Company: CUB
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074966
Chunk: 27

Company: Lionheart Holdings
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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i) the total
number of all Class A Ordinary Shares outstanding upon the completion of the Initial Public Offering (including any Class A
Ordinary Shares issued pursuant to the Over-Allotment Option and excluding the Class A Ordinary Shares underlying the Private Placement
Warrants), plus (ii) all Class A Ordinary Shares and equity-linked securities issued or deemed issued, in connection with the
closing of the initial Business Combination (excluding any shares or equity-linked securities issued, or to be issued, to any seller
in the initial Business Combination and any Private Placement Warrants-equivalent warrants issued to our Sponsor or any of its affiliates
or to our officers or directors upon conversion of any Working Capital Loans) minus (iii) any redemptions of Public Shares by Public
Shareholders in connection with an initial Business Combination; provided that such conversion of Founder Shares will never occur on
a less than one-for-one basis.

Holders of record of Class A
Ordinary Shares and Class B Ordinary Shares are entitled to one vote for each share held on all matters to be voted on by shareholders.
Unless specified in the Amended and Restated Articles or as required by the Companies Act (As Revised) of the Cayman Islands, as may
be amended from time to time, or stock exchange rules, an ordinary resolution under Cayman Islands law and the Amended and Restated Articles,
which requires the affirmative vote of at least a majority of the 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 is generally required to approve any
matter voted on by the Company’s shareholders. Approval of certain actions requires a special resolution under Cayman Islands law,
which (except as specified below) requires the affirmative vote of at least two-thirds of the 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 (a “Special Resolution”),
and pursuant to the Amended and Restated Articles, such actions include amending the Amended and Restated Articles and approving a statutory
merger or consolidation with another company. There is no cumulative voting with respect to the appointment of directors, meaning, following
our initial Business Combination, the holders of more than 50% of the Ordinary Shares voted for the appointment of directors can elect
all of the directors. Prior to the consummation of