Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 113

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1A
Chunk 113
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    our initial Business Combination and give rise to increased costs and risks that could negatively impact our operations and profitability;

    ●
    we may engage one or more of the underwriters of the Initial Public Offering or one of their respective affiliates to provide additional services to us after the Initial Public Offering, which may include acting as a financial advisor in connection with an initial Business Combination or as placement agent in connection with a related financing transaction. The underwriters of the Initial Public Offering are entitled to receive deferred underwriting commissions that will be released from the Trust Account only upon completion of an initial Business Combination. These financial incentives may cause them to have potential conflicts of interest in rendering any such additional services to us after the Initial Public Offering, including, for example, in connection with the sourcing and consummation of an initial Business Combination;

17

    ●
    we may
    attempt to complete our initial Business Combination with a private company about which little information is available, which may
    result in a Business Combination with a company that is not as profitable as we suspected, if at all;

    ●
    since the Sponsor will lose its entire investment in us if our initial Business Combination is not completed (other than with respect to any Public Shares they may acquire during or after the Initial Public Offering), and because our Sponsor, officers and directors may profit substantially even under circumstances in which our Public Shareholders would experience losses in connection with their investment, a conflict of interest may arise in determining whether a particular Business Combination target is appropriate for our initial Business Combination;

    ●
    the value
    of the Founder Shares following completion of our initial Business Combination is likely to be substantially higher than the nominal
    price paid for them, even if the trading price of our Public Shares at such time is substantially less than $10.00 per Public Share;

    ●
    resources
    could be wasted in researching acquisitions that are not completed, which could materially adversely affect subsequent attempts to
    locate and acquire or merge with another business. If we have not completed our initial Business Combination within the Combination
    Period, our Public Shareholders may receive only approximately $10.00 per Public Share, or less than such amount in certain circumstances,
    on the liquidation of our Trust Account and our Warrants will expire worthless;

    ●
    we may not be able to complete an initial Business Combination with
certain potential target companies if a proposed transaction with the target company may be subject to review or approval by regulatory
authorities pursuant to certain U.S