LCCC SEC filings, in plain English
Everything Lakeshore III has filed with the SEC that we hold — 40 filings, newest first, 37 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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What changed: Lakeshore Acquisition III Corp. filed an 8-K on September 1, 2026, confirming that CPRO Electronics Co. Ltd. wired a second extension payment of $67,500 to the trust account on August 26, 2026, which extends the deadline to consummate its initial business combination from September 1, 2026, to October 1, 2026. Why it matters: Investors must note the new redemption deadline of October 1, 2026, as this is the final date by which shareholders can redeem their shares for the pro rata trust value before the SPAC either completes the merger with CPRO Korea or liquidates.
What changed: Exhibit A: Joint Filing Agreement submitted with a Schedule 13G/A, executed pursuant to Rule 13d-1(k) of the Securities Exchange Act of 1934, authorizing four investment vehicles to collectively amend beneficial ownership disclosures for Ordinary Shares of Lakeshore Acquisition III Corp. The filing introduces no adjustments to ownership percentages, voting thresholds, purchase price caps, or conditional closing requirements. It contains zero references to the September 1, 2026 redemption deadline, trust account valuation, extension mechanics, merger vote procedures, target company diligence, or sponsor conduct. Why it matters: For investors monitoring redemption calendars, trust distributions, or transaction timelines, this document is procedurally inert because it operates exclusively as an administrative consent to combine four related parties into a single regulatory submission. The only substantive content derives from the execution clauses, which state that CaSaundra Wu (Chief Compliance Officer) signs on behalf of Westchester Capital Management, LLC and Westchester Capital Partners, LLC; James Sena (Chief Compliance Officer) signs for Virtus Investment Advisers, LLC; and Daphne Chisolm (Vice President, Counsel and Assistant Secretary) signs for The Merger Fund, all dated August 14, 2026. The agreement contains no claims regarding customers, revenue, market size, technology, partnerships, litigation, or corporate strategy.
What changed: A routine compliance exhibit—specifically, a Limited Power of Attorney attached to a Schedule 13G filing, executed to delegate SEC filing authority. Mizuho Financial Group, Inc., Mizuho Bank, Ltd., Mizuho Americas LLC, and Mizuho Securities USA LLC authorized Takahiro Katsura via signed Power of Attorney (Exhibit A and Exhibit B) to execute, amend, supplement, and file Form 13G pursuant to Section 13(d) and Section 13(g) of the Exchange Act for LCCC holdings. Bearing on your tracked mechanics, the filing discloses zero changes to trust composition, redemption thresholds, extension parameters, deal progression, or sponsor conduct. The instrument explicitly reserves revocation rights and disclaims assumed liability under Section 13 of the Exchange Act on behalf of the attorneys-in-fact. Why it matters: Because the document consists entirely of procedural delegation language, signatory titles, and subsidiary address classifications, it provides no actionable intelligence regarding capital deployment, redemption triggers, or merger timelines. Signatories Shuji Matsuura and Adam Hopkins confirm standard corporate governance practices for institutional holdings, while Exhibit A maps operations across offices identified as 1-5-5, Otemachi, Chiyoda-ku, Tokyo 100-8176, Japan, and two New York locations at 1271 Avenue of the Americas, NY, NY 10020, USA. With no revenue, customer, market, technology, partnership, or litigation metrics disclosed, investors monitoring mechanical milestones should treat this as a routine filing maintenance step with negligible near-term impact on the announced transaction or trust liquidity.
What changed: Schedule 13G/A amendment reporting beneficial ownership of LCCC securities by Barclays PLC. Barclays PLC filed this amendment to update its regulatory disclosure regarding its stake in Lakeshore III. The excerpt identifies the reporting entity but does not disclose the specific change in share count or percentage ownership. Why it matters: This routine compliance exhibit tracks institutional share positioning, which investors monitor for potential implications on PIPE liquidity or underwriting relationships. The document makes no reference to redemption mechanics, trust composition, extension voting, merger progress, or sponsor conduct. No substantive operational, financial, market, technological, partnership, litigation, or personnel claims appear in the text.
What changed: Quarterly report on Form 10-Q for the period ended June 30, 2026, filed by Lakeshore Acquisition III Corp. (a blank-check SPAC) with the SEC. The filing discloses several key events: (1) On May 22, 2026, the Company entered into a merger agreement to acquire CPRO Electronic Holding Limited for $185 million in stock, with a purchase price adjustment if CPRO debt exceeds $26 million; (2) On July 27, 2026 (subsequent to quarter-end), shareholders approved an extension of the business combination deadline from August 1, 2026 to August 1, 2027, on a month-to-month basis, with $67,500 monthly deposits required; (3) In connection with the extension vote, 5,082,213 ordinary shares were tendered for redemption, representing a significant reduction in the public float; (4) CPRO Korea made the first extension payment of $67,500; (5) The trust account value per share as of June 30, 2026 was approximately $10.45, up from $10.27 at year-end 2025, reflecting interest income; (6) The company disclosed a going concern warning due to limited working capital and the risk of not completing a business combination within the extended timeframe. Why it matters: This filing is critical for SPAC investors because it provides the first comprehensive financial update since the merger announcement, including trust account valuations, redemption activity, and the extension implementation. The massive redemption of 5.08 million shares (out of 6.9 million public shares) indicates significant shareholder skepticism about the deal or timeline, though the SPAC remains listed with a reduced public float. The extension, funded by the target, shows CPRO's commitment but also signals the deal still faces hurdles. The trust value per share remains above $10.00, providing a floor for remaining shareholders. Registered holders must now track the new September 1, 2026 deadline and watch for further extension payments or deal completion.
What changed vs 2026-04-23trust $71.5M → $72.1M +1%trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $71.5M$72.1M
- Combination deadline
- not previously extracted2027-08-01
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 6.90M · unchanged
SpacBrain reads this as $626,475 was added to the trust between the two filings.
