Lionheart Holdings Q2 FY26 net loss widens to $4.62 million; operating costs jump to $6.82 million - CUB News | Rallies
Lionheart Holdings Q2 FY26 net loss widens to $4.62 million; operating costs jump to $6.82 million C CUB • 2026-08-14 Deal deadline extended
The SPAC extended its deal deadline to March 20, 2027 .
Quarterly results widen loss
Lionheart Holdings posted a GAAP net loss of $4.62 million for the quarter ended June 30, 2026, versus net income of $2.25 million a year earlier.
Interest income on Trust Account investments fell 11.23% to $2.2 million , while operating costs surged to $6.82 million from $230,165 .
Trust account and redemptions
Trust Account marketable securities rose to $250.54 million at June 30, 2026, from $246.16 million at Dec. 31, 2025.
Shareholders redeemed 4,503,836 Class A shares for about $49.1 million .
Six-month results turn negative
For the six months ended June 30, Lionheart Holdings reported a GAAP net loss of $2.69 million , swinging from net income of $4.45 million a year earlier. 
CUB•
