Lakeshore Acquisition II Corp.
LBBBR
NASDAQ Global Market0.28
USD
+0.05
- -
CIK
0001867287
ISIN
KYG5352N1135
CUSIP
G5352N113
Return %
Stock
S&P500
1Y
38.20
26.53
3Y
100.00
76.60
5Y
100.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Deyin Chen
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 667 Madison Avenue New York City NY United States of America 10065
- IPO Date
- Apr 14, 2022
- CIK
- 0001867287
- Similar Companies
- Business
- Lakeshore Acquisition II Corp. Lakeshore Acquisition II Corp. is a blank check company, or special purpose acquisition company (SPAC), whose principal business activity involves effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. Incorporated in 2021 and headquartered in New York, New York, the company operates without significant ongoing operations prior to completing its initial business combination; it raised $69 million in gross proceeds from its initial public offering of 6.9 million units in March 2022, which included one Class A ordinary share, one-half of one redeemable warrant, and one right to receive one-tenth of one Class A ordinary share upon consummation of an initial business combination. Geographically, Lakeshore Acquisition II Corp. targeted opportunities globally with a focus on North American sectors such as controlled environment agriculture. In its most significant recent development, the company completed a reverse merger business combination with Nature’s Miracle, Inc., a provider of hardware, software, and services for indoor growing environments including grow lights, hydroponic products, greenhouses, vertical farming solutions, and containerized farms, on March 11, 2024, resulting in the combined entity trading as Nature’s Miracle Holding Inc. (Nasdaq: NMHI); this transaction followed shareholder approval on February 16, 2024, with approximately $1.12 million remaining in trust after substantial redemptions, and marked the delisting of Lakeshore Acquisition II Corp.'s securities including the LBBBR rights by March 12, 2024.