Filing Details

Accession Number:
0001104659-21-093206
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2021-07-19 06:02:30
Reporting Period:
2021-06-28
Accepted Time:
2021-07-19 06:02:30
Original Submission Date:
2021-07-09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1848000 Lakeshore Acquisition I Corp. LAAA () 4/A
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1495895 Deyin Chen Suite A-2F, 555 Shihui Road,
Songjiang District
Shanghai F4 2001100
Chief Executive Officer Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares, Par Value $0.0001 Disposition 2021-06-28 43,517 $0.00 916,948 No 4 J Indirect Held by RedOne Investment Limited
Ordinary Shares, Par Value $0.0001 Acquisiton 2021-06-28 5,430 $0.00 922,378 No 4 P Indirect Held by RedOne Investment Limited
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect Held by RedOne Investment Limited
No 4 P Indirect Held by RedOne Investment Limited
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares, Par Value $0.0001 Warrant Acquisiton 2021-06-28 4,073 $0.00 4,073 $11.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
91,282 No 4 P Indirect
Footnotes
  1. Includes founder shares issued in connection with the initial public offering (the "IPO") of Lakeshore Acquisition I Corp. (the "Company").
  2. Simultaneously with the consummation of the Company's IPO, RedOne Investment Limited (the "Sponsor") acquired 116,279 units in a private placement (the "Private Units"). Each Private Unit consists of one ordinary share of the Company, par value $0.0001, and three-quarters of one warrant to purchase one ordinary share at an exercise price of $11.50 per share (the "Warrants"). The Private Units were purchased for $10.00 per unit.
  3. As contemplated in connection with the Company's IPO, 43,517 founder shares were returned by the Sponsor to the Company for no consideration and cancelled because the underwriters' over-allotment option was partially exercised and the remaining portion of the option would not be exercised by the underwriters.
  4. In connection with the exercise of the underwriters' over-allotment option, the Sponsor purchased an additional 5,430 Private Units as contemplated under the purchase agreement for the Private Units. The additional Private Units were purchased for $10.00 per unit.
  5. The Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
  6. The Warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.
  7. Held by RedOne Investment Limited. Mr. Chen is the managing member of RedOne Investment Limited and has voting and investment discretion with respect to the Ordinary Shares held of record by RedOne Investment Limited. Mr. Chen disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.