Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 75

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 75
---
rued offering costs 
     75,000 
  
    Total Current Liabilities 
     80,000 
  
    Deferred legal fees 
     125,000 
  
    Deferred underwriting
    fee payable 
     9,800,000 
  
    Total Liabilities 
     10,005,000 

    Commitments and Contingencies
    (Note 6) 

    Class A Ordinary Shares subject to possible redemption, 23,000,000 shares at redemption value of $10.28 per share 
     236,335,105 

    Shareholders’ Deficit 

    Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding 
     — 
  
    Class A Ordinary Shares, $0.0001 par value; 500,000,000 shares authorized; none issued or outstanding as of December 31, 2024 (excluding 23,000,000 shares subject to possible redemption as of December 31, 2024) 
     — 
  
    Class B Ordinary Shares, $0.0001 par value; 50,000,000 shares authorized; 7,666,667 shares issued and outstanding 
     767 
  
    Additional paid-in capital 
     — 
  
    Accumulated deficit 
     (8,934,091)
  
    Total
    Shareholders’ Deficit 
     (8,933,324)
  
    Total
    Liabilities, Class A Ordinary Shares Subject To Possible Redemption and Shareholders’ Deficit 
    $237,406,781 

The
accompanying notes are an integral part of this financial statement.

F-3

LIONHEART
HOLDINGS

STATEMENT
OF OPERATIONS

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

    General and administrative and
    formation costs 
    $495,449 
  
    Loss
    from operations 
     (495,449)

    Other income: 

    Interest earned on cash
    and marketable securities held in Trust Account 
     6,335,105 
  
    Net income 
    $5,839,656 

    Weighted average shares outstanding of Class A Ordinary Shares 
     14,210,191 

    Basic and diluted net income