Lakeshore Acquisition II Faces Major Share Redemptions

Lakeshore Acquisition II Corporation (LBBB) has released an update.

The Company has experienced significant shareholder redemptions, with 1,246,563 ordinary shares being redeemed around the time of the Meeting. This activity has left just over 100,000 public ordinary shares still in circulation and has resulted in the Company’s trust account retaining approximately $1.12 million.

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