Mergers & Acquisitions ·
Lionheart Holdings extended its deadline to consummate a business combination from June 20, 2026, to March 20, 2027
CUBLionheart Holdings
Lionheart Holdings extended its deadline to consummate a business combination from June 20, 2026, to March 20, 2027. To support this extension, the company entered into non-redemption agreements with unaffiliated institutional investors covering 15,879,072 Class A ordinary shares. In exchange for agreeing not to redeem these shares, the company will issue the investors 3,175,814 additional Class A ordinary shares upon the closing of an initial business combination. The company is a special purpose acquisition company (SPAC) that seeks to identify and merge with a target business.