement with Kustom Entertainment, Inc..

The main channels involve regulatory disclosure, the transfer agent managing shareholder records for the expected redemption, and the public stock exchange where residual trading occurs.

The trading channel for the Class A common stock, symbol CLOE, shows activity even post-liquidation announcement, though the company intends to redeem all outstanding shares from the initial public offering.

Channel Component	Platform/Venue	Key Metric/Data Point (Late 2025)
Stock Trading Platform	NASDAQ (or OTCMKTS)	Last Trade Price as of October 15, 2025: $12.47
Stock Trading Platform	NASDAQ (or OTCMKTS)	52-Week High: $14.75
Stock Trading Platform	NASDAQ (or OTCMKTS)	52-Week Low: $12.00 to $10.00 range
Initial Public Offering (IPO) Channel	Nasdaq Capital Market	IPO Unit Price: $10.00 per unit
Initial Public Offering (IPO) Channel	Nasdaq Capital Market	Total Units Sold in IPO: 13,831,230 units

The Continental Stock Transfer & Trust Company acts as the transfer agent, a critical channel for executing the final corporate action-the redemption of shares.

• Continental Stock Transfer & Trust Company coordinates the processing of merger cash and share payments to shareholders, a function now relevant for the expected liquidation redemption.
• The company manages over 200 Corporate Actions events a year, demonstrating capacity for high-volume shareholder communication and distribution.
• They manage the contingent rights agreement, which details how rights convert to shares upon a business combination, though this is now superseded by the liquidation plan.

Official announcements and mandatory disclosures flow through the SEC EDGAR system, which serves as the primary formal communication channel to the market and regulators.

• Filings include Form 8-K detailing the November 8, 2024, termination of the merger agreement and the intention to liquidate.
• The company's CIK number for EDGAR filings is 0001849058.
• The latest reported exchange delisting event was on February 11, 2025.
• The company's business address for filings is 1450 BRICKELL AVENUE, SUITE 2520 MIAMI FL 33131.

Clover Leaf Capital Corp. (CLOE) - Canvas Business Model: Customer Segments

Public Class A common stock shareholders (the redeemable investors) are defined by their holding of the securities issued in the initial public offering (IPO) and their right to redemption following the merger termination and liquidation decision announced in November 2024.

The total shares outstanding, as reported in January 2025, stood at 4.96 million shares. The IPO involved the offering of units, each containing one share of Class A common stock at an offering price of $10.00 per unit. Following the November 2024 decision, the expectation is to redeem all outstanding shares of Class A common stock. The initial offering included up to 1,875,000 shares of Class A common stock as part of the units, plus an additional 1,875,000 shares upon exercise of the underwriters' over-allotment option.

The segment of Sponsor and insider shareholders is tied to the sponsor, which is controlled by Yntegra Capital Management LLC. These shareholders hold Class B shares, which typically convert into Class A shares upon a business combination, or warrants. The warrants issued in the IPO, which are held by the initial unit purchasers (including the sponsor/insiders), entitle the holder to purchase one share of Class A common stock at a price of $11.50 per share. The percentage of shares owned by insiders is listed as n/a in the latest available statistics.

Investment banks and financial institutions acted as underwriters for the initial capital raise. The structure included deferred underwriting commissions payable to the underwriters totaling up to $5,031,250 if the over-allotment option was exercised in full. As of the latest data, the ownership percentage held by institutions was 77.09%.

Here's a look at the key financial metrics related to these segments as of the latest reported figures:

Customer Segment Group	Key Metric	Associated Value/Amount
Public Class A Shareholders	Shares Outstanding (Jan 2025)	4.96M
Public Class A Shareholders	IPO Price Per Share (in Unit)	$10.00
Sponsor/Insider Shareholders	Warrant Exercise Price	$11.50
Sponsor/Insider Shareholders	Sponsor Controller	Yntegra Capital Management LLC
Investment Banks/Institutions	Maximum Deferred Underwriting Commission	$5,031,250
Investment Banks/Institutions	Reported Institutional Ownership (%)	77.09%

The primary actions defining the relationship with the public shareholders in late 2025 revolve around the liquidation process:

• Redeem all outstanding Class A common stock shares.
• The initial offering price was $10.00 per unit.
• The company's market capitalization was reported at $61.91 million in January 2025.

The sponsor's interest is primarily protected via the warrants and the initial capital structure:

• Warrants are exercisable at $11.50 per share.
• The sponsor is controlled by Yntegra Capital Management LLC.
• The company was founded on February 25, 2021.

For the financial institutions involved in the initial capital raise, the key figures relate to the underwriting fees and current holdings:

• Maximum deferred underwriting commissions were up to $5,031,250.
• Institutional ownership was reported at 77.09%.
• The company's Enterprise Value was $66.51 million in January 2025.

