Lionheart III Files for $100M IPO

Lionheart III filed with the SEC to offer 10 million units at $10 each. A unit consists of one share of Class A common stock and one-third of one redeemable warrant. Whole warrants are exercisable at $11.50.

The SPAC said it would “pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector.”

Lionheart III is led by Chairman, President and CEO Ophir Sternberg, founder and CEO of Miami-based Lionheart Capital.

The SPAC has applied for a Nasdaq listing under LHRTU. Read more.

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