Company: CUB
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074966
Chunk: 108

Company: Lionheart Holdings
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 2
Chunk 108
---
 any of our officers or directors in their
capacity as such or against any of our property.

Item 1A. Risk Factors.

As a smaller reporting company
under Rule 12b-2 of the Exchange Act, we are not required to include risk factors in this Report. For additional risks relating to our
operations, other than as set forth below, see the section titled “Risk Factors” contained in our (i) IPO Registration Statement,
(ii) 2024 Annual Report and (iii) Quarterly Reports on Form 10-Q for the quarterly periods ended June 30, 2024, September 30, 2024 and
March 31, 2025 as filed with the SEC on August 12, 2024, November 12, 2024, and May 13, 2025, respectively. Any of these factors could
result in a significant or material adverse effect on our results of operations or financial condition. Additional risks could arise
that may also affect our business or ability to consummate an initial Business Combination. We may disclose changes to such risk factors
or disclose additional risk factors from time to time in our future filings with the SEC.

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds.

Unregistered Sales of Equity Securities

None.

Use of Proceeds

For a description of the
use of proceeds generated in our Initial Public Offering and Private Placement, see Part II, Item 2 of our Quarterly Report on Form 10-Q
for the quarterly period ended June 30, 2024, as filed with the SEC on August 12, 2024. There has been no material change in the planned
use of proceeds from our Initial Public Offering and Private Placement as described in the IPO Registration Statement. The specific investments
in our Trust Account may change from time to time.

Purchases of Equity Securities by the Issuer
and Affiliated Purchasers

None.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

Trading Arrangements

During the quarterly period
ended June 30, 2025, none of our directors or officers (as defined in Rule 16a-1(f) promulgated under the Exchange Act) adopted
or terminated any “Rule 10b5-1 trading arrangement” or any “non-Rule 10b5-1 trading arrangement,” as each term
is defined in Item