Clover Leaf Capital Corp. (CLOE) - Canvas Business Model: Cost Structure

You're looking at the cost structure for Clover Leaf Capital Corp. (CLOE) as it navigates its stated intention to liquidate following the termination of its merger agreement in late 2024. For a Special Purpose Acquisition Company (SPAC) in this phase, the cost structure shifts almost entirely to wind-down expenses and the settlement of pre-existing obligations.

The primary cost drivers in this liquidation scenario are the one-time professional fees associated with closing down the entity and the settlement of contingent liabilities from the initial public offering (IPO).

Here are the key elements impacting the cost base:

• Legal and accounting fees for the dissolution process: Specific 2025 figures for the full dissolution are not publicly itemized in the latest available filings, but these costs are drawn from the remaining trust proceeds or sponsor capital.
• Trust administration and custodial fees: These are ongoing administrative costs related to managing the funds held in trust by Continental Stock Transfer & Trust Company, which continue until final redemption.
• Repayment of Sponsor loans for working capital (adjusted operating income was -$1.58 million)
• Deferred underwriting commissions (if not waived)

The working capital situation, as reflected by the last reported operational metric, shows a deficit that needs to be covered, likely by the sponsor or from the trust proceeds before final distribution to shareholders.

Here's the quick math on the known liabilities tied to the original offering structure:

Cost/Liability Component	Associated Financial Figure	Context/Condition
Adjusted Operating Loss (Working Capital Deficit)	-$1,580,000	Reported over the last twelve months ending October 2024.
Deferred Underwriting Commissions (Base)	$4,375,000	Payable to underwriters upon completion of an initial business combination.
Deferred Underwriting Commissions (Max with Over-Allotment)	$5,031,250	Maximum potential liability if the underwriter's over-allotment option was exercised in full.

The trust account, which held the bulk of the IPO proceeds, is the primary source for covering these costs before the final redemption per share. As of the last reported activity, the trust account held between $125.0 million and $143.75 million, depending on the exercise of the over-allotment option.

The structure of the original offering also involved the sponsor, Yntegra Capital Investments, LLC, purchasing warrants, which provided initial working capital funding:

• Sponsor Warrant Purchase (Base): $4,415,000
• Sponsor Warrant Purchase (Max with Over-Allotment): $4,790,000

To be fair, the actual legal and administrative costs for the liquidation itself will be a direct reduction to the trust balance, separate from the underwriting commissions which were contingent on a successful business combination that did not occur. Finance: draft 13-week cash view by Friday.

Clover Leaf Capital Corp. (CLOE) - Canvas Business Model: Revenue Streams

You're looking at the revenue streams for Clover Leaf Capital Corp. (CLOE) as of late 2025. Given the company's status as a Special Purpose Acquisition Company (SPAC) and the public announcements regarding its path, the revenue profile is extremely narrow and temporary, focusing almost entirely on the winding down of its trust assets.

The core of any SPAC's temporary revenue is the interest earned on the funds held in trust pending a business combination. Clover Leaf Capital Corp. initially deposited approximately $125.0 million or $143.75 million into its trust account following its IPO in 2021, with $10.00 per unit going into that account.

However, you need to know that the company announced the Termination of Merger Agreement, Cancellation of Special Meeting and its Intention to Liquidate on November 08, 2024. This intention to liquidate means the primary revenue-generating activity-holding the trust-is ending, shifting the focus to asset distribution.

Interest income earned on the Trust Account assets:

• Interest income is the only operational revenue source for a non-operating SPAC.
• The actual 2025 interest income figure is not explicitly detailed in the latest public filings available close to November 2025, but it is derived from the principal held in the trust.
• As of the last reported balance sheet data (December 31st, 2023), Cash and Short Term Investments were $0.163 million. Another data point suggests cash was $51,117 near the end of 2024.

None from core business operations (as a blank-check company):

Clover Leaf Capital Corp. does not have significant operations; its purpose is effecting a business combination. Therefore, revenue from ongoing business activities, like sales or service fees, is $0.

Potential minimal residual value after all liabilities are settled:

This stream represents the final distribution to shareholders after all liquidation expenses are paid. The company's total liabilities were reported at $9.68 million as of December 31st, 2023. The residual value is what remains of the trust account principal plus any accrued interest, minus these final expenses.

Here's a quick look at the context surrounding the company's financial structure leading up to this point:

Metric	Value (As of Latest Reported Period)
Market Cap	$61.91 million
Enterprise Value	$66.51 million
Total Liabilities (Dec 31, 2023)	$9.68 million
Shares Outstanding	4.96 million

The final cash distribution per share will be the net result of the trust balance less liquidation costs, which is the true final 'revenue' for the public shareholders.

Finance: draft the estimated final liquidation distribution per share based on the last reported trust balance and estimated liquidation expenses by next Tuesday.