Lionheart Holdings’ Lock-Up Period Set To Expire on December 16th (NASDAQ:CUBWU)

Lionheart’s (NASDAQ:CUBWU) lock-up period is set to end on Monday, December 16th. Lionheart had issued 20,000,000 shares in its IPO on June 18th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the expiration of Lionheart’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Lionheart Trading Up 3.6 %

NASDAQ:CUBWU opened at $10.43 on Monday. Lionheart has a 12 month low of $9.96 and a 12 month high of $10.90. The company has a 50-day moving average price of $10.09.

About Lionheart

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.