The clause …“42,500 9,000 Total Current Assets 294,580 765,592 Marketable securities held in Trust Account 72,102,981 70,858,017 Total Assets $ 72,397,561 $ 71,623,609 LIABILITIES AND SHAREHOLDERS DEFICIT Current Liabilities Accrued expenses”…
The clause …“business combination on the same month-to month basis from August 1, 2026 to August 1, 2027, by depositing $67,500 into the Trust Account per one-month extension. In connection with the shareholders vote at the EGM, an aggregate of”…
The clause “014-15, Disclosures of Uncertainties about an Entity s Ability to Continue as a Going Concern . As of June 30, 2026, the company had $ 252,080 cash, working capital of $ 294,580 , and will continue to incur significant costs in pursuit of”…
The clause …“were 2,005,000 shares of ordinary shares issued and outstanding, excluding 6,900,000 shares subject to possible redemption. Rights Each holder of a public right will automatically receive one-sixth of one ordinary share upon”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: A Joint Filing Agreement executed by Feis Equities LLC and Lawrence M. Feis, asserting that their shared Schedule 13G statement regarding Ordinary shares of Lakeshore Acquisition III Corp. dated August 4, 2026, and any amendments thereto, will be filed jointly on behalf of both parties pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934. Feis Equities LLC and Lawrence M. Feis have formalized a joint reporting arrangement for their respective Schedule 13G filings, signed on August 4, 2026. The document discloses no alterations to redemption deadlines, trust account values, extension mechanisms, proposed transaction progress, or sponsor conduct. It contains no assertions regarding customers, revenue streams, addressable market size, corporate strategy, proprietary technology, commercial partnerships, legal proceedings, or leadership changes. Why it matters: Because the instrument functions exclusively as an SEC-compliant procedural coordination between co-reporters, it does not modify shareholder liquidity windows, preserve or drain the trust balance, trigger extension votes, advance or delay a business combination, or reflect sponsor governance shifts. Investors tracking Lakeshore III should treat the filing as a routine compliance update with zero economic or mechanical consequences for the SPAC or its public shareholders.
What changed: SEC Form 8-K Current Report documenting the conclusion of an extraordinary general meeting, the formal amendment of corporate and trust charters to extend the business combination window, the filing of updated governing documents, and the reporting of shareholder voting outcomes, triggered redemptions, and an extension payment remittance. Per the Company's report of events at an extraordinary general meeting held on July 27, 2026, shareholders approved a charter amendment extending the business combination deadline from August 1, 2026 to August 1, 2027. The filing notes the Amended Charter now allows up to twelve (12) one-month extensions, conditioned on depositing $67,500 per extension into the trust account. According to Item 8.01 of the report, CPRO Electronics Co. Ltd. wired the first extension payment of $67,500 to the trust account on July 27, 2026, which the Company states advances the deadline by one month to September 1, 2026. In connection with the vote, an aggregate of 5,082,213 ordinary shares were tendered for redemption. Attributed to the record date of July 1, 2026, there were 8,905,000 shares outstanding; 7,295,014 shares were present (approximately 81.92%), voting 5,702,758 for and 1,592,192 against the charter amendment, and 5,446,677 for and 1,848,273 against the trust amendment. Why it matters: The extension framework and the $67,500 remittance are expressly linked by the Company to the merger agreement dated May 22, 2026 with CPRO Electronics Co. Ltd., indicating active sponsorship funding aligned with that specific transaction timeline. The documented redemption of 5,082,213 shares permanently removes those units from the public float and will reduce the aggregate trust balance available upon either a business combination completion or a future termination event. By attaching the Amended Charter as Exhibit 3.1, the Company codifies direct governance thresholds, including a stated requirement that any target business must hold an aggregate fair market value of at least 80 percent of Trust Account assets at the time of signing, a prohibition on merging with other blank check companies, a rule that uninterested Independent Directors must approve transactions involving affiliated members or officers, and a liquidation provision authorizing the trustee to deduct up to US$50,000 of trust interest for dissolution expenses before distributing remaining funds to Public Shareholders.
What changed: A DEFA14A proxy supplement revising the trust amendment proposal ahead of an extraordinary general meeting. Signed by Chairman, Chief Executive Officer, and Chief Financial Officer Deyin (Bill) Chen, the Company discloses that it amends the Trust Amendment Proposal to delete the initially stated fee calculation ('$0.033 multiplied by the number of ordinary shares sold to the public...') and substitute a fixed '$67,500 per one-month extension.' The Company attributes the need for the extension to ongoing efforts to satisfy conditions for the May 22, 2026 merger agreement with CPRO Electronics entities and notes there may not be sufficient time before the Current Termination Date of August 1, 2026 to complete the deal. The filing maintains the proposed twelve-month month-to-month extension to August 1, 2027, keeps the charter and trust amendments cross-conditioned, and confirms the July 27, 2026 meeting logistics, July 1, 2026 record date, and July 23, 2026 redemption tender deadline. The Company reports the trust held approximately $72.1 million as of July 6, 2026 and estimates a redemption price of approximately $10.56 per share if the extension runs fully. It also restates that the Sponsor’s 1,725,000 Founder Shares and 280,000 Private Placement Units become worthless absent a completed business combination by August 1, 2027. Why it matters: Replacing a variable, redemption-sensitive extension fee with a flat $67,500 cap removes uncertainty around monthly trust drain volumes tied to shareholder withdrawal behavior. This adjustment protects remaining trust liquidity while signaling the Sponsor’s willingness to fund extensions out-of-pocket despite the acknowledged regulatory delay surrounding the CPRO transaction. For investors, the mechanical shift leaves the fundamental redemption calculus intact: shareholders can opt out by July 23, 2026 for a pro rata slice of the approximately $72.1 million trust (projected at approximately $10.56 per share) or stay invested to vote on the eventual business combination. The filing confirms no shareholder vote on the CPRO merger itself occurs at this meeting; that decision is deferred until SEC approvals and other conditions clear within the extended timeframe.
What changed: Definitive Proxy Statement (DEF 14A) for an Extraordinary General Meeting to approve a charter amendment extending the SPAC's business combination deadline and a trust agreement amendment. LCCC proposes to extend its business combination deadline from August 1, 2026 to August 1, 2027 (up to 12 one-month extensions), each requiring a monthly deposit of up to $67,500 into the trust account. Shareholders may elect to redeem their public shares in connection with the vote; the redemption deadline is July 23, 2026. The trust account held approximately $72.1 million as of July 6, 2026, and the estimated per-share redemption price if fully extended is approximately $10.44. The filing also confirms the previously announced May 22, 2026 merger agreement with CPRO Electronics, which the board has unanimously approved and declared advisable. Why it matters: Approval is necessary to avoid forced liquidation on August 1, 2026. If approved, LCCC gains up to 12 additional months to close its pending business combination with CPRO. The filing sets key redemption mechanics and deadlines for public shareholders, and the expected significant redemptions may reduce trust assets. The proxy also discloses sponsor incentives and conflicts of interest, and lays out risks including CFIUS review and potential Investment Company Act implications.
