Lakeshore Acquisition II extends SPAC deadline to June 11, 2023; ~2.77M shares redeemed

Lakeshore Acquisition II Corp.

Shareholders approved charter amendment extending business combination deadline from March 11 to June 11, 2023.
Lakeshore deposited $250,000 into trust account to fund the three-month extension.
7,112,071 votes for, 387,562 against; 2,767,411 ordinary shares redeemed in connection with the vote.
Redemption amount represents ~30% of outstanding ordinary shares as of record date (9,141,500 shares).
Company must complete an initial business combination by June 11, 2023 or face dissolution.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Lakeshore Acquisition II Corp.: Extended the time to complete a business combination from March 11, 2023 to June 11, 2023 (effective 2023-03-10).

Change: charter amendment
Effective: 2023-03-10

Exact text from the filing

Lakeshore extended the time Lakeshore has to complete a business combination for an additional three (3) months, from March 11, 2023 to June 11, 2023

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Source: SEC EDGAR

accession 0001213900-23-019258

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