RedOne Investment Ltd 4
4 · Lakeshore Acquisition I Corp. · Filed Jun 17, 2021
Insider Transaction Report
Form 4
RedOne Investment Ltd
10% Owner
Transactions
- Purchase
Ordinary Shares, par value $0.0001
2021-06-15+116,279→ 960,465 total - Purchase
Warrant
2021-06-15+87,209→ 87,209 totalExercise: $11.50→ Ordinary Shares, par value $0.0001 (87,209 underlying)
Footnotes (4)
- [F1]Simultaneously with the consummation of the initial public offering of Lakeshore Acquisition I Corp. (the "Company"), RedOne Investment Limited acquired 116,279 units in a private placement (the "Private Units"). Each Private Unit consists of one ordinary share of the Company, par value $0.0001, and three-quarters of one warrant to purchase one ordinary share at an exercise price of $11.50 per share (the "Warrants").
- [F2]The Private Units were purchased for $10.00 per unit.
- [F3]The Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
- [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.