Lakeshore Acquisition II Corp. Announces Effectiveness of Registration Statement and Date for General Meeting to Approve Proposed Business Combination with Nature’s Miracle
03 February 2024 - 1:10AM
Lakeshore Acquisition II Corp. (NASDAQ: LBBB) (“Lakeshore”), a
publicly traded special purpose acquisition company, today
announced that the registration statement on Form S-4 (the
“Registration Statement”) in connection with its previously
announced proposed business combination (the “Business
Combination”) with Nature’s Miracle, Inc. (“Nature’s Miracle”), a
leader in the controlled environment agriculture industry, has been
declared effective by the U.S. Securities and Exchange Commission
(“SEC”). The Registration Statement provides important information
about Lakeshore, Nature’s Miracle and the Business Combination.
Lakeshore also announces that its extraordinary
general meeting (the “Meeting”) to consider and vote upon the
Business Combination and related matters has been set for February
15, 2024 at 10:00 a.m. ET. Shareholders of record as of January 10,
2024 (the “Record Date”) are eligible to attend and vote at the
Meeting which will be accessible by visiting
https://www.cstproxy.com/lakeshoreacquisitionii/2024.
The closing of the Business Combination is
subject to approval by Lakeshore’ shareholders, and the
satisfaction of other customary closing conditions.
To register and receive access to the Meeting,
registered shareholders and beneficial shareholders (those holding
shares through a brokerage account or by a bank or other holder of
record) will need to follow the instructions applicable to them
provided in the proxy statement included in the Registration
Statement.
About Lakeshore Acquisition II Corp.
Lakeshore Acquisition II Corp. is a blank check
company, also commonly referred to as a special purpose acquisition
company, or SPAC, formed for the purpose of effecting a merger,
share exchange, asset acquisition, share purchase, reorganization
or similar business combination with one or more businesses or
entities.
About Nature’s Miracle Inc.
Nature’s Miracle (www.Nature-Miracle.com) is a
growing agriculture technology company providing services to
growers in the Controlled Environment Agriculture (“CEA”) industry
which also include vertical farming in North America. Nature’s
Miracle offers hardware to design, build and operate various indoor
growing settings including greenhouse and indoor-growing spaces.
Nature’s Miracle, through its two wholly-owned subsidiaries
(Visiontech Group, Inc. and Hydroman, Inc.), provides grow lights
as well as other hydroponic products to hundreds of indoor growers
in North America. Nature’s Miracle has also developed a robust
pipeline to build commercial-scale greenhouse in the U.S. and
Canada to meet the growing needs of fresh and local vegetable
products. Nature’s Miracle has established its first manufacturing
footprint in North America with its grow-light assembly plant in
Manitoba, Canada and is expected to set up additional
manufacturing/assembly facilities in North America.
Nature’s Miracle Inc. and Lakeshore Acquisition II
Corp. previously announced that they entered into a definitive
business combination agreement (the “Merger Agreement”). Upon
closing, the combined company is expected to change its name to
Nature’s Miracle Holding Inc. and its common stock is expected to
be traded on the Nasdaq Global Market.
Important Information and Where to Find
It
This press release includes information about a
proposed business combination between Lakeshore and Nature’s
Miracle. Lakeshore’s subsidiary has filed a Registration Statement
on Form S-4 relating to the business combination. A
definitive proxy statement will be mailed to Lakeshore’s
shareholