Lakeshore Acquisition II Corp.’s $60 Million SPAC IPO

Harneys acted as counsel to Lakeshore Acquisition II Corp in relation to its listing on the Nasdaq Capital Market.

On 28 January, 2022, Lakeshore Acquisition II Corp started trading under the ticker symbol “LAAAU”. 

Its initial public offering of 6,000,000 units is at an offering price of US$10.00 per unit.

Lakeshore Acquisition II Corp. is a blank check company, also commonly referred to as a special purpose acquisition company (SPAC). A SPAC is a newly incorporated company that goes to IPO to raise capital to fund a strategic acquisition 18-24 months later. Lakeshore Acquisition II Corp is incorporated as a Cayman Islands exempted company.

The Harneys team was led by Shanghai Partner Calamus Huang (Picture) and Senior Associate Lily Zhang with support from co-head of the firm’s global Corporate group Raymond Ng.

 

Involved fees earner: Calamus Huang – Harneys; Raymond Ng – Harneys; Lily Zhang – Harneys;

Law Firms: Harneys;

Clients: Lakeshore Acquisition II Corp.;

Sonia Carcano

Author: Sonia Carcano