An announcement from Lionheart Holdings Class A ( (CUB) ) is now available.

Lionheart Holdings shareholders, at an extraordinary general meeting held before June 20, 2026, approved an amendment to extend the deadline for completing an initial business combination from June 20, 2026, to March 20, 2027, giving the SPAC more time to identify and close a suitable transaction. This extension alters the deal timeline for investors and helps preserve the vehicle’s viability amid a competitive market for acquisition targets.

In connection with the vote, Lionheart entered into non-redemption agreements with unaffiliated institutional investors covering 15,879,072 Class A shares, under which these holders agreed not to redeem or to reverse prior redemption requests in exchange for 3,175,814 additional shares to be issued around the closing of a future business combination. The move stabilizes Lionheart’s capital base by limiting redemptions, while granting the participating investors registration rights on the new shares and clarifying that no similar non-redemption arrangements were made with the sponsor, Lionheart Sponsor, LLC.