Lionheart Holdings’ Quiet Period To End on July 29th (NASDAQ:CUBWU)

Lionheart’s (NASDAQ:CUBWU) quiet period will end on Monday, July 29th. Lionheart had issued 20,000,000 shares in its initial public offering on June 18th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During Lionheart’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Lionheart Stock Performance

Shares of CUBWU traded down $0.01 on Monday, reaching $9.99. 538 shares of the stock traded hands, compared to its average volume of 220,231. Lionheart has a 12 month low of $9.96 and a 12 month high of $10.04.

Lionheart Company Profile

We are a blank check company incorporated on February 21, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.