Lionheart III Corp
In talks with Security Matters
None
Rumor from
SPAC Details
Ticker : LION
Status : Definitive Agreement
Sector :
Target :
not announced
Trust account : $ 127.0 million
Underwriters : Nomura, Northland Capital Markets
Lawyers :
IPO : Nov. 04, 2021
Target Announced : Jul. 26, 2022
Merger Closed : n/a
Liquidation : Jan. 08, 2023
Chairman, Pres & CEO : Ophir Sternberg
CFO & Sec. : Paul Howard Rapisarda
Chief Operating Officer : Faquiry Diaz Cala
Performance
Common Price : $ 10.14
NAV : $ 10.00
Premium to NAV : 1%
Warrant Price : $ 0.06
Warrant Strike : $ 11.50
Warrant Intrinsic Value : $ 0.00
Total Return : 2%
Annualized Return : 3%
Annualized Volatility : 3%
Sharpe Ratio : -6.45
Maximum Drawdown : 2%
Security Matters
None
Target announced on Jul. 26, 2022
Transaction Overview and Valuation
Equity Value at $10 per share : $ None
Equity Value at current $ per share :
$ 130.8 million
Enterprise Value at $10 per share : $ None
Business Combination Proceeds :
$ 127.0 million Cash in Trust +
$ None PIPE
None
None
see Investor Presentation
No graph available.
Source: Investor presentation. For the latest financial projections please refer to the investor relations department of the company.