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Lakeshore Acquisition III Corp Unit(LCCCU)
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Lakeshore Acquisition III Corp Unit(LCCCU) - 2025 Q4 - Annual Report
2026-02-04 18:24
IPO and Offering Costs - The company completed an IPO on May 1, 2025, raising gross proceeds of $69 million from the sale of 6,900,000 Public Units at $10.00 each[69]. - The company incurred offering costs totaling $3,934,900, which included $1,035,000 in underwriting commissions and $2,415,000 in deferred underwriting commissions[70]. Financial Position - As of December 31, 2025, the company had $756,592 in cash available for working capital purposes, with a total of $70,858,017 held in the Trust Account[71][78]. - The company has a working capital of $690,592 as of December 31, 2025, but faces substantial doubt about its ability to continue as a going concern[82]. Income and Revenue - For the year ended December 31, 2025, the company reported a net income of $1,257,633, with $1,858,017 earned from interest income[75]. - The company has no revenue and will not generate operating revenue until after completing its initial business combination[68][74]. Business Combination Plans - The company plans to utilize cash from the IPO proceeds for identifying and evaluating prospective business combination candidates[80]. - If the company fails to complete a business combination within 15 months from the IPO, it will face mandatory liquidation and dissolution[72]. Legal and Advisory Arrangements - The company has entered into an engagement agreement with legal counsel for the initial business combination, with a total fee of $150,000 to be paid prior to closing[95]. - A fairness opinion engagement agreement will incur a total payment of $30,000, due prior to and upon the effectiveness of the registration statement for the initial business combination[96]. - The company has retained a financial advisor for the initial business combination, with an initial retainer of $150,000 paid in the year ended December 31, 2025, and an agreement to issue 500,000 shares at $10.00 per share upon closing[97]. Risk and Obligations - The company has no off-balance sheet arrangements or obligations as of December 31, 2025[91]. - As of December 31, 2025, the company was not subject to any market or interest rate risk, with IPO proceeds invested in U.S. government treasury obligations or money market funds[99]. Shareholder Rights - The company has registration rights for initial shareholders and holders of private units, allowing them to demand registration of their securities after a business combination[94].
Lakeshore Acquisition III Corp Unit(LCCCU) - 2025 Q3 - Quarterly Report
2025-10-28 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other jurisdiction of incorporation or organization) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _______ ...
Lakeshore Acquisition III Corp Unit(LCCCU) - 2025 Q2 - Quarterly Report
2025-08-01 20:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _______ Commission File Number: 001-42623 Lakeshore Acquisition III Corp. (Exact name of registrant as specified in its charter) Cayman Islands N/A (S ...
Lakeshore Acquisition III Corp Unit(LCCCU) - 2025 Q1 - Quarterly Report
2025-05-22 20:30
Financial Performance - The company had a net loss of $34,688 for the three months ended March 31, 2025, with no revenue generated during this period [104]. IPO and Fundraising - The company completed an IPO on May 1, 2025, raising gross proceeds of $69,000,000 from the sale of 6,900,000 Public Units at $10.00 each [101]. - An additional $2,800,000 was raised through the sale of 280,000 Private Units at $10.00 each in a private placement [101]. - A total of $69,000,000 was placed in a Trust Account with Wilmington Trust, while $1,221,788 was held outside the Trust Account for working capital [103]. - The company incurred offering costs of $3,934,900, which included $1,035,000 in underwriting commissions [102]. - The deferred underwriting commission amounts to $2,415,000, which will be paid in the form of shares upon the consummation of the initial business combination [118]. Cash and Assets - As of March 31, 2025, the company had $35,338 in cash and deferred offering costs of $250,850 [106]. - The company anticipates generating non-operating income from interest on cash and cash equivalents derived from the IPO proceeds [105]. - The company expects to utilize funds for evaluating prospective business combination candidates and related expenses [110]. Liabilities and Obligations - The company has no obligations or liabilities considered off-balance sheet arrangements as of March 31, 2025 [117].
Lakeshore Acquisition III Corp Unit(LCCCU) - Prospectus(update)
2025-04-23 19:06
S-1/A 1 lakeshore_s1a.htm FORM S-1/A As filed with the U.S. Securities and Exchange Commission on April 23, 2025. Registration No. 333-286395 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 (Amendment No. 2) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Lakeshore Acquisition III Corp. (Exact name of registrant as specified in its charter) Chief Executive Officer Lakeshore Acquisition III Corp. 667 Madison Avenue, New York, NY 10065 (917) 327-9933 (Address, includin ...
Lakeshore Acquisition III Corp Unit(LCCCU) - Prospectus(update)
2025-04-18 21:20
(Amendment No. 1) REGISTRATION STATEMENT UNDER S-1/A 1 lakeshore_s1a.htm FORM S-1/A As filed with the U.S. Securities and Exchange Commission on April 18, 2025. Registration No. 333-286395 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 THE SECURITIES ACT OF 1933 Lakeshore Acquisition III Corp. (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classificati ...
Lakeshore Acquisition III Corp Unit(LCCCU) - Prospectus
2025-04-04 20:43
S-1 1 lakeshore_s1.htm FORM S-1 As filed with the U.S. Securities and Exchange Commission on April 4, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Lakeshore Acquisition III Corp. (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A New York, NY 10065 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Num ...