Lakeshore Acquisition II Corp.
LBBBU
NASDAQ Global Market3.19
USD
-1.28
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Lakeshore Acquisition II Corp.
LBBBU
(NASDAQ Global Market)
Recent
price
3.19
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Lakeshore Acquisition II Corp. (NASDAQ: LBBBU) operates as a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands to effect mergers, capital stock exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses. The company offers units comprising ordinary shares, redeemable warrants exercisable at $11.50 per share, and rights to receive one-tenth of an ordinary share; upon separation, these securities trade separately as ordinary shares (LBBB), warrants (LBBBW), and rights (LBBBR). Headquartered in New York, New York, and founded in 2021, Lakeshore Acquisition II focuses on global opportunities across various sectors without predefined geographic or industry restrictions. In March 2024, the company completed a reverse merger business combination with Nature's Miracle Inc., a controlled environment agriculture technology provider, resulting in the combined entity operating as Nature's Miracle Holding Inc. (NASDAQ: NMHI) with enhanced offerings in horticultural lighting, hydroponic equipment, greenhouse systems, and vertical farming solutions primarily targeting North American indoor growers. The transaction, initially announced in September 2022 and shareholder-approved in February 2024, provided Nature's Miracle with public market access and expanded its manufacturing footprint in the U.S. and Canada.
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