Lakeshore Acquisition III Corp. (NASDAQ:LCCCU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LCCCU”, Wednesday, April 30, 2025.
The new SPAC aims to conduct a broad search for a target with a team that has previously closed business combinations in the medical device, vertical farming and EV charging sectors.
Lakeshore III’s management team is led by Chief Executive Officer and Chief Financial Officer Deyin (Bill) Chen. The Board also includes Jon M. Montgomery, Dr. H. David Sherman and Brian Ferrier.
Total SPAC deal count for 2025 year-to-date is now 30. This offering is expected to close on Thursday, May 1, 2025.
A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering. The Benchmark Company, LLC is acting as the co-manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with KL Gates LLP serving as Underwriter’s Counsel. Adeptus Partners LLP serves as auditor. Wilmington Trust, National Association is acting as trustee.
Republic Digital Acquisition Corp. (NASDAQ:RDAGU) announced the pricing of its upsized $264 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RDAGU”, Thursday, May 1, 2025. The new SPAC aims to combine with a target company in the fintech, software or cryptocurrency industries with substantial free cash flow....
Copley Acquisition Corp. (NYSE:COPL.U) announced the pricing of its $150 million IPO and its units are expected to begin trading on the NYSE under the symbol “COPL.U”, Thursday, May 1, 2025. The new SPAC aims to combine with a company in the technology or lifestyle sectors that have the ability to scale and enhance growth....
Wintergreen Acquisition Corp. (NASDAQ:WTGU) has filed for a $50 million SPAC with a focus on technology and media firms in Asia and China specifically at a particularly interesting time. The new SPAC acknowledges in the second paragraph of its S-1 that this focus “may subject us to significantly elevated regulatory, liquidity, and enforcement risk”, which...
May is to extend a theme for the spring of 2025 with very few de-SPACs and sponsors coming free of their lock-up agreements. This is due in some cases to stellar performance but more broadly due to the slowdown in deal closings about 12 and six months ago. One way or the other, four sponsors...
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