Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 14

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 14
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 Public Warrants in such transactions.

The
purpose of any such transactions could be to (i) increase the likelihood of obtaining shareholder approval of the Business Combination,
(ii) reduce the number of Public Warrants outstanding and/or increase the likelihood of approval on any matters submitted to the Public
Warrant holders for approval in connection with our initial Business Combination or (iii) satisfy a closing condition in an agreement
with a target that requires us to have a minimum net worth or a certain amount of cash at the closing of our initial Business Combination,
where it appears that such requirement would otherwise not be met. Any such purchases of our securities may result in the completion
of our initial Business Combination that may not otherwise have been possible.

In
addition, if such purchases are made, the public “float” of our securities may be reduced and the number of beneficial holders
of our securities may be reduced, which may make it difficult to maintain or obtain the quotation, listing or trading of our securities
on a national securities exchange.

Our
Sponsor, directors, officers, advisors and their affiliates anticipate that they may identify the Public Shareholders with whom our Sponsor,
directors, officers, advisors and their affiliates may pursue privately negotiated transactions by either the Public Shareholders contacting
us directly or by our receipt of redemption requests submitted by Public Shareholders (in the case of Public Shares) following our mailing
of proxy materials in connection with our initial Business Combination. To the extent that our Sponsor, directors, officers, advisors
and their affiliates enter into a private transaction, they would identify and contact only potential selling or redeeming Public Shareholders
who have expressed their election to redeem their Public Shares for a pro rata share of the Trust Account or vote against our initial
Business Combination, whether or not such Public Shareholder has already submitted a proxy with respect to our initial Business Combination,
but only if such Public Shares have not already been voted at the general meeting related to our initial Business Combination. Our Sponsor,
directors, officers, advisors and their affiliates will select from which Public Shareholders to purchase Public Shares based on the
negotiated price and number of Public Shares and any other factors that they may deem relevant, and will be restricted from purchasing
Public Shares if such purchases do not comply with Regulation M under the Exchange Act and the other federal securities laws.

Our
Sponsor, directors, officers, advisors and their affiliates will be restricted from making purchases of Public Shares if the purchases
would violate Section 9(a)(2) or Rule