Lakeshore Acquisition II Corp. (LBBB) to Combine with Nature’s Miracle in $265M Deal

Lakeshore II (NASDAQ:LBBB) has entered into a definitive agreement to combine with indoor farming firm Nature’s Miracle at an enterprise value of $265 million, or 4.4x its 2022E revenue. Upland, California-based provides equipment and services for controlled environment agriculture (CEA), including greenhouse or vertical farm construction, grow lights and optimization. The combined company is expected
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