secwatch.observer — SEC 8-K summary
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Issuer:     Lionheart Holdings (CUB)
CIK:        0002015955
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001213900-24-054355
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lionheart Holdings closes SPAC IPO of 23M units at $10/unit, $230M gross proceeds
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- IPO of 23,000,000 units (including full over-allotment) at $10.00 per unit; gross proceeds $230,000,000.
- Proceeds of $230,000,000 placed into trust account; will be released upon business combination or 24-month liquidation.
- Private placement of 6,000,000 warrants at $1.00 each for $6,000,000; sponsor bought 4M, Cantor bought 2M.
- Units trade on Nasdaq as CUBWU; Class A shares as CUB; warrants as CUBWW.
- Management led by CEO Ophir Sternberg; board includes Thomas Hawkins, Roger Meltzer, Antony Sheriff, Gila Cohen.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2015955/000121390024054355/0001213900-24-054355-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2015955/000121390024054355/ea0208124-8k_lion.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-054355

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer