---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-056469"
form_type: "8-K"
ticker: null
cik: "0001867287"
company_name: "Lakeshore Acquisition II Corp."
filed_at: "2023-07-12T23:59:59+00:00"
generated_at: "2026-06-13T09:37:16.303335+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lakeshore Acquisition II Corp. enters $250K loans from CEO and target CEO; includes equity bonus

## Summary
- Two $125K loans from CEO Bill Chen and Nature's Miracle CEO James Li, unsecured, 0% interest until Nov 11, 2023.
- Proceeds used to repay $250K prior March 2023 loan.
- Each lender receives 12,500 shares of post-merger company (25,000 total) as bonus shares.
- Loans closed July 12; shares to be issued by merger close or Nov 11, 2023.

## SEC filing metadata
- accession: 0001213900-23-056469
- form_type: 8-K
- cik: 0001867287
- company_name: Lakeshore Acquisition II Corp.
- filed_at: 2023-07-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1867287/000121390023056469/0001213900-23-056469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867287/000121390023056469/ea181657-8k425_lake2.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-056469
- JSON: https://secwatch.observer/filing/0001213900-23-056469.json
- Plain text: https://secwatch.observer/filing/0001213900-23-056469.txt

## Key facts
- Debt Financings
  Lakeshore Acquisition II Corp. incurred loan of aggregate principal amount of $250,000 with Bill Chen and James Li at do not bear interest; provided that, if the loan is not repaid by the maturity d maturing maturity date on November 11, 2023.
  - Instrument: loan
  - Principal: aggregate principal amount of $250,000
  - Counterparty: Bill Chen and James Li
  - Rate: do not bear interest; provided that, if the loan is not repaid by the maturity d
  - Maturity: maturity date on November 11, 2023
  - Event: incurrence
  source text: On July 11, 2023, Lakeshore Acquisition II Corp., a Cayman Islands exempted company (together with its successors, the " Company ") entered into two separate loan agreements for an aggregate principal amount of $250,000, on substantially the same terms. The lender of the first loan agreement is Bill Chen, Chief Executive Officer of the Company, who agreed to lend the Company a principal amount of $125,000, and the lender of the second loan agreement is James Li, the Chief Executive Officer of Nature’s Miracle, Inc., the target in the previously announced proposed business combination with the Company, who agreed to lend the Company a principal amount of $125,000. Pursuant to the loan agreements, the loans are unsecured and do not bear interest; provided that, if the loan is not repaid by the maturity date on November 11, 2023, then the outstanding amount will bear interest at 8% per annum, and will be payable with accrued interest on demand. The loans closed on July 12, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1867287/000121390023056469/0001213900-23-056469-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.