Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 781

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 7A
Chunk 781
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”) (ASX:SMX), a publicly traded company on the Australian
Securities Exchange, with an expected combined entity value of $360 million. Its technology gives materials in all states of
matter, solid, liquid, and gas, the ability to maintain a virtual memory of their origination, processing and supply chain journey, including
the ability to authenticate provenance. The transaction, which closed in March 2023, resulted in the simultaneous de-listing of
SMX in Australia and its re-listing on the Nasdaq. Mr. Sternberg remains as a director of the combined company.

In
May 2021, Mr. Sternberg led Lionheart Capital through the acquisition of the American speed boat racing brand, Cigarette Racing
Team, a builder of powerboats for performance boaters.

Mr. Sternberg
is well-qualified to serve as a director due to his extensive real estate, investing and prior blank check experience.

Paul
Rapisarda, our Chief Financial Officer (appointed on March 20, 2024), also serves as Chief Financial Officer at Lionheart Capital
and also served as Chief Financial Officer at Lionheart II and Lionheart III. Mr. Rapisarda is an experienced public
company C-suite executive and investment banking professional with more than 30 years working in and for a variety of public
and private companies. Prior to joining Lionheart Capital in June, 2019, he served as Chief Financial Officer at Etrion Corp. (TSX:ETX),
a dual-listed (Canada/Sweden) solar energy development company. The company is part of The Lundin Group, a portfolio of 12 public
companies in the energy and mining sectors with a combined market capitalization in excess of $20 billion, started or sponsored
by the Lundin family. Mr. Rapisarda was responsible for managing all finance functions, including financial reporting, treasury &
cash management, corporate finance, regulatory/SEC compliance matters and investor relations. He also had direct responsibility for managing
the sale of a core portfolio of Italian solar assets (17 wholly-owned operating assets). Prior to this, he acted as Executive Vice
President- Commercial Development for another dual-listed company (Canada/US), Atlantic Power Corporation (NYSE:AT). The company
was operating in the independent power and infrastructure sectors and had over 2500 MW of