Company: CUB
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109274
Chunk: 94

Company: Lionheart Holdings
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 94
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 of the Underwriting Agreement. If we fail to consummate an initial Business Combination within
the Combination Period, such Deferred Fee will be included with the funds held in the Trust Account that will be available to fund the
redemption of our Public Shares upon the liquidation of the Trust Account.

Registration Rights Agreement

The holders of (i) the Founder
Shares, (ii) the Private Placement Warrants and (iii) any private placement-equivalent warrants issued in connection with the Working
Capital Loans, if any, and in each case holders of their underlying securities, as applicable) are entitled to registration rights pursuant
to the Registration Rights Agreement, requiring us to register such securities for resale (in the case of the Founder Shares, only after
conversion to our Class A Ordinary Shares). The holders of the majority of these securities are entitled to make up to three demands,
excluding short form demands, that we register such securities. In addition, the holders have certain “piggy-back” registration
rights with respect to registration statements filed subsequent to the consummation of a Business Combination and rights to require us
to register for resale such securities pursuant to Rule 415 under the Securities Act. Cantor may only make a demand on one occasion and
only during the five-year period beginning on the effective date of the IPO Registration Statement. In addition, Cantor may participate
in a “piggy-back” registration only during the seven-year period beginning on the effective date of the IPO Registration Statement
.We will bear the expenses incurred in connection with the filing of any such registration statements.

Letter Agreement

Our Sponsor, directors and
officers have entered into the Letter Agreement with us, pursuant to which, they have waived their rights to liquidating distributions
from the Trust Account with respect to any Founder Shares held by them if we fail to complete our initial Business Combination within
the Combination Period. However, if they acquire Public Shares in or after the Initial Public Offering, they will be entitled to liquidating
distributions from the Trust Account with respect to such Public Shares if we fail to complete our initial Business Combination within
the Combination Period.

Additionally, pursuant to
the Letter Agreement, our Sponsor, directors and officers will not propose any amendment to our Amended and Restated Articles to modify
(i) the substance or timing of our obligation to allow redemption in connection with our initial Business Combination or to redeem 100%
of our Public Shares if we do not complete our initial Business Combination within the Combination Period or (ii) any other material provisions