Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 319

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1C
Chunk 319
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 Warrant becomes exercisable
30 days after the completion of the initial Business Combination and will expire five years after the completion of the initial
Business Combination, or earlier upon redemption or liquidation.

NOTE
4. PRIVATE PLACEMENT

Simultaneously
with the Initial Public Offering, the Sponsor and Cantor purchased an aggregate of 6,000,000 Private Placement Warrants at $11.50
per share, at a price of $1.00 per Private Placement Warrant, or $6,000,000 in the aggregate. Of those 6,000,000 Private Placement Warrants,
the Sponsor purchased 4,000,000 Private Placement Warrants and Cantor purchased 2,000,000 Private Placement Warrants. Each whole Private
Placement warrant entitles the registered holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject
to adjustment.

F-12

LIONHEART
HOLDINGS

NOTES
TO FINANCIAL STATEMENT

DECEMBER
31, 2024

The
Private Placement Warrants are identical to the Public Warrants sold in the Initial Public Offering except that, so long as they are
held by the Sponsor, Cantor or their permitted transferees, the Private Placement Warrants (i) may not (including the Class A
Ordinary Shares issuable upon exercise of these Private Placement Warrants), subject to certain limited exceptions, be transferred, assigned
or sold by the holders until 30 days after the completion of the initial Business Combination, (ii) are entitled to registration
rights and (iii) with respect to Private Placement Warrants held by Cantor and/or its designees, will not be exercisable more than
five years from the commencement of sales in the Initial Public Offering in accordance with Financial Industry Regulatory Authority Rule 5110(g)(8).

NOTE
5. RELATED PARTY TRANSACTIONS

Founder
Shares

On
March 15, 2024, the Sponsor made a capital contribution of $25,000, or approximately $0.003 per share, for which the Company issued
7,666,667 Founder Shares to the Sponsor.

The
Sponsor agreed not to transfer, assign or sell any of its Founder Shares and any Class A Ordinary Shares issued upon conversion
thereof until the earlier to occur of (i) six months after the completion of the initial Business Combination or (ii) the date