SHANGHAI, July 12, 2021 /PRNewswire/ -- Lakeshore
Acquisition I Corp. (the "Company") announced today that,
commencing July 22, 2021, holders of
the units sold in the Company's initial public offering completed
on June 15, 2021 may elect to
separately trade the ordinary shares of the Company and warrants
included in such units on The Nasdaq Capital Market ("Nasdaq").
No fractional warrants will be issued upon separation of the
units and only whole warrants will trade. The ordinary shares and
warrants that are separated will trade on Nasdaq under the symbols
"LAAA" and "LAAAW," respectively. Those units not separated will
continue to trade on Nasdaq under the symbol "LAAAU." Holders of
units will need to have their brokers contact Continental Stock
Transfer & Trust Company, the Company's transfer agent, in
order to separate the units into ordinary shares and warrants.
The units were initially offered by the Company in an
underwritten offering. Craig-Hallum Capital Group LLC and Roth
Capital Partners, LLC acted as joint book-running managers for the
offering. A registration statement relating to the securities sold
in the initial public offering was declared effective by the U.S.
Securities and Exchange Commission (the "SEC") on June 10, 2021. The offering was made only by
means of a prospectus. Copies of the prospectus relating to this
offering may be obtained from Craig-Hallum Capital Group LLC, 222
South Ninth Street, Suite 350, Minneapolis, MN 55402, Attn: Equity Capital
Markets, telephone: 612-334-6300 or by email at
prospectus@chlm.com; or from Roth Capital Partners, LLC, 888 San
Clemente, Newport Beach, CA 92660,
Attn: Prospectus Department, telephone: 800-678-9147, or by
accessing the SEC's website, www.sec.gov.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Lakeshore Acquisition I Corp.
Lakeshore Acquisition I Corp. is a blank check company, also
commonly referred to as a special purpose acquisition company, or
SPAC, formed for the purpose of effecting a merger, share exchange,
asset acquisition, share purchase, reorganization or similar
business combination with one or more businesses or entities.
Forward-Looking Statements
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking statements
as that term is defined by the United States Private Securities
Litigation Reform Act of 1995. Any such forward-looking statements
contained herein are based on current expectations, but are subject
to a number of risks and uncertainties that may cause actual
results to differ materially from expectations such as material
adverse events affecting the Company, the ability of Company to
satisfy the conditions for completion of the business combination
and those other risks and uncertainties detailed in the Company's
filings with the Securities and Exchange Commission (the "SEC").
Copies are available on the SEC's website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
View original
content:https://www.prnewswire.com/news-releases/lakeshore-acquisition-i-corp-announces-the-separate-trading-of-its-ordinary-shares-and-warrants-commencing-july-22-2021-301331236.html
SOURCE Lakeshore Acquisition I Corp.