Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 117

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1A
Chunk 117
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. We expect
that the pro rata redemption price in any redemption will be approximately $10.28 per Public Share as of December 31, 2024 (the “Redemption
Price”), representing a pro rata portion of our Trust Account without taking into account any interest or other income earned on
such funds (less any withdrawals from such interest or income for taxes paid), although the Redemption Price may be less in certain circumstances.
As a result, Public Shareholders who own our Public Shares on a redemption date can anticipate receiving the Redemption Price in connection
with a redemption for each Public Share that they choose to redeem.

There can be no assurance
that, after our initial Business Combination, our Public Shareholders would be able to sell their shares in the post-Business Combination
company for the Redemption Price, or any higher price. We have not, as yet, identified a target and are therefore unable to provide any
assurances as to its financial condition, business prospects or potential risks. It is therefore possible that the share price of the
post-Business Combination company may decline below the Redemption Price. In recent years, the share prices of many post-Business
Combination companies have fallen following a Business Combination. As a result, if our Public Shareholders continue to hold shares in
the post-Business Combination company following our initial Business Combination, we cannot assure our shareholders that the trading price
of such shares will be greater than the Redemption Price.

Uncertainty in connection with certain international economic and political
relationships, including the imposition of tariffs on international trade, political disputes, regulatory changes and other international
matters could have a material adverse effect on our ability to identify potential targets and to consummate our initial Business Combination,
and could adversely affect the financial performance of any target, either foreign or domestic. 

The
international economic and political environment is dynamic and subject to change.  There is currently significant uncertainty about
the future economic and political relationships between the United States and a number of other countries. These uncertainties include,
among other things, the potential imposition of protective tariffs on goods imported from other countries and reciprocal tariffs other
countries may impose on United States products, political disputes that may affect relationships between the United States and other countries
and the imposition of regulatory or other restrictions on trade and commerce. Any such matters could potentially limit the number of potential
targets we may consider, and could also have a material adverse effect on the financial performance of such potential targets. Among other
things, historical financial performance of companies affected