- CEO
- Ophir Sternberg
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4218 NE 2nd Avenue Miami FL Cayman Islands 33137
- IPO Date
- Aug 9, 2024
- Business
- Lionheart Holdings Lionheart Holdings (CUBWW), a blank check company incorporated in 2024 as a Cayman Islands exempted company and headquartered at 4218 NE 2nd Avenue, Miami, Florida, focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses in any industry; it currently conducts no significant operations and generates revenue solely from interest on its trust account balance, which stood at approximately $243.8 million as of September 30, 2025. The company, sponsored by Miami-based Lionheart Capital, targets established businesses of scale with high-growth potential led by proven management teams; its leadership includes Chairman, President and CEO Ophir Sternberg, who brings over 30 years of experience in real estate acquisitions and prior SPAC transactions such as mergers with MSP Recovery (rebranded LifeWallet) and Security Matters Limited (SMX). Lionheart Holdings completed a $230 million initial public offering in June 2024, priced at $10 per unit on Nasdaq under CUBWU (with separate trading of Class A ordinary shares under CUB and warrants under CUBWW commencing August 2024), raising gross proceeds through 23 million units each comprising one Class A ordinary share and one-half of a warrant exercisable at $11.50; it reported net income of $6.8 million year-to-date through Q3 2025 driven by trust interest income, holds 23 million public shares and 7.7 million sponsor shares, and has until June 20, 2026, to complete an initial business combination or face liquidation.