Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 179

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1A
Chunk 179
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 votes cast by such shareholders as, being entitled to do so, vote in person or,
where proxies are allowed, by proxy at the applicable general meeting of the Company.

Warrants

Each
whole Warrant entitles the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment as
discussed herein. The Warrants cannot be exercised until 30 days after the completion of the initial Business Combination, and will
expire at 5:00 p.m., New York City time, five years after the completion of the initial Business Combination or earlier
upon redemption or liquidation.

The
Company will not be obligated to deliver any Class A Ordinary Shares pursuant to the exercise of a Warrant and will have no obligation
to settle such Warrant exercise unless a registration statement under the Securities Act with respect to the Class A Ordinary Shares
underlying the Warrants is then effective and a prospectus relating thereto is current. No Warrant will be exercisable and the Company
will not be obligated to issue a Class A Ordinary Share upon exercise of a Warrant unless the Class A Ordinary Share issuable
upon such Warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence
of the registered holder of the Warrants. In the event that the conditions in the two immediately preceding sentences are not satisfied
with respect to a Warrant, the holder of such Warrant will not be entitled to exercise such Warrant and such Warrant may have no value
and expire worthless. In no event will the Company be required to net cash settle any Warrant. In the event that a registration statement
is not effective for the exercised Warrants, the purchaser of a unit containing such Warrant will have paid the full purchase price for
the Unit solely for the Public Share underlying such Unit.

Under
the terms of the warrant agreement, dated June 17, 2024, the Company entered into with Continental Stock Transfer & Trust Company
(“Continental”), as warrant agent of our Public Warrants (the “Warrant Agreement”), the Company has agreed that,
as soon as practicable, but in no event later than 20 business days, after the closing of its Business Combination, it will
use its commercially reasonable efforts to file with the SEC a post-effective amendment to the IPO Registration Statement or a new registration
statement covering the registration under the Securities Act of the