Company: CUB
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109274
Chunk: 2

Company: Lionheart Holdings
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
827 

    Net income 
    $2,332,213  
    $3,220,747  
    $6,778,619  
    $3,327,965 

    Weighted average shares outstanding of Class A Ordinary Shares 
     23,000,000  
     23,000,000  
     23,000,000  
     10,567,568 

    Basic and diluted net income per ordinary share, Class A Ordinary Shares 
    $0.08  
    $0.11  
    $0.22  
    $0.19 

    Weighted average shares outstanding of Class B Ordinary Shares 
     7,666,667  
     7,666,667  
     7,666,667  
     7,666,667 

    Basic and diluted net income per ordinary share, Class B Ordinary Shares 
    $0.08  
    $0.11  
    $0.22  
    $0.19 

The accompanying notes are an integral part of
the unaudited condensed financial statements.

2

LIONHEART HOLDINGS

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’
DEFICIT (UNAUDITED)

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2025

    Class A Ordinary Shares  
    Class B Ordinary Shares  
    Additional Paid-in  
    Accumulated  
    Total Shareholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance – December 31, 2024 
     —  
    $—  
     7,666,667  
    $767  
    $—  
    $(8,934,091) 
    $(8,933,324)

    Accretion for Class A Ordinary Shares to redemption amount 
     —  
     —  
     —  
     —  
     —  
     (2,447,259) 
     (2,447,259)

    Net income 
     —  
     —  
     —  
     —  
     —  
     2,198,698  
     2,