Lakeshore Acquisition III Corp. LCCC
Lakeshore Acquisition III Corp. ("we", "us", "our" and the "Company") is a blank check company incorporated in the Cayman Islands as an exempted company on October 21, 2024, incorporated for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this Annual Report as our initial business combination." Our efforts to identify a prospective target business will not be limited to a particular industry, while we intend to focus on identifying a prospective target business in North America, South America, Europe, or Asia.
On May 1, 2025, the Company consummated the initial public offering ("IPO") of 6,900,000 units (the "Units"), which includes full exercise of the underwriter's over-allotment option. Each Unit consists of one ordinary share of the Company, par value $0.0001 per share (the "Ordinary Shares") and one right that entitles the holder thereof to receive one-sixth (1/6) of one Ordinary Share upon consummation of the Company's initial business combination ("Right"). The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $69,000,000.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| SG&A | $600.4K | — |
| Operating income | -$600.4K | — |
| Interest expense | $1.9M | — |
| Net income | $1.3M | — |
| EPS, basic | -0.09 | — |
| EPS, diluted | 0.31 | — |
| Shares, diluted (wtd. avg.) | 4.6M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Cash and equivalents | $756.6K | $0 |
| Total current assets | $765.6K | $310.9K |
| Total assets | $71.6M | $310.9K |
| Total current liabilities | $75.0K | $300.0K |
| Total liabilities | $2.5M | $300.0K |
| Retained earnings | -$1.7M | -$14.1K |
| Total equity | -$1.7M | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Operating cash flow | -$519.4K | — |
| Investing cash flow | $70.2M | — |
| Financing cash flow | -$69.0M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001929980-26-000034.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2024 | FY2025 |
|---|---|---|
| Revenue | — | — |
| Gross profit | — | — |
| Net income | — | $1.3M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event Item 8.01
- Material agreement signed Item 1.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Other event Item 8.01
- Other event Item 8.01
- Material agreement signed Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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