Company: CUB
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001213900-25-042278
Chunk: 2

Company: Lionheart Holdings
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
 Ordinary Share, Class B Ordinary Shares 
    $0.07  
    $(0.00)

The accompanying notes are an integral part of
the unaudited condensed financial statements.

2

LIONHEART HOLDINGS

CONDENSED STATEMENTS OF
CHANGES IN SHAREHOLDERS’ DEFICIT
FOR THE THREE MONTHS ENDED MARCH 31, 2025 (UNAUDITED)

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

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance – December 31, 2024 
     —  
    $—  
     7,666,667  
    $767  
    $—  
    $(8,934,091) 
    $(8,933,324)

    Accretion for Class A Ordinary Shares to redemption amount 
     —  
     —  
     —  
     —  
     —  
     (2,447,259) 
     (2,447,259)

    Net income 
     —  
     —  
     —  
     —  
     —  
     2,198,698  
     2,198,698 

    Balance – March 31, 2025 
     —  
    $—  
     7,666,667  
    $767  
    $—  
    $(9,182,652) 
    $(9,181,885)

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

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

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

    Issuance