Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 230

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1B
Chunk 230
---

STATEMENT
OF OPERATIONS

FOR
THE PERIOD FROM FEBRUARY 21, 2024 (INCEPTION) THROUGH DECEMBER 31, 2024

    General and administrative and
    formation costs 
    $495,449 
  
    Loss
    from operations 
     (495,449)

    Other income: 

    Interest earned on cash
    and marketable securities held in Trust Account 
     6,335,105 
  
    Net income 
    $5,839,656 

    Weighted average shares outstanding of Class A Ordinary Shares 
     14,210,191 

    Basic and diluted net income
    per Class A Ordinary Shares 
    $0.27 

    Weighted average shares outstanding of Class B Ordinary Shares 
     7,284,501 

    Basic and diluted net income
    per Class B Ordinary Shares 
    $0.27 

The
accompanying notes are an integral part of this financial statement.

F-4

LIONHEART
HOLDINGS

STATEMENT
OF CHANGES IN SHAREHOLDERS’ DEFICIT

FOR
THE PERIOD FROM FEBRUARY 21, 2024 (INCEPTION) THROUGH DECEMBER 31, 2024

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

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance
    — February 21, 2024 (inception) 
     —  
    $  —  
      —  
    $—  
    $—  
    $—  
    $— 

    Issuance
    of Ordinary Shares 
     —  
     —  
     7,666,667  
     767  
     24,233  
     —  
     25,000 

    Sale of 6,000,000 Private Placement Warrants 
     —  
     —  
     —  
     —  
     6,000,000  
     —  
     6,000,000 

    Fair