Lakeshore Acquisition II filed with the SEC to offer 6 million units at $10 each. A unit consists of one ordinary share, one-half of a warrant and one right. Each right is good for one-tenth of a share.
Lakeshore II in the filing did not specify any particular sector to target, saying only it would not do a deal with companies in China, Hong Kong or Macau.
CEO and Chairman Deyin (Bill) Chen fills the same roles for Lakeshore Acquisition I. From February 2020 until March 2021, Chen served as a special advisor for Newborn Acquisition, which completed a business combination with Nuvve in March 2021.
Network 1 Financial Securities is sole book-running manager.
The SPAC has applied to list on the Nasdaq under the symbol LBBBU. Read more.