What changed: Preliminary Proxy Statement (PRE 14A) filed by Lakeshore Acquisition III Corp. seeking shareholder approval to amend its charter and trust agreement to extend the deadline to complete a business combination from August 1, 2026 to August 1, 2027, and to adjourn the meeting if necessary. The filing also describes the previously announced merger agreement with CPRO Electronics Holding Limited and related entities. The filing proposes three shareholder votes: (1) Charter Amendment to extend the termination date from August 1, 2026 to August 1, 2027 on a month-to-month basis; (2) Trust Amendment to allow the Company to extend up to twelve times by depositing a monthly fee of $0.033 per share (up to $67,500) into the trust; (3) Adjournment proposal if votes are insufficient. The trust account had approximately $[•] million as of [•], 2026 (placeholder). Redemption rights are offered to public shareholders; the Company states it expects significant redemptions. The Sponsor (RedOne Investment Limited) owns 1,975,000 shares (22.2%) and intends to vote in favor. The board unanimously recommends a 'FOR' vote on all proposals. Why it matters: The SPAC’s current deadline is August 1, 2026, and it has a signed merger agreement with CPRO Electronics (South Korea-based) signed May 22, 2026. Without the extension, the SPAC will liquidate and public shareholders could receive a pro rata distribution from the trust, while rights expire worthless. The filing discloses that the board believes there is insufficient time before the deadline to complete the business combination. Redemptions could reduce trust assets, potentially impacting the ability to close. Risk factors include CFIUS review (given sponsor's foreign ties), Investment Company Act concerns, and trade policy/tariff effects. The filing provides critical information for shareholders deciding whether to redeem or hold.
What changed: An 8-K current report filed by Lakeshore Acquisition III Corp. announcing the entry into a definitive merger agreement with CPRO Electronics Holding Limited, along with exhibits including the full merger agreement, voting and support agreement, registration rights agreement, lock-up agreement, and a press release. Lakeshore Acquisition III Corp. (LCCC) announced it has entered into a definitive merger agreement on May 22, 2026 with CPRO Electronics Holding Limited, a physical AI security company. The transaction will be structured as a reincorporation merger followed by an acquisition merger, with the combined company expected to retain the name 'CPRO Holding Limited'. The aggregate consideration for CPRO shareholders is $185,000,000, paid entirely in stock valued at $10.00 per share, subject to a dollar-for-dollar downward adjustment if CPRO's indebtedness exceeds $26,000,000. The agreement includes provisions for a PIPE financing, sponsor share repurchase, and customary closing conditions. The companies expect the transaction to close in Q4 2026. Why it matters: This filing marks a significant milestone for the SPAC, transitioning from a DEAL_ANNOUNCED status to a definitive agreement. It establishes the key financial terms of the business combination, including a $185,000,000 base purchase price, and provides a timeline for expected closing in Q4 2026. The agreement also outlines critical mechanics for the deal, such as the trust account usage, redemption process, extension provisions (if closing not occurred by August 1, 2026), and a $69,000,000 minimum trust balance. For investors tracking redemption deadlines, this provides the formal structure for shareholder voting and the redemption opportunity. The transaction's success will depend on CPRO's ability to deliver financial statements and final disclosure schedules, and the parties' ability to secure PIPE financing.
What changed: A Schedule 13G beneficial ownership report filed to publicly disclose institutional holdings in LCCC, identified by SEC access number [0000312069-26-000156], with Barclays PLC listed as the reporting holder. Barclays PLC filed this Schedule 13G to report its beneficial ownership position in LCCC. The provided text contains only the form designation, SEC access number [0000312069-26-000156], and the holder’s name. Barclays PLC did not disclose share quantities, percentage ownership, transaction dates, or acquisition prices. Accordingly, the filing reflects no measurable change in capital commitment, redemption exposure, timing pressure, extension discussions, merger agreement execution, or sponsor conduct. It contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Why it matters: Schedule 13G filings signal when institutional investors establish or adjust long-term equity stakes, which can foreshadow voting behavior, block trade liquidity, or redemption participation ahead of business combination consummation or deadline-driven liquidation. However, because this submission lacks quantified position data and pricing details from Barclays PLC, it does not yet alter redemptions modeling, trust depletion forecasts, or sponsorship risk assessments. Investors awaiting the complete exhibit or subsequent Schedule 13D/G amendments should monitor for disclosed aggregate shares, cost basis, and whether the holding remains passive or becomes controlling.
What changed: 10-Q (quarterly report). The company filed its first-quarter Form 10-Q for the period ended March 31, 2026. Key redemption-calendar figures: trust value per share rose to approximately $10.36 at March 31, 2026 (from $10.27 at December 31, 2025), and total trust account marketable securities increased to $71,476,506 from $70,858,017. Net income totalled $509,845. Cash outside the trust dropped to $590,198 from $756,592; the company reported working capital of $581,948. The deadline to complete a business combination remains unchanged at 15 months from the IPO effective date (April 29, 2025), i.e. approximately July 29, 2026. The company reiterated a going-concern qualification, citing substantial doubt about its ability to complete a deal within that window. No new business combination announcement was made; no extensions were sought or approved. The company reported it had no amounts outstanding under any working capital loans. Why it matters: The trust per-share value ($10.36) is above the $10.00 IPO price, meaning redemptions would capture accreted interest. With cash on hand shrinking and a firm liquidation deadline approaching, the 10-Q signals heightened urgency. The going-concern disclosure is a material risk flag for investors tracking whether this SPAC can consummate a deal before the July 2026 deadline.
What changed vs 2025-10-28trust $70.2M → $71.5M +2%trust account, going-concern doubt, redeemable shares1 moved · 2 with no prior record of ours
- Trust account
- $70.2M$71.5M
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 6.90M · unchanged
SpacBrain reads this as $1,291,865 was added to the trust between the two filings.
The clause …“66,750 9,000 Total Current Assets 656,948 765,592 Marketable securities held in Trust Account 71,476,506 70,858,017 Total Assets $ 72,133,454 $ 71,623,609 LIABILITIES AND SHAREHOLDERS DEFICIT Current Liabilities Accrued expenses”…
The clause “014-15, Disclosures of Uncertainties about an Entity s Ability to Continue as a Going Concern . As of March 31, 2026, the company had $ 590,198 cash, working capital of $ 581,948 , and will continue to incur significant costs in pursuit”…
The clause …“were 2,005,000 shares of ordinary shares issued and outstanding, excluding 6,900,000 shares subject to possible redemption. Rights Each holder of a public right will automatically receive one-sixth of one ordinary share upon”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Annual report on Form 10-K for fiscal year ended December 31, 2025. First annual report since IPO; Trust account grew from $69,000,000 to $70,858,017 ($10.27 per share); Net income of $1,257,633 from trust interest; Company still has not identified a target; Going concern uncertainty noted; Working capital of $690,592; Insider trading and clawback policies adopted. Why it matters: Provides audited financials post-IPO, trust value per share for redemption, deadline of August 1, 2026, and confirmation that no business combination is in progress; affects investors' decisions on holding or redeeming shares.
What changed: Routine compliance exhibit — a Joint Filing Agreement appended to a Schedule 13G beneficial ownership report, executed pursuant to Rule 13d-1(k) of the Securities Exchange Act of 1934. The filing text reports zero changes to redemption calendars, trust values, extension votes, merger execution status, or sponsor behavior. It solely establishes an administrative joint reporting arrangement among Westchester Capital Management, LLC; Westchester Capital Partners, LLC; Virtus Investment Advisers, LLC; and The Merger Fund for LCCC ordinary shares. Why it matters: Substance is limited to corporate governance and signing authority. Westchester Capital Management, LLC and Westchester Capital Partners, LLC designate CaSaundra Wu (identifying herself as Chief Compliance Officer) to execute on their behalf. Virtus Investment Advisers, LLC designates Chetram Persaud (identifying himself as Chief Compliance Officer). The Merger Fund designates Daphne Chisolm (identifying herself as Vice President, Counsel and Assistant Secretary). These individuals collectively attest the joint filing complies with SEC rules as of November 14, 2025. Because the core Schedule 13G schedule containing ownership percentages, acquisition dates, or purpose-of-transaction statements is absent from the excerpt, investors receive no verifiable data on position sizing, activist intent, or capital commitment relative to the SPAC from this attachment alone.
What changed: Routine compliance exhibit consisting of Limited Powers of Attorney (Exhibit A and Exhibit B) appended to a Schedule 13G/A amendment, drafted by Mizuho Financial Group, Inc., Mizuho Bank, Ltd., Mizuho Americas LLC, and Mizuho Securities USA LLC to authorize specific officers to sign and file Form 13G disclosures with the SEC regarding their LCCC securities positions. The filing bears no impact on LCCC’s redemption deadlines, trust share value, extension date, deal progress, or sponsor conduct. As attributed to Mizuho Financial Group, Inc. and its subsidiaries in the exhibits, the document only appoints Takahiro Katsura (Managing Director, Head of Global Branches & Subsidiaries Coordination Office, Global Corporate Function Coordination Department) as attorney-in-fact to prepare, amend, and timely submit regulatory forms. The undersigned explicitly disclaim that Katsura assumes any Section 13 Exchange Act compliance responsibilities or liabilities, and no new redemption mechanics, trust accounting procedures, extension approvals, or sponsor conduct shifts are introduced. Why it matters: Because it functions solely as administrative housekeeping for exchange act reporting, it provides no actionable signal regarding shareholder exit windows, trust distribution conditions, or merger timeline deviations. Beyond the power of attorney, the only substantive disclosures originate from Mizuho Bank, Ltd., Mizuho Americas LLC, and Mizuho Securities USA LLC, which identify their principal business offices at “1–5–5, Otemachi, Chiyoda–ku, Tokyo 100–8176, Japan” and “1271 Avenue of the Americas, NY, NY 10020, USA,” classify themselves as a non-U.S. institution equivalent to Bank, a parent holding company, and a registered Broker-Dealer, and name Hidekatsu Take and Adam Hopkins as executing signatories. None of these entities, titles, addresses, or corporate classifications contain claims about customers, revenue, market size, strategy, technology, partnerships, active litigation, or personnel changes relevant to LCCC’s target acquisition or trust preservation.
What changed: 10-Q (Quarterly Report) for Lakeshore Acquisition III Corp. The SPAC completed its IPO on May 1, 2025, raising $69,000,000 from 6,900,000 public units at $10.00 per unit and $2,800,000 from 280,000 private units sold to the sponsor. Total trust account balance as of September 30, 2025 is $70,184,641. For the nine months ended September 30, 2025, the company reported net income of $668,571 (all from interest income on trust securities) and operating expenses of $516,070. As of the filing date, no initial business combination has been announced. The deadline to complete a business combination is 15 months from the effective date of the IPO (April 29, 2025), i.e., July 29, 2026. The filing includes a going concern disclosure about the risk of not completing a deal within that period. No material changes to redemption mechanics, extension provisions, or sponsor conduct. Why it matters: This is the first 10-Q since the IPO. It confirms the trust value per share is approximately $10.17 as of September 30, 2025 (including accrued interest), providing a baseline for future redemptions. The trust is invested in U.S. government securities. The company is actively searching for a target but has not yet announced a definitive agreement. Investors should track deal progress and any potential extension votes. The filing also quantifies offering costs and related-party transactions.
What changed vs 2025-08-01trust $69.5M → $70.2M +1%going concern APPEAREDtrust account, going-concern doubt, redeemable shares2 moved · 1 with no prior record of ours
- Trust account
- $69.5M$70.2M
- Going-concern doubt
- not statedstated
- Redeemable shares
- 6.90M · unchanged
SpacBrain reads this as $717,330 was added to the trust between the two filings.
The clause …“33,250 15,000 Total Current Assets 849,906 310,876 Marketable securities held in Trust Account 70,184,641 - Total Assets $ 71,034,547 $ 310,876 LIABILITIES AND SHAREHOLDERS EQUITY (DEFICIT) Current Liabilities Notes payable to”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“obligations under applicable laws or regulations. This uncertainty raises substantial doubt about the Company s ability to continue as a going concern one year from the date the financial statements are issued. No adjustments have”…
The clause …“were 2,005,000 shares of ordinary shares issued and outstanding, excluding 6,900,000 shares subject to possible redemption. Rights Each holder of a public right will automatically receive one-sixth of one ordinary share upon”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Exhibit A, a Joint Filing Agreement executed on August 14, 2025, by Harraden Circle Investments, LLC; Harraden Circle Investors GP, LP; Harraden Circle Investors GP, LLC; Harraden Circle Investors, LP; Harraden Circle Special Opportunities, LP; Harraden Circle Strategic Investments, LP; and Frederick V. Fortmiller, Jr., formally consolidating their beneficial ownership disclosures for Shares of Lakeshore Acquisition III Corp. under Rule 13d-1(k) of the Securities Exchange Act of 1934. The filing bears the Schedule 13G/A designation, indicating an update to a prior beneficial ownership report, but the attached text contains only the joint signature page. It discloses no changes to the underlying registration statement, provides no revised share quantities or ownership percentages, and makes no references to the SPAC’s redemption window, trust account balance or valuation, extension motions, target acquisition negotiations, or sponsor conduct. No figures, dates, or operational metrics related to deal mechanics are reported in the provided exhibit. Why it matters: As a routine compliance exhibit, this document solely establishes that the Harraden Circle family of investment vehicles and Frederick V. Fortmiller, Jr. are filing collectively as required by SEC regulations. It contains no substantive business claims, customer metrics, revenue figures, market-size estimates, strategic initiatives, technology roadmaps, partnership announcements, litigation disclosures, or personnel changes. Because the amendment flag implies a revision to a prior filing, the material updates—if any—reside in the accompanying Schedule 13G/A data pages, which are not included in the provided text. The filing itself carries no forward-looking commentary or sponsor commitments attributable to any executive, board member, or advisor. Accordingly, it does not alter the known redemption deadline of 2026-09-01 or affect trust-value monitoring protocols.
What changed: This document is a routine compliance exhibit—specifically, a Limited Power of Attorney (Exhibit A) executed to support the timely signing and submission of a Schedule 13G with the U.S. Securities and Exchange Commission. According to the Power of Attorney executed by Hidekatsu Take (Deputy President & Corporate Executive, Mizuho Financial Group, Inc.; Managing Executive Officer, Head of Global Corporate & Investment Banking Division, Mizuho Bank, Ltd.) and Adam Hopkins (Chief Legal Officer/Managing Director, General Counsel, Mizuho Americas LLC and Mizuho Securities USA LLC) on 8-13-2025, no SPAC mechanics have changed. The filing solely delegates signing authority to Takahiro Katsura (Managing Director, Head of Global Branches & Subsidiaries Coordination Office, Global Corporate Function Coordination Department) to execute Forms 13G and related amendments. It introduces no adjustments to the $10.06 trust/share amount, the 2026-09-01 deadline, redemption procedures, extension voting, merger progression, or sponsor oversight protocols. Why it matters: Per Exhibit A tables within the filing, Mizuho Bank, Ltd. is located at 1-5-5, Otemachi, Chiyoda-ku, Tokyo 100-8176, Japan and classified as a non-U.S. institution equivalent to Bank; Mizuho Americas LLC operates as a parent holding company at 1271 Avenue of the Americas, NY, NY 10020, USA; and Mizuho Securities USA LLC serves as a registered Broker-Dealer at 1271 Avenue of the Americas, NY, NY 10020, USA. Beyond establishing that these entities hold securities triggering Section 13(d) and 13(g) disclosure thresholds, the document attributes zero substantive claims about customer bases, revenue lines, total addressable markets, corporate strategy, technology roadmaps, partnership pipelines, litigation matters, or key personnel movements. Because neither the grantors nor the appointed attorney-in-fact comments on shareholder redemption intent, trust capital preservation, or transaction validation, the instrument carries no material signaling weight for investors tracking LCCC.
What changed: Quarterly report on Form 10-Q for the period ended June 30, 2025, filed by Lakeshore Acquisition III Corp. (LCCC), a blank check company. The company consummated its initial public offering (IPO) and private placement on May 1, 2025, raising gross proceeds of $69,000,000 from 6,900,000 units at $10.00 per unit and $2,800,000 from 280,000 private units at $10.00 per unit. Net proceeds of $69,000,000 were placed in a trust account. As of June 30, 2025, the trust account held $69,467,311, representing approximately $10.06 per public share. The company has 15 months from the effective date of the IPO (April 29, 2025) to complete a business combination. No target has been announced. The sponsor's $300,000 promissory note was repaid in full on May 1, 2025. The company had $1,022,944 in cash outside the trust for working capital. Why it matters: This is the first post-IPO quarterly report, establishing the trust value per share ($10.06), the liquidation deadline (July 29, 2026), and the sponsor's financial arrangements. It confirms the sponsor has not yet identified a target, and the company is still in the search phase. The trust value exceeds the $10.00 IPO price due to interest income, providing a slight premium for redeeming shareholders.
trust account, redeemable shares, sponsor loans outstandingnothing moved · 3 with no prior record of ours
- Trust account
- not previously extracted$69.5M
- Redeemable shares
- not previously extracted6.90M
- Sponsor loans outstanding
- $300Knot matched in this filing
The clause …“57,500 15,000 Total Current Assets 1,080,444 310,876 Marketable securities held in Trust Account 69,467,311 - Total Assets $ 70,547,755 $ 310,876 LIABILITIES AND SHAREHOLDERS EQUITY (DEFICIT) Current Liabilities Notes payable to”…
The clause …“were 2,005,000 shares of ordinary shares issued and outstanding, excluding 6,900,000 shares subject to possible redemption. Rights Each holder of a public right will automatically receive one-sixth of one ordinary share upon”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Schedule 13G beneficial ownership report identifying Shaolin Capital Management LLC and David Puritz as reporting parties. The provided text lists only the filing type, accession number, and two holder names. It contains no share counts, percentage thresholds, acquisition dates, or statements of purpose. Consequently, there are no disclosed changes to ownership, and nothing is reported concerning LCCC’s 2026-09-01 deadline, $10.06 per-share trust value, extension mechanics, target combination status, or sponsor conduct. Why it matters: Because the excerpt omits quantitative holdings, amendment flags, or activist/purpose declarations, it does not shift the redemption calendar, adjust trust-value expectations, signal deal financing movements, or reveal sponsor behavior. With no third-party earnings targets, customer claims, partnership announcements, or litigation details present in the snippet, analysts cannot assess voting bloc size, proxy contest risk, or conversion intent. Investors tracking LCCC should consult the complete SEC filing to locate exact position sizes, joint-action agreements, and any purpose statements that would materially affect shareholder votes or merger timelines.
