4/A//SEC Filing
Chen Deyin 4/A
Accession 0001104659-21-093206
CIK 0001848000other
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 6:02 AM ET
Size
11.2 KB
Accession
0001104659-21-093206
Insider Transaction Report
Form 4/AAmended
Chen Deyin
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Ordinary Shares, par value $0.0001
2021-06-28+5,430→ 922,378 total(indirect: Held by RedOne Investment Limited) - Other
Ordinary Shares, par value $0.0001
2021-06-28−43,517→ 916,948 total(indirect: Held by RedOne Investment Limited) - Purchase
Warrant
2021-06-28+4,073→ 91,282 total(indirect: Held by RedOne Investment Limited)Exercise: $11.50→ Ordinary Shares, par value $0.0001 (4,073 underlying)
Footnotes (7)
- [F1]Includes founder shares issued in connection with the initial public offering (the "IPO") of Lakeshore Acquisition I Corp. (the "Company").
- [F2]Simultaneously with the consummation of the Company's IPO, RedOne Investment Limited (the "Sponsor") 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"). The Private Units were purchased for $10.00 per unit.
- [F3]As contemplated in connection with the Company's IPO, 43,517 founder shares were returned by the Sponsor to the Company for no consideration and cancelled because the underwriters' over-allotment option was partially exercised and the remaining portion of the option would not be exercised by the underwriters.
- [F4]In connection with the exercise of the underwriters' over-allotment option, the Sponsor purchased an additional 5,430 Private Units as contemplated under the purchase agreement for the Private Units. The additional Private Units were purchased for $10.00 per unit.
- [F5]The Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
- [F6]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.
- [F7]Held by RedOne Investment Limited. Mr. Chen is the managing member of RedOne Investment Limited and has voting and investment discretion with respect to the Ordinary Shares held of record by RedOne Investment Limited. Mr. Chen disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Documents
Issuer
Lakeshore Acquisition I Corp.
CIK 0001848000
Entity typeother
Related Parties
1- filerCIK 0001495895
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 18, 8:00 PM ET
- Accepted
- Jul 19, 6:02 AM ET
- Size
- 11.2 KB