RedOne Investment Ltd - Jul 23, 2021 Form 4/A - Amendment Insider Report for Lakeshore Acquisition I Corp. (LAAA)

Role
10%+ Owner
Signature
/s/ Bill Chen, Attorney-in-Fact
Stock symbol
LAAA
Transactions as of
Jul 23, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
7/27/2021, 09:27 PM
Date Of Original Report
Jul 19, 2021
Previous filing
Jul 19, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAAA Ordinary Shares, par value $0.0001 Other $0 -258K -27.97% $0.00 664K Jul 23, 2021 Direct F1, F2, F3

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
holding LAAA Warrant 91.3K Jul 23, 2021 Ordinary shares, par value $0.0001 $11.50 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes founder shares issued in connection with the initial public offering (the "IPO") of Lakeshore Acquisition I Corp. (the "Company").
F2 Simultaneously with the consummation of the Company's IPO, RedOne Investment Limited (the "Sponsor") acquired 121,709 units in a private placement (including in connection with the exercise of the underwriters' over-allotment option) (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.
F3 On July 23,2021, the Sponsor made a pro-rata, in-kind distribution of 258,000 ordinary shares to its members.
F4 The Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
F5 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.