RedOne Investment Ltd - Jun 15, 2021 Form 4 Insider Report for Lakeshore Acquisition I Corp. (LAAA)

Role: 10%+ Owner
Signature: /s/ Bill Chen, Attorney-in-Fact
Stock symbol: LAAA
Transactions as of: Jun 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/17/2021, 08:37 PM
Previous filing: Jun 17, 2021
Next filing: Jul 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LAAA	Ordinary Shares, par value $0.0001	Purchase		+116K	+13.77%		960K	Jun 15, 2021	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LAAA	Warrant	Purchase		+87.2K			87.2K	Jun 15, 2021	Ordinary Shares, par value $0.0001	87.2K	$11.50	Direct	F1, F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Simultaneously with the consummation of the initial public offering of Lakeshore Acquisition I Corp. (the "Company"), RedOne Investment Limited 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").
F2	The Private Units were purchased for $10.00 per unit.
F3	The Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
F4	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.