Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 19

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 19
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 they
vote for or against the proposed transaction, or whether they do not vote or abstain from voting on the proposed transaction, or whether
they were a Public Shareholder on the record date for the general meeting held to approve the proposed transaction.

10

If
a shareholder vote is not required and we do not decide to hold a shareholder vote for business or other legal reasons, we will:

●conduct
                                            the redemptions pursuant to Rule 13e-4 and Regulation 14E of the Exchange Act, which regulate
                                            issuer tender offers, and

●file
                                            tender offer documents with the SEC prior to completing our initial Business Combination
                                            that contain substantially the same financial and other information about the initial Business
                                            Combination and the redemption rights as is required under Regulation 14A of the Exchange
                                            Act, which regulates the solicitation of proxies.

In
the event we conduct redemptions pursuant to the tender offer rules, our offer to redeem will remain open for at least 20 business days,
in accordance with Rule 14e-1(a) under the Exchange Act, and we will not be permitted to complete our initial Business Combination until
the expiration of the tender offer period. In addition, the tender offer will be conditioned on Public Shareholders not tendering more
than the number of Public Shares we are permitted to redeem. If Public Shareholders tender more shares than we have offered to purchase,
we will withdraw the tender offer and not complete the initial Business Combination.

Upon
the public announcement of our initial Business Combination, if we elect to conduct redemptions pursuant to the tender offer rules, we
or our Sponsor will terminate any plan established in accordance with Rule 10b5-1 to purchase our Public Shares in the open market, in
order to comply with Rule 14e-5 under the Exchange Act.

We
intend to require our Public Shareholders seeking to exercise their redemption rights, whether they are record holders or hold their
Public Shares in “street name,” to, at the holder’s option, either deliver their share certificates to our transfer
agent or deliver their shares to our transfer agent electronically using the DWAC system, prior to the date set forth in the proxy materials
or tender offer documents, as applicable. In the case of proxy materials, this date may be up to two business days prior to the scheduled
vote on the proposal to approve the initial Business Combination. In addition, if we conduct redemptions in connection with a shareholder
vote,