CPRO, a Leader in the Physical AI Security Industry, to be Publicly Listed on a U.S. National Securities Exchange Through Business Combination with Lakeshore Acquisition III Corp.

Lakeshore Acquisition III Corp. (LCCC) has entered into a definitive business combination agreement with CPRO Electronics Holding Limited, a physical AI security company based in South Korea. The transaction values CPRO at an implied pro-forma enterprise value of approximately $326 million, with CPRO shareholders receiving merger consideration valued at $185 million. Upon closing, expected in the fourth quarter of 2026, the combined entity will operate as CPRO Holding Limited and trade on a U.S.

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