Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 224

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1B
Chunk 224
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 Trust Account.

After
our initial Business Combination, members of our Management Team who remain with us may be paid consulting, Management or other fees
from the combined company with any and all amounts being fully disclosed to our shareholders, to the extent then known, in the proxy
solicitation or tender offer materials, as applicable, furnished to our shareholders. It is unlikely the amount of such compensation
will be known at the time of distribution of such tender offer materials or at the time of a general meeting held to consider our initial
Business Combination, as applicable, as it will be up to the directors of the post-combination business to determine executive and
director compensation.

37

Pursuant to the Registration Rights Agreement, the holders of the (i) Founder
Shares, (ii) Private Placement Warrants and (iii)  warrants that may be issued upon conversion of Working Capital Loans (and
in each case holders of their underlying securities, as applicable) have registration rights to require us to register a sale of
any of our securities held by them and any other securities of our Company acquired by them prior to the consummation of our initial Business
Combination (in the case of the Founder Shares, only after conversion to our Class A Ordinary Shares).
The holders of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities.
In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent
to our completion of our initial Business Combination. Notwithstanding anything to the contrary, Cantor may only make a demand on one
occasion and only during the five-year period beginning on the effective date of the IPO Registration Statement. In addition, Cantor
may participate in a “piggy-back” registration only during the seven-year period beginning on the date the sales for
the Initial Public Offering commenced. We will bear the expenses incurred in connection with the filing of any such registration statements.

Our
Sponsor, directors and officers have also entered into the Letter Agreement, with us, pursuant to which, they have waived their rights
to liquidating distributions from the Trust Account with respect to any Founder Shares held by them if we fail to complete our initial
Business Combination within the Combination Period. However, if our Sponsor, directors and officers acquire Public Shares in or after
the Initial Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such Public Shares
if we fail to