Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 150

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1A
Chunk 150
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 must consummate our initial Business
Combination. If we seek shareholder approval for an extension, Public Shareholders will be offered an opportunity to redeem their Public
Shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest
earned thereon (less taxes payable, if any), divided by the number of then issued and outstanding Public Shares, subject to applicable
law.

Any
of the foregoing payments to our Sponsor, repayments of loans from our Sponsor or repayments of working capital loans prior to our initial
Business Combination will be made using funds held outside the Trust Account.

After
our initial Business Combination, members of our Management Team who remain with us may be paid consulting, Management or other fees
from the combined company with any and all amounts being fully disclosed to our shareholders, to the extent then known, in the proxy
solicitation or tender offer materials, as applicable, furnished to our shareholders. It is unlikely the amount of such compensation
will be known at the time of distribution of such tender offer materials or at the time of a general meeting held to consider our initial
Business Combination, as applicable, as it will be up to the directors of the post-combination business to determine executive and
director compensation.

37

Pursuant to the Registration Rights Agreement, the holders of the (i) Founder
Shares, (ii) Private Placement Warrants and (iii)  warrants that may be issued upon conversion of Working Capital Loans (and
in each case holders of their underlying securities, as applicable) have registration rights to require us to register a sale of
any of our securities held by them and any other securities of our Company acquired by them prior to the consummation of our initial Business
Combination (in the case of the Founder Shares, only after conversion to our Class A Ordinary Shares).
The holders 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 our completion of our initial Business Combination. Notwithstanding anything to the contrary, 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 date the sales for
the