Lakeshore Acquisition III Corp. Rights
LCCCR
NASDAQ Global Market0.21
USD
-0.08
- -
Lakeshore Acquisition III Corp. Rights
LCCCR
(NASDAQ Global Market)
Recent
price
0.21
P/E
ratio
- -
div
yld
- -
ROIC.AI
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.- Similar Companies
- Business
- Lakeshore Acquisition III Corp. is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Incorporated in the Cayman Islands on October 21, 2024, and headquartered at 667 Madison Avenue, New York, NY 10065, United States, the company has not commenced material operations or generated revenue and maintains its trust account balance at approximately $70.2 million as of September 30, 2025, following placement of IPO proceeds. It targets prospective businesses primarily in North America, South America, Europe or Asia across various industries without restriction; its core offerings consist of public units comprising one ordinary share and one right to receive one-sixth of an ordinary share upon consummation of an initial business combination, private units sold to investors, and related financial instruments traded under tickers LCCCU (units), LCCC (ordinary shares) and LCCCR (rights) on Nasdaq. In its most recent major development, Lakeshore Acquisition III Corp. closed a $69 million initial public offering on April 29, 2025, upsized from $60 million through full exercise of underwriters' over-allotment option for 900,000 additional units at $10.00 each, led by bookrunner A.G.P./Alliance Global Partners with co-manager The Benchmark Company; deferred underwriting fees of $2.415 million remain payable in ordinary shares upon business combination completion. As of its first post-IPO quarterly report for the period ended September 30, 2025, the company disclosed substantial doubt about its ability to continue as a going concern absent a business combination within 15 months of IPO, with 8.905 million ordinary shares outstanding as of late October 2025 and no target announced to date.