RedOne Investment Ltd 4/A
4/A · Lakeshore Acquisition I Corp. · Filed Jul 27, 2021
Insider Transaction Report
Form 4/AAmended
RedOne Investment Ltd
10% Owner
Transactions
- Other
Ordinary Shares, par value $0.0001
2021-07-23−258,000→ 664,378 total
Holdings
- 91,282
Warrant
Exercise: $11.50→ Ordinary shares, par value $0.0001
Footnotes (5)
- [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 121,709 units in a private placement (including in connection with the exercise of the underwriters' over-allotment option) (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]On July 23,2021, the Sponsor made a pro-rata, in-kind distribution of 258,000 ordinary shares to its members.
- [F4]The Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
- [F5]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.