Brief: Lionheart Acquisition Corporation Ii Enters Into Non-Binding Term Sheets For Forward Purchase Agreement And Committed Equity Facility With Cantor Fitzgerald L.P.

MSP Recovery

13/05/2022 23:27

May 13 (Reuters) - Lionheart Acquisition Corporation II
 LCAP.O :
    * LIONHEART ACQUISITION CORPORATION II ENTERS INTO
NON-BINDING
TERM SHEETS FOR FORWARD PURCHASE AGREEMENT AND COMMITTED EQUITY
FACILITY WITH CANTOR FITZGERALD L.P.
    * LIONHEART ACQUISITION CORPORATION II - CANTOR MAY PURCHASE
UP TO
3.5 MILLION SHARES OF CO'S  STOCK BEFORE CLOSING OF DEAL WITH
MSP RECOVERY, LLC
    * LIONHEART ACQUISITION CORPORATION II - EQUITY FACILITY
COVERS
PURCHASE OF UP TO $1 BILLION IN SHARES OF COMBINED CO AFTER
CLOSING OF BUSINESS COMBINATION

Source text for Eikon:  ID:nBw4v1hZFa 
Further company coverage:  LCAP.O 

 ((Reuters.Briefs@thomsonreuters.com;))