RedOne Investment Ltd - Mar 11, 2022 Form 4 Insider Report for Lakeshore Acquisition II Corp. (LBBB)

Role: 10%+ Owner
Signature: /s/ Deyin (Bill) Chen, Managing Member
Stock symbol: LBBB
Transactions as of: Mar 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/15/2022, 05:10 PM
Previous filing: Mar 8, 2022

Transactions Table

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	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	LBBB	Warrant	Purchase		+176K			176K	Mar 11, 2022	Ordinary Shares, par value $0.0001	176K	$11.50	Direct	F1, F2, F3, F4
transaction	LBBB	Right	Purchase		+352K			35.2K	Mar 11, 2022	Ordinary Shares, par value $0.0001	35.2K	$0.00	Direct	F1, F2, F5

* 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 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.