Lionheart Holdings Files 8-K on Share and Warrant Details

TL;DR

Lionheart Holdings 8-K: Ordinary shares and warrants detailed, $11.50 exercise price on warrants.

AI Summary

On June 26, 2024, Lionheart Holdings filed an 8-K report detailing events that occurred on June 20, 2024. The filing pertains to the company's ordinary shares and warrants, with a specific exercise price of $11.50 per share for the warrants. The company is incorporated in the Cayman Islands and its fiscal year ends on December 31.

Why It Matters

This filing provides crucial details about the structure and terms of Lionheart Holdings' securities, including the exercise price for warrants, which is important for investors to understand potential dilution and future capital raises.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting on existing security details and does not indicate any new material events or financial distress.

Key Numbers

• $11.50 — Warrant Exercise Price (This is the price at which warrant holders can purchase ordinary shares.)

Key Players & Entities

• Lionheart Holdings (company) — Registrant
• June 26, 2024 (date) — Filing Date
• June 20, 2024 (date) — Earliest Event Date
• $11.50 (dollar_amount) — Warrant Exercise Price

FAQ

Key Financial Figures

• $0.0001 — LC Class A ordinary shares, par value $0.0001 per share CUB The Nasdaq Stock Mark
• $11.50 — ordinary share at an exercise price of $11.50 per share CUBWW The Nasdaq Stock Ma
• $10.00 — hare. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to
• $230,000,000 — rating gross proceeds to the Company of $230,000,000. Simultaneously with the closing of th
• $1.00 — PO, in each case at a purchase price of $1.00 per Private Placement Warrant, generati
• $6,000,000 — rating gross proceeds to the Company of $6,000,000. A total of $230,000,000, or $10.00 pe
• $9,800,000 — eds from the IPO (which amount includes $9,800,000 of the underwriter's deferred discount)

Filing Documents

• ea0208470-8k_lionheart.htm (8-K) — 39KB
• ea020847001ex99-1_lionheart.htm (EX-99.1) — 114KB
• 0001213900-24-056212.txt ( ) — 403KB
• cubwu-20240620.xsd (EX-101.SCH) — 4KB
• cubwu-20240620_def.xml (EX-101.DEF) — 27KB
• cubwu-20240620_lab.xml (EX-101.LAB) — 37KB
• cubwu-20240620_pre.xml (EX-101.PRE) — 25KB
• ea0208470-8k_lionheart_htm.xml (XML) — 7KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): June 26, 2024 ( June 20, 2024 ) LIONHEART HOLDINGS (Exact name of registrant as specified in its charter) Cayman Islands 001-42135 98-1778167 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 4218 NE 2 nd Avenue, Miami , FL 33137 (Address of principal executive offices, including Registrant's telephone number, including area code: ( 305 ) 573-3900 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant CUBWU The Nasdaq Stock Market LLC Class A ordinary shares, par value $0.0001 per share CUB The Nasdaq Stock Market LLC Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share CUBWW The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item8.01. Other Events. On June 20, 2024, Lionheart Holdings (the " Company ") consummated its initial public offering (" IPO ") of 23,000,000 units (the " Units "), including 3,000,000 Units issued pursuant to the full exercise of the underwriters' over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the " Class A Ordinary Shares "), and one-half of one redeemable warrant of the Company (each, a " Warrant "), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $230,000,000. Simultaneously with the closing of the IPO, the Company completed the private sale (the " Private Placement " ) of an aggregate of 6,000,000 warrants (the " Private Placement Warrants " ). 4,000,000 Private Placement Warrants were sold to Lionheart Sponsor LLC, the Company's sponsor, and 2,000,000 Private Placement Warrants were sold to Cantor Fitzgerald & Co. the representative of the underwriters in the IPO, in each case at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $6,000,000. A total of $230,000,000, or $10.00 per Unit, comprised of the net proceeds from the IPO (which amount includes $9,800,000 of the underwriter's deferred discount) and the proceeds of the sale of the Private Placement Warrants, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. An audited balance sheet as of June 20, 2024 reflecting the receipt of the proceeds from the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K. Item9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Audited Balance Sheet as of June 20, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LIONHEART HOLDINGS By: /s/ Paul Rapisarda Name: Paul Rapisarda Title: Chief Financial Officer Dated: June 26, 2024 2

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