Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 38

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 38
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 Combination company following our initial Business Combination, we cannot assure our shareholders that the trading price
of such shares will be greater than the Redemption Price.

Uncertainty in connection with certain international economic and political
relationships, including the imposition of tariffs on international trade, political disputes, regulatory changes and other international
matters could have a material adverse effect on our ability to identify potential targets and to consummate our initial Business Combination,
and could adversely affect the financial performance of any target, either foreign or domestic. 

The
international economic and political environment is dynamic and subject to change.  There is currently significant uncertainty about
the future economic and political relationships between the United States and a number of other countries. These uncertainties include,
among other things, the potential imposition of protective tariffs on goods imported from other countries and reciprocal tariffs other
countries may impose on United States products, political disputes that may affect relationships between the United States and other countries
and the imposition of regulatory or other restrictions on trade and commerce. Any such matters could potentially limit the number of potential
targets we may consider, and could also have a material adverse effect on the financial performance of such potential targets. Among other
things, historical financial performance of companies affected by these international matters may not provide as accurate a barometer
of future performance as would pertain in a more stable economic environment.

For
additional risks relating to our operations, other than as set forth above, see the section titled “Risk Factors” contained
in our IPO Registration Statement. Any of these factors could result in a significant or material adverse effect on our results of operations
or financial condition. Additional risks could arise that may also affect our business or ability to consummate an initial Business Combination.
We may disclose changes to such risk factors or disclose additional risk factors from time to time in our future filings with the SEC.

Item
1B. Unresolved Staff Comments.

Not
applicable.

Item
1C. Cybersecurity.

Although as a blank check
company, we do not have any operations, we are nonetheless subject to the risk of cybersecurity incidents. Among other things, the investments
in our Trust Account and bank deposits may be vulnerable to such incidents, and we may depend on the digital technologies of third parties.
We and third parties may be subject to cybersecurity attacks or security breaches. To the extent that we rely on the technologies of third
parties, we depend upon the personnel and the processes of such third parties to protect against cybersecurity incidents, and we have
no personnel or processes of our own for