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

Lionheart’s (NASDAQ:CUBWU) quiet period is set to end on Monday, July 29th. Lionheart had issued 20,000,000 shares in its 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 the company’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Lionheart Trading Down 0.1 %

Shares of CUBWU traded down $0.01 during trading hours on Monday, hitting $9.99. The company’s stock had a trading volume of 538 shares, compared to its average volume of 220,231. Lionheart has a 52-week low of $9.96 and a 52-week 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.