Lionheart Holdings (CUBWW) Warrant
Each CUBWW warrant gives the holder the right to buy 1 share of Lionheart Holdings at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.91, below the strike, so the warrant is out of the money. Lionheart Holdings has a market value of about $285.44M. Lionheart Holdings is a SPAC (no deal announced yet). It must complete a deal by March 20, 2027 or the warrants expire worthless. There are 11.50M listed warrants; exercising all of them would add 44.0% to the 26.16M shares outstanding.
CUB vs strike, last 12 months
No share-price history for CUB yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.62
From the issuer's S-1/A (2024-06-07).
Company and stock
- Company
- Lionheart Holdings
- Underlying stock
- CUB
- Share price
- $10.91
- Market cap
- $285.44M
- Shares outstanding
- 26.16M
- Value of all listed warrants
- $1.38M (0.5% of market cap)
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.1202
- Price / model
Get Pro to see whether CUBWW is cheap or rich against our model.
Dilution
- Shares outstanding
- 26.16M
- Listed warrants
- 11.50M
- Dilution if all exercised
- 44.0%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-03-20
- Latest possible deadline
- 2027-03-20
- Trust per share
- $10.89
- Sponsor
- Lionheart Sponsor LLC
- Sponsor's earlier SPACs
- 2 (2 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about CUBWW
When does the CUBWW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of CUBWW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many CUBWW warrants are outstanding?
11.50M listed warrants, equal to 44.0% dilution if all are exercised.