Lakeshore Acquisition III Corp（LCCC）资讯与事件LCCCLakeshore Acquisition III Corp

CPRO and Lakeshore Enter into Merger Agreement

CPRO Electronics Holding and Lakeshore Acquisition III Corp. announced that they have entered into a definitive business combination agreement. Upon closing, the combined company is expected to operate under the name "CPRO Holding Limited" and its ordinary shares are expected to be traded on a U.S. national securities exchange. Pursuant to the Merger Agreement, CPRO will merge with LCCC Merger Sub Inc., a BVI company and a wholly-owned subsidiary of Lakeshore, with CPRO surviving and Lakeshore acquiring 100% of the equity securities of CPRO. In exchange for their equity securities, the shareholders of CPRO will receive an aggregate number of ordinary shares of the combined company with an aggregate value equal to: $185M, minus any closing adjustment based on Indebtedness. The Merger has been approved by the boards of directors of each of Lakeshore and CPRO. The Merger will require the approval of the shareholders of Lakeshore and CPRO and is subject to other customary closing conditions, including a registration statement on Form F-4 being declared effective by the SEC. The transaction is expected to close in the Q4. Loeb & Loeb is acting as legal advisor to Lakeshore. Hunter Taubman Fischer & Li LLC is acting as legal advisor to CPRO. Promotive Capital is acting as M&A advisor to Lakeshore. Maxim Group, AGBA & SME, and Year Champion Limited are acting as M&A advisors to CPRO.