Lakeshore Acquisition III Corp. (LCCC) Form 8-K — May 26, 2026
Lakeshore Acquisition III Corp. (LCCC) announced on May 22, 2026, that it has entered into a merger agreement to acquire CPRO Electronics Holding Limited, a manufacturer of optical products for the teleconference, surveillance, and security industries. The transaction values CPRO at a base purchase price of $185 million, payable entirely in newly issued shares of the surviving entity valued at $10.00 per share. The purchase price is subject to a downward adjustment if CPRO’s indebtedness exceeds $26 million at closing.
Key figures
- Deal Value Usd
- 185000000
- Offering Price
- 10
- Indebtedness threshold
- 26000000
- Parent rights conversion
- 1/6 share
- Founder shares repurchase max
- 200000
- Founder shares repurchase price
- 10
Price after filing
Close on the filing date to close N calendar days later (from $10.38). Historical, not a forecast.
AI analysis
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