Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 35

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 35
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    or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete
    our initial Business Combination, and results of operations;

    ●
    if we are deemed to be
    an investment company under the Investment Company Act, we may be required to institute burdensome compliance requirements and our
    activities may be restricted, which may make it difficult for us to complete our initial Business Combination;

    ●
    to mitigate the risk that
    we might be deemed to be an investment company for purposes of the Investment Company Act, we may, at any time (based on our Management
    Team’s ongoing assessment of all factors related to our potential status under the Investment Company Act), instruct the trustee
    to liquidate the investments held in the Trust Account and instead to hold the funds in the Trust Account in an interest-bearing
    demand deposit account at a bank until the earlier of the consummation of our initial Business Combination or our liquidation. As
    a result of such transfer, we could receive less interest on the funds held in the Trust Account than the interest we would have
    received pursuant to our original Trust Account investments, which could reduce the dollar amount our Public Shareholders would receive
    upon any redemption or our liquidation; and

    ●
    we may seek to extend the
    Combination Period, which could have a material adverse effect on the amount held in our Trust Account and other adverse effects
    on our Company. 

We may seek to extend the Combination Period,
which could reduce the amount held in our Trust Account and have adverse effects on our Company.

If we are unable to consummate
our Initial Business Combination on or before June 20, 2026, we may seek shareholder approval to extend the Combination Period by amending
our Amended and Restated Charter. In such event, our Public Shareholders will be provided the opportunity to have all or a portion of
their Public Shares redeemed. Any redemptions will reduce the amount held in our Trust Account, the effect of which may adversely affect
our ability to consummate our initial Business Combination and may also impair our ability to maintain our Nasdaq listing.

We anticipate that our securities will be
suspended from trading on Nasdaq and delisted if we do not consummate our initial Business Combination by June 17, 2027. Any trading suspension
or delisting could have a material adverse effect on the trading of our securities and may adversely affect our