Lakeshore Acquisition III Corp. (LCCCU) Prices $60M IPO

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.