Company: CUB
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109274
Chunk: 1

Company: Lionheart Holdings
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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0.0001 par value; 500,000,000 shares authorized; none issued or outstanding (excluding 23,000,000 shares subject to possible redemption) as of September 30, 2025 and December 31, 2024, respectively 
     —  
     — 
  
    Class B Ordinary Shares, $0.0001 par value; 50,000,000 shares authorized; 7,666,667 shares issued and outstanding as of September 30, 2025 and December 31, 2024 
     767  
     767 
  
    Additional paid-in capital 
     —  
     — 
  
    Accumulated deficit 
     (9,608,866) 
     (8,934,091)
  
    Total Shareholders’ Deficit 
     (9,608,099) 
     (8,933,324)
  
    Total Liabilities, Class A Ordinary Shares Subject To Possible Redemption and Shareholders’ Deficit 
    $244,252,880  
    $237,406,781 

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

1

LIONHEART HOLDINGS

CONDENSED STATEMENTS OF OPERATIONS
(UNAUDITED)

    For the Three Months Ended September 30,  
    For The Nine Months Ended September 30,  
    For the Period from February 21, 2024 (Inception) Through September 30, 

    2025  
    2024  
    2025  
    2024 
  
    Operating and formation costs 
    $196,049  
    $177,250  
    $674,775  
    $310,862 
  
    Loss from operations 
     (196,049) 
     (177,250) 
     (674,775) 
     (310,862)

    Other income: 

    Interest earned or change in fair value on marketable securities held in Trust Account 
     2,528,262  
     3,397,997  
     7,453,394  
     3,638,827 
  
    Total other income 
     2,528,262  
     3,397,997  
     7,453,394  
     3,638,