Chen Deyin's Form 4/A amendment
AmendedLakeshore Acquisition I Corp. · filed Jul 19, 2021
- Accession no.
- 0001104659-21-093206
- Filed
- Jul 19, 2021
- Trade date
- Jun 28, 2021
- Filing delay
- 21 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Jul 9, 2021
This filing lists 2 non-derivative transactions and 1 derivative transaction. It was filed 21 days after the trade.
This filing was later replaced by the amendment 0001104659-21-096526 (Jul 27, 2021). Trade tables on this site use the amended version.
This amendment replaces 0001104659-21-090464 (filed Jul 9, 2021).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Chen DeyinCIK 0001495895 | Director, Officer (Chief Executive Officer), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 28, 2021 | Ordinary Shares, par value $0.0001 | JOtherDisposed | −43,517 | $0.00 | $0 | 916,948 | Indirect | |
| Jun 28, 2021 | Ordinary Shares, par value $0.0001 | PPurchaseAcquired | +5,430 | –F4 | – | 922,378 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 28, 2021 | Ordinary Shares, par value $0.0001 | PPurchaseAcquired | +4,073 | –F4 | – | 91,282 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Includes founder shares issued in connection with the initial public offering (the "IPO") of Lakeshore Acquisition I Corp. (the "Company").
- F2
Simultaneously with the consummation of the Company's IPO, RedOne Investment Limited (the "Sponsor") acquired 116,279 units in a private placement (the "Private Units"). Each Private Unit consists of one ordinary share of the Company, par value $0.0001, and three-quarters of one warrant to purchase one ordinary share at an exercise price of $11.50 per share (the "Warrants"). The Private Units were purchased for $10.00 per unit.
- F3
As contemplated in connection with the Company's IPO, 43,517 founder shares were returned by the Sponsor to the Company for no consideration and cancelled because the underwriters' over-allotment option was partially exercised and the remaining portion of the option would not be exercised by the underwriters.
- F4
In connection with the exercise of the underwriters' over-allotment option, the Sponsor purchased an additional 5,430 Private Units as contemplated under the purchase agreement for the Private Units. The additional Private Units were purchased for $10.00 per unit.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F5
The Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
- F6
The Warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.
- F7
Held by RedOne Investment Limited. Mr. Chen is the managing member of RedOne Investment Limited and has voting and investment discretion with respect to the Ordinary Shares held of record by RedOne Investment Limited. Mr. Chen disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.