Note: This is the second blank-check company under the Lakeshore Acquisition name organized and led by Deyin (Bill) Chen, the founder and CEO of Shanghai Renaissance Investment Management Co. Ltd., a licensed private equity firm in China. Mr. Chen has served as the CEO of Lakeshore Acquisition II Corp. since Feb. 24, 2021, and he will serve as its chairman after the IPO. (Lakeshore Acquisition II Corp. is incorporated in the Cayman Islands.)

From the prospectus: “We will not effectuate an initial Business Combination with a company that is headquartered in the People’s Republic of China (“China”), the Hong Kong Special Administrative Region of China (“Hong Kong”) or the Macau Special Administrative Region of China (“Macau”) or conducts a majority of its operations in China, Hong Kong or Macau.

“We will seek to capitalize on the significant contacts and experience of our management team, including Bill Chen, our Chairman, Chief Executive Officer and Chief Financial Officer, and H. David Sherman, Mingyu (Michael) Li and Jon M. Montgomery, each a member of our board of directors.”

(Note: Lakeshore Acquisition II Corp. priced its SPAC IPO on March 8, 2022, in sync with the terms in its prospectus: 6 million units at $10 each to raise $60 million. The Lakeshore II SPAC had filed a confidential IPO document with the SEC in mid-July 2021, less than a month after Lakeshore Acquisition I Corp.’s SPAC IPO was priced; the S-1 was filed in late January 2022 and the S-1/A was filed on Feb. 22, 2022.)