Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LBBB | Ordinary Shares, par value $0.0001 | Purchase | +352K | +20.74% | 2.05M | Mar 11, 2022 | Held by RedOne Investment Limited | F1, F2, F6 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LBBB | Warrant | Purchase | +176K | 176K | Mar 11, 2022 | Ordinary Shares, par value $0.0001 | 176K | $11.50 | Held by RedOne Investment Limited | F1, F2, F3, F4, F6 | |||
transaction | LBBB | Right | Purchase | +352K | 35.2K | Mar 11, 2022 | Ordinary Shares, par value $0.0001 | 35.2K | $0.00 | Held by RedOne Investment Limited | F1, F2, F5, F6 |
Id | Content |
---|---|
F1 | Simultaneously with the consummation of the initial public offering of Lakeshore Acquisition II Corp. (the "Company"), RedOne Investment Limited acquired 351,500 units in a private placement (the "Private Units"). Each Private Unit consists of one ordinary share of the Company, par value $0.0001, one-half of one warrant to purchase one ordinary share at an exercise price of $11.50 per share (the "Warrants"), and one right that entitles the holder thereof to receive one-tenth (1/10) of one ordinary share upon consummation of the Company's initial business combination. |
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. |
F5 | The Rights automatically convert into one-tenth (1/10) of a share of common stock upon the consummation of the registrant's initial business combination, as described in the registrant's prospectus filed with the SEC. |
F6 | 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. |