Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 450

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 3
Chunk 450
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 the financial statements. We believe that our audit provides a reasonable basis for our opinion.

/s/ WithumSmith+Brown, PC

We have served as the Company’s auditor since 2024.

New York, New York

March 21, 2025

PCAOB Number 100

F-2

LIONHEART
HOLDINGS

BALANCE
SHEET

DECEMBER
31, 2024

    Assets: 

    Current assets 

    Cash 
    $891,017 
  
    Prepaid expenses 
     10,034 
  
    Prepaid insurance 
     78,750 
  
    Total current assets 
     979,801 
  
    Long term prepaid insurance 
     91,875 
  
    Cash and marketable
    securities held in Trust Account 
     236,335,105 
  
    Total
    Assets 
    $237,406,781 

    Liabilities, Class A Ordinary
    Shares Subject To Possible Redemption and Shareholders’ Deficit: 

    Current liabilities 

    Accrued expenses 
    $5,000 
  
    Accrued offering costs 
     75,000 
  
    Total Current Liabilities 
     80,000 
  
    Deferred legal fees 
     125,000 
  
    Deferred underwriting
    fee payable 
     9,800,000 
  
    Total Liabilities 
     10,005,000 

    Commitments and Contingencies
    (Note 6) 

    Class A Ordinary Shares subject to possible redemption, 23,000,000 shares at redemption value of $10.28 per share 
     236,335,105 

    Shareholders’ Deficit 

    Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding 
     — 
  
    Class A Ordinary Shares, $0.0001 par value; 500,000,000 shares authorized; none issued or outstanding as of December 31, 2024 (excluding 23,000,000 shares subject to possible redemption as of December 31, 2024) 
     — 
  
    Class B Ordinary Shares, $0.0001 par value; 50,000,000 shares authorized; 7,666,667 shares issued and outstanding 
     767 
  
    Additional paid-in capital