Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 1154

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 9C
Chunk 1154
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 York City time, five years after the completion of the initial Business Combination or earlier
upon redemption or liquidation.

The
Company will not be obligated to deliver any Class A Ordinary Shares pursuant to the exercise of a Warrant and will have no obligation
to settle such Warrant exercise unless a registration statement under the Securities Act with respect to the Class A Ordinary Shares
underlying the Warrants is then effective and a prospectus relating thereto is current. No Warrant will be exercisable and the Company
will not be obligated to issue a Class A Ordinary Share upon exercise of a Warrant unless the Class A Ordinary Share issuable
upon such Warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence
of the registered holder of the Warrants. In the event that the conditions in the two immediately preceding sentences are not satisfied
with respect to a Warrant, the holder of such Warrant will not be entitled to exercise such Warrant and such Warrant may have no value
and expire worthless. In no event will the Company be required to net cash settle any Warrant. In the event that a registration statement
is not effective for the exercised Warrants, the purchaser of a unit containing such Warrant will have paid the full purchase price for
the Unit solely for the Public Share underlying such Unit.

Under
the terms of the warrant agreement, dated June 17, 2024, the Company entered into with Continental Stock Transfer & Trust Company
(“Continental”), as warrant agent of our Public Warrants (the “Warrant Agreement”), the Company has agreed that,
as soon as practicable, but in no event later than 20 business days, after the closing of its Business Combination, it will
use its commercially reasonable efforts to file with the SEC a post-effective amendment to the IPO Registration Statement or a new registration
statement covering the registration under the Securities Act of the Class A Ordinary Shares issuable upon exercise of
the Warrants and thereafter will use its commercially reasonable efforts to cause the same to become effective within 60 business days
following the initial Business Combination and to maintain a current prospectus relating to the Class A Ordinary Shares issuable
upon exercise of the Warrants until the expiration of the Warrants in accordance with the provisions of the Warrant Agreement. If a registration
statement covering the Class A Ordinary Shares issuable upon exercise of the Warrants is not effective by