Lionheart Holdings Q1 FY26 net income falls to $1.93 million

• Lionheart Holdings posted net income of USD 1.93 million for the quarter ended March 31, 2026, down 12.02% from a year earlier.
• Interest income from cash and marketable securities in the trust account fell 11.13% to USD 2.17 million.
• Operating and formation costs eased 3.53% to USD 239,801.
• Marketable securities held in the trust account rose to USD 248.34 million as of March 31, 2026, while cash held outside the trust account slipped to USD 117,675.
• Management flagged substantial doubt about going concern, citing limited liquidity and a June 20, 2026 deadline to complete a business combination or liquidate.

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