Deyin Chen - 11 Mar 2022 Form 4 Insider Report for Lakeshore Acquisition II Corp.

Reporting relationship: CEO and CFO, Director, 10%+ Owner
Issuer ticker: N/A
Reported as of: 11 Mar 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 15 Mar 2022, 17:08:49 UTC
Prior SEC filing: 08 Mar 2022
Next SEC filing: 29 Apr 2025
Source filing: View source filing
Reporting owner signature: /s/ Deyin Chen

Key filing fact

Deyin Chen filed Form 4 for Lakeshore Acquisition II Corp. on 15 Mar 2022.

Key facts

This page summarizes Deyin Chen's Form 4 filing for Lakeshore Acquisition II Corp..
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 15 Mar 2022, 17:08.

Change

Previous filing in this sequence was filed on 08 Mar 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LBBB transaction

Ordinary Shares, par value $0.0001

Purchase

Transaction value
Shares: +351,500
Change %: +21%
Price
Shares after: 2,046,500
Date: 11 Mar 2022
Ownership: Held by RedOne Investment Limited
Footnotes: F1, F2, F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LBBB transaction Derivative

Warrant

Purchase

Transaction value
Shares: +175,750
Change %
Price
Shares after: 175,750
Date: 11 Mar 2022
Ownership: Held by RedOne Investment Limited
Underlying class: Ordinary Shares, par value $0.0001
Underlying amount: 175,750
Exercise price: $11.50
Footnotes: F1, F2, F3, F4, F6

LBBB transaction Derivative

Right

Purchase

Transaction value
Shares: +351,500
Change %
Price
Shares after: 35,150
Date: 11 Mar 2022
Ownership: Held by RedOne Investment Limited
Underlying class: Ordinary Shares, par value $0.0001
Underlying amount: 35,150
Exercise price: $0.000000
Footnotes: F1, F2, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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.

Footnote F2

The Private Units were purchased for $10.00 per unit.

Footnote F3

The Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.

Footnote 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.

Footnote 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.

Footnote 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.