Lionheart Holdings (CUB) Form 8-K — Jun 22, 2026
Lionheart Holdings shareholders approved an amendment to extend the deadline to consummate an initial business combination from June 20, 2026 to March 20, 2027. In exchange, the company entered into non-redemption agreements with institutional investors covering 15.8 million Class A ordinary shares. To secure these non-redemptions, the company agreed to issue approximately 3.2 million additional Class A ordinary shares to the holders upon the closing of a business combination. This represents an issuance of one new share for every five shares held that are not redeemed.
Key figures
- Extension Date
- March 20, 2027
- Conversion Ratio
- 1 new share for every 5 non-redeemed shares
- New Shares Issued
- 3,175,814
- Shares Subject To Non Redemption
- 15,879,072
Price after filing
Close on the filing date to close N calendar days later (from $10.80). Historical, not a forecast.
AI analysis
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