Lionheart Holdings Unit
CUBWU
NASDAQ11.05
USD
-0.17
- -
Lionheart Holdings Unit
CUBWU
(NASDAQ)
Recent
price
11.05
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Lionheart Holdings, a blank check company incorporated in 2024 as a Cayman Islands exempted company and headquartered in Miami, Florida, focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities across any industry or geography. The company offers no current operational products or services beyond its SPAC structure, which includes publicly traded units comprising one Class A ordinary share and one-half of a redeemable warrant exercisable at $11.50 per share; its sole activity centers on identifying and executing an initial business combination target. Sponsored by Lionheart Capital, a Miami-based diversified investment firm with over 30 years of experience in acquisitions, real estate development, and public markets, Lionheart Holdings leverages extensive relationships with sovereign wealth funds, family offices, private equity funds, and financial institutions to pursue high-growth opportunities. In June 2024, Lionheart Holdings completed a $230 million initial public offering of 23 million units at $10.00 each on the Nasdaq Global Market under the ticker CUBWU, with over-allotment option fully exercised and concurrent private placement of warrants; Class A ordinary shares and warrants are expected to trade separately as CUB and CUBWW. The net proceeds, held in trust, support the pursuit of a business combination, with no substantive discussions initiated with any target as of the latest disclosures. As of September 2024, Polar Asset Management Partners Inc. acquired a 6.40% stake in the company, reflecting institutional interest in its SPAC vehicle amid a portfolio diversification strategy into diversified financial services.
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