What changed: A Form 8-K current report (Commission File No. 001-42623) containing Item 8.01 Other Events and Item 9.01 Financial Statements and Exhibits, accompanied by Exhibit 99.1, a press release titled 'Lakeshore Acquisition III Corp. Announces that Ordinary Shares and Rights to Commence Separate Trading on or about June 23, 2025.'. On June 18, 2025, Lakeshore Acquisition III Corp. announced via an attached press release that holders of its units may elect to separately trade the ordinary shares and rights commencing on or about June 23, 2025. The ordinary shares and rights will begin trading on the Nasdaq Global Market under the symbols LCCC and LCCCR, respectively, while units not separated will continue trading under the symbol LCCCU. According to the filing, Deyin (Bill) Chen serves as both Chief Executive Officer and Chief Financial Officer. The press release states the Cayman Islands-incorporated company intends to focus on identifying a prospective target business in North America, South America, Europe, or Asia, without being limited by a particular industry. The document contains no updates to a merger agreement, no announcement of a business combination, no extension filing, and no adjustment to redemption deadlines or trust distributions. Why it matters: Unit separation is a standard listing event that changes the liquidity mechanics of the SPAC's capital structure ahead of any definitive merger vote. While this announcement does not alter the September 1, 2026 liquidation deadline or trigger a new redemption window, it enables shareholders to trade the underlying equity or rights independently. This structural change can influence unit valuations, arbitrage positioning, and price discovery efficiency as investors monitor trust value preservation and sponsor execution risk prior to a potential business combination.
What changed: Form 10-Q (Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934) for the quarterly period ended March 31, 2025. This is the first quarterly report filed by Lakeshore Acquisition III Corp. since its incorporation on October 21, 2024. The report covers the period prior to and including its IPO, which closed on May 1, 2025 (a subsequent event). Key changes: The company consummated an IPO of 6,900,000 units at $10.00 per unit, generating gross proceeds of $69,000,000, and a private placement of 280,000 units to its sponsor for $2,800,000. $69,000,000 was placed in a trust account. The 225,000 founder shares previously subject to forfeiture were no longer subject to forfeiture due to full exercise of the over-allotment option. A $300,000 promissory note from the sponsor was repaid. Why it matters: This filing establishes the baseline financial structure of Lakeshore Acquisition III Corp. post-IPO. For investors tracking the SPAC lifecycle, it confirms: (1) the trust account holds $69,000,000 (at $10.00 per unit), (2) the company has a 15-month deadline from the effective date (April 29, 2025), making the deadline approximately July 29, 2026, (3) the sponsor has aligned incentives by purchasing private units and agreeing to vote in favor of a business combination and not redeem, (4) the company has $1,221,788 of working capital outside the trust, and (5) the company has not yet identified a target business or commenced any operations. There are no changes to the deal status (still DEAL_ANNOUNCED as no definitive agreement is disclosed).
What changed: A Joint Filing Agreement (Exhibit 99.1) executed under Rule 13d-1(k) of the Securities Exchange Act of 1934, dated May 7, 2025, by RedOne Investment Limited and its managing member, Deyin (Bill) Chen, serving as the procedural authorization for a combined Schedule 13D submission regarding beneficial ownership of Lakeshore Acquisition III Corp. The provided filing contains no amendments to redemption schedules, trust value calculations, extension provisions, deal progression, or sponsor conduct. The structured holder table that would normally disclose ownership percentages, block sizes, or price disclosures is explicitly marked as absent from the XML variant. As a purely administrative procedural document, it records zero changes to shareholder tender mechanics, liquidation waterfalls, or voting rights relevant to the company's liquidation timeline. The executing parties make no assertions regarding acquisition targets, merger financing, or conditions triggering redemption or conversion events. Why it matters: Joint filing agreements typically indicate coordinated reporting among affiliated investors, special purpose vehicles, or institutional desks accumulating stakes in a SPAC, which directly impacts how liquidations are priced and whether anchor shareholders participate in tender offers. For investors tracking whether major holders are approaching disclosure thresholds, altering the pro forma capitalization, or signaling confidence in the pending combination, the substantive Schedule 13D data—position size, acquisition intent, and lock-up terms—resides in the companion filing omitted from this extract. This exhibit alone does not shift redemption viability, trust distribution timing, or sponsor governance. The signatories attribute no factual claims regarding customer concentration, recurring revenue, total addressable market, technology IP, commercial partnerships, regulatory litigation, or executive personnel changes within this document. Analysts reviewing the complete Schedule 13D package and subsequent 8-K amendments will determine whether disclosed accumulation levels materially alter the redemption calculus.
What changed: Form 8-K Current Report filed by Lakeshore Acquisition III Corp. on May 7, 2025, documenting the consummation of its initial public offering and affiliated private placement on May 1, 2025, accompanied by audited financial statements and comprehensive disclosure notes. Per the registrant’s Item 8.01 disclosure, the Company closed its IPO of 6,900,000 public units at $10.00 per unit, yielding $69,000,000 in gross proceeds after fully exercising the 900,000-unit underwriter over-allotment option. Concurrently, sponsor RedOne Investment Limited bought 280,000 private units for $2,800,000. The filing details that $69,000,000 was placed in a U.S. trust account at Wilmington Trust, National Association, leaving $1,221,788 in corporate working capital cash. Management confirms the $300,000 sponsor promissory note was fully repaid on the closing date, while total offering costs reached $3,934,900, featuring a $2,415,000 deferred underwriting commission payable in ordinary shares at $10.00 per share upon combination. Each public unit includes a right converting to 1/6 of an ordinary share upon a business combination, and the trust documents establish a strict 15-month liquidation deadline from IPO consummation. Why it matters: According to Note 1 in the financial statements, the Company had not commenced operations or generated revenue as of May 1, 2025, meaning all early-stage expenditures must come from the disclosed $1,221,788 in external cash plus potential unsecured working capital loans. Management warns that the Inflation Reduction Act imposes a 1% federal excise tax on certain stock repurchases and redemptions occurring after December 31, 2022, which could materially reduce transaction cash availability once final Treasury guidance is issued. Strategically, the sponsor committed via letter agreement to vote private shares in favor of any business combination and waive conversion rights, reducing public shareholder dilution pressure during votes but concentrating control. Additionally, the binding administrative services agreement obligates monthly payments of up to $10,000 to the sponsor through business combination completion, creating a fixed pre-revenue cost burden that directly impacts runway against the 15-month expiration clock.
What changed: Joint Filing Agreement attached to a Schedule 13G Beneficial Ownership Report for shares of Lakeshore Acquisition III Corp. On May 5, 2025, seven Harraden Circle investment vehicles and Frederick V. Fortmiller, Jr., executed a joint filing agreement consenting to file a single Schedule 13G statement on their collective behalf pursuant to Rule 13d-1(k). The execution introduces no new share quantities, changes in voting percentages, or amendments to the SPAC’s trust account composition, redemption mechanics, or merger timeline. Why it matters: The signed agreement attributes consolidated disclosure responsibility to the Harraden Circle entities and Mr. Fortmiller, confirming that their reported equity stake will be tracked as a unified beneficial ownership group rather than as independent, fragmented positions. For investors tracking the upcoming business combination vote and potential extension considerations, this structural alignment signals coordinated voting and investment power, which can affect proxy solicitation dynamics, shareholder coalition behavior, and whether the group will collectively pursue redemptions or support sponsor-led proposals. The exhibit contains no factual claims regarding customer bases, revenue streams, market sizing, operational strategy, technology roadmaps, commercial partnerships, pending litigation, or executive compensation.
What changed: Form 8-K filed by Lakeshore Acquisition III Corp. reporting the closing of its initial public offering, including full exercise of the underwriters' over-allotment option, and the entry into standard SPAC formation agreements (underwriting, rights, letter, trust, registration rights, indemnity, private placement). The SPAC completed its IPO on May 1, 2025, selling 6,900,000 units at $10.00/unit for gross proceeds of $69,000,000, all deposited into trust. The sponsor purchased 280,000 private placement units for $2,800,000. The trust account now holds $69,000,000. The deadline to complete a business combination is 15 months from closing (initial deadline August 1, 2026, though the SPAC's stated deadline is 2026-09-01, implying a potential shareholder-approved extension). Founder shares (1,725,000 shares) were issued pre-IPO; no forfeiture occurred since the over-allotment was exercised in full. Lock-up periods for founder shares and private placement units were established. All standard SPAC governance documents were executed. Why it matters: This filing confirms the SPAC is now publicly traded with a known trust value (~$69M, implying ~$10.00/share before interest, with the current trust/share of $10.06 reflecting accrued interest). Investors can now track trust value, redemption mechanics, and sponsor conduct. The filing provides the baseline for evaluating any future deal announcement and the sponsor's behavior regarding extensions, redemptions, and deal terms.
What changed: Form 4 – Insider Ownership Report disclosing an open-market purchase of common stock. Per the Form 4 disclosure, Chen Deyin (identified in the filing as director, CEO, CFO, and 10% owner) executed an open-market purchase of 280,000 shares on 2025-05-01 at 05:00. The report records a post-transaction holding of 1,975,000 shares. The document does not state a per-share cost basis, though it references the prevailing trust value of $10.06 per share and a scheduled business combination deadline of 2026-09-01. Why it matters: Open-market accumulation by a controlling executive and principal holder during a deal-announced phase generally signals alignment with existing shareholders and may correlate with reduced redemption pressure ahead of the 2026-09-01 expiration window. Because the shares were acquired on the open market, the transaction does not withdraw funds from the trust account, alter extension voting requirements, or disclose any target-specific milestones. The filing contains no substantive claims regarding customer contracts, revenue streams, market sizing, proprietary technology, strategic partnerships, pending litigation, or executive compensation changes beyond the updated cap table position.
What changed: SEC Form 4 insider ownership report documenting an open-market share acquisition by a reporting person. According to the filing, on 2025-05-01 at 05:00, RedOne Investment Ltd executed an open-market purchase of 280,000 shares, resulting in a post-transaction holding of 1,975,000 shares. This transaction does not modify the stated trust/share value, alter the 2026-09-01 merger deadline, trigger extension mechanisms, or change deal structure. The submission contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Why it matters: For investors monitoring redemption deadlines, trust preservation, and sponsor conduct, the 10% owner’s open-market accumulation of 280,000 shares ahead of the 2026-09-01 closing window may reflect alignment between early equity holders and the target business, potentially signaling confidence in finalization timing and mitigating anticipated public shareholder redemption pressure. Because the purchase was transacted on the open market rather than through a private investment in public equity or sponsor lock-up adjustment, it does not impact per-share trust disbursement mechanics, warrant conversion ratios, or extension vote thresholds. Continued disclosure of insider open-market activity ahead of the redemption election period remains relevant for gauging sponsorship retention and expected net proceeds realization.
What changed: Final prospectus (424B4) for the initial public offering of Lakeshore Acquisition III Corp., a blank check company formed to acquire one or more businesses. Establishes the offering terms: 6,000,000 units at $10.00 per unit, each unit consisting of one ordinary share and one right (six rights convert to one ordinary share upon a business combination). Trust account of $60.0 million ($10.00 per public share). 15-month deadline from closing (approximately August 2026). Redemption rights upon business combination with a 20% holder limitation if shareholder approval is sought. Sponsor holds 1,725,000 founder shares (purchased for $25,000) and will purchase 266,500 private units at $10.00 each. Underwriters have a 45-day over-allotment option for up to 900,000 additional units. No business combination target has been identified. Why it matters: This filing sets the redemption mechanics, trust value, and timeline for investors to track. The trust holds $10.00 per public share; any future business combination proposal will trigger redemption rights. The 15-month deadline (and potential extensions with shareholder approval) is critical for the redemption calendar. The sponsor's nominal cost for founder shares ($0.014 per share) creates significant potential dilution and conflicts of interest. The rights structure (1/6 share per right) also affects future dilution.
What changed: A Form 3 insider ownership report classified as a routine compliance exhibit filed with the Securities and Exchange Commission by director Jon M. Montgomery disclosing a direct holding of 10,000 shares in Lakeshore Acquisition III Corp. The filing discloses no adjustments to redemption deadlines, trust distribution mechanics, extension provisions, announced business combination progress, or sponsor conduct. It serves exclusively as a static equity position update. Why it matters: Director Jon M. Montgomery reported a direct position of 10,000 shares. As a standard initial holdings report, the document does not specify acquisition dates, purchase prices, vesting conditions, or open-market transactions, nor does it address voting alignment with any pending merger approval. Tracking director share composition helps investors evaluate management conviction relative to potential redemptions and extension votes, but this single entry lacks execution context or lock-up references. Investors should await subsequent Forms 4, 8-Ks, or definitive proxy statements to determine how these 10,000 shares factor into deal financing, dilution calculations, or shareholder consent thresholds.
What changed: A routine SEC Form 8-A12B registration statement filed to register Ordinary Shares, Rights, and Units for listing on The Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934. Per the document executed by Chief Executive Officer Bill Chen on April 29, 2025, Lakeshore Acquisition III Corp. formally registered its ordinary shares ($0.0001 par value), rights, and units for Nasdaq trading. The filing incorporates by reference the security descriptions contained in Registration Statement No. 333-286395, initially filed with the SEC on April 4, 2025. It does not amend, restate, or introduce any changes to the September 1, 2026 redemption deadline, the $10.06 per-share trust value, or the DEAL_ANNOUNCED classification; those parameters originate from your tracker and prior corporate filings, neither of which appears in this submission. Why it matters: This administrative clearance confirms that LCCC’s public securities have satisfied Nasdaq’s 12(b) listing requirements following the April 2025 prospectus filing, preserving continuous tradability while the target combination remains pending. The filing contains zero operational, financial, or contractual disclosures: no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or senior personnel appear anywhere in the text. For investors monitoring redemption calendars, trust interest accrual, extension voting schedules, deal execution milestones, or sponsor conduct, this document signals standard regulatory housekeeping rather than a strategic pivot. Material updates would instead emerge in subsequent 8-K reports, shareholder proxy statements, or definitive business combination agreements.
What changed: SEC Form 3, Initial Statement of Beneficial Ownership of Securities. This routine compliance exhibit records that Director Sherman H. David holds 10,000 shares directly. The filing provides no transaction date, type, or quantity executed, indicating only an initial ownership declaration rather than a purchase, sale, or amendment. Accordingly, the $10.06 trust per share, the 2026-09-01 merger deadline, and the status of any announced transaction remain unchanged. Why it matters: As a statutory initial reporting obligation dated 2025-04-29 (accession [0001929980-25-000341]), it requires no redemption timing adjustments, triggers no extension considerations, and signals no deviation in sponsor conduct or deal execution strategy. The text contains zero assertions regarding customer concentration, revenue forecasts, market size, technology roadmaps, partnership agreements, litigation exposure, or additional personnel movements. Investors tracking LCCC should treat this as a baseline custody snapshot with no mechanical or strategic impact.
What changed: A routine compliance exhibit (SEC Form 3 initial statement of beneficial ownership). Per the filing, reporting person Brian Ferrier (director) holds 10,000 shares directly in Lakeshore Acquisition III Corp. This submission leaves the September 1, 2026 merger deadline untouched, makes no adjustments to the trust account valuation, introduces no extension triggers, alters no deal progression milestones, and changes no sponsor governance parameters. Why it matters: Board-level equity disclosures help investors model voting dynamics and insider capital alignment ahead of a de-SPAC combination vote, though 10,000 direct holdings by a single director neither affect public redemption mechanics nor signal active target diligence or financing closings. According to the submission, the document contains no forward-looking statements, customer contract acknowledgments, revenue or market-size estimates, technology roadmap details, partnership announcements, litigation filings, or executive personnel actions.
What changed: A routine compliance exhibit: Securities and Exchange Commission Form 3 insider ownership report. According to the April 29, 2025 filing, Chen Deyin (identified as director, CEO and CFO, 10% owner) reports an indirect holding of 1,695,000 shares. The document does not disclose a transaction date, acquisition, disposition, or derivative adjustment, nor does it amend the September 1, 2026 redemption deadline or the $10.06 per share trust value noted in the transaction summary. Why it matters: For investors tracking redemption calendars, trust mechanics, extension timelines, and sponsor conduct, this submission confirms executive share retention without altering the established 2026-09-01 deadline or signaling new redemption pressure or funding adjustments. Attributed entirely to the SEC filing, it contains no substantive claims regarding customer relationships, revenue streams, addressable market size, operational strategy, proprietary technology, strategic partnerships, pending litigation, or organizational personnel changes beyond Chen Deyin’s reported titles and 10% ownership label. While it introduces no new mechanical variables, it documents insider positioning at 1,695,000 indirect shares as Lakeshore Acquisition III Corp. advances through its post-announcement phase toward the 2026 deadline.
What changed: Form 3 — insider ownership report for Lakeshore Acquisition III Corp., filed on 2025-04-29, wherein RedOne Investment Ltd discloses direct beneficial ownership of 1,695,000 shares as a stated 10% owner. The filing registers no adjustments to the $10.06 per-share trust valuation, the September 1, 2026 merger deadline, or any pending business-combination timeline. It exclusively confirms the current direct position of 1,695,000 shares held by RedOne Investment Ltd. No sponsor transactions, extension proposals, redemptions, or deal-closing actions are documented. Why it matters: For investors monitoring redemption deadlines, trust liquidity, and sponsor behavior, this snapshot verifies that a recognized 10% affiliate retains 1,695,000 shares without subsequent disposals that might otherwise stress the $10.06 trust floor or shift voting power prior to the September 1, 2026 cutoff. The document makes zero claims about customers, revenue streams, market size, corporate strategy, proprietary technology, commercial partnerships, ongoing litigation, or executive appointments attributable to company leadership. While it provides routine capitalization clarity rather than strategic direction, it anchors the recorded shareholding for regulatory oversight without independently altering the redemption calendar or extension parameters.
What changed: This filing is a Securities and Exchange Commission CORRESP (correspondence) letter submitted by underwriter representative A.G.P./Alliance Global Partners requesting acceleration of the effective date for the Company’s Registration Statement on Form S-1. The letter, dated April 25, 2025, requests that the Registration Statement become effective on April 29, 2025 at 4:30 p.m., Eastern time, after distributing copies and E-red versions of the Preliminary Prospectus dated April 23, 2025. It reports no adjustments to the existing redemption calendar, trust value, extension provisions, or sponsor conduct. Why it matters: The acceleration sets a near-term timing target for the offering’s pricing or closing but introduces no new claims regarding target customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. All distribution and Rule 15c2-8 compliance assertions are attributed solely to Managing Director Thomas J. Higgins acting on behalf of the underwriters. Because the text contains only procedural timing requests, standard capital markets logistics, and the filing identifier File No. 333-286395, it carries routine administrative weight without altering fundamental shareholder redemption mechanics or transaction valuation assumptions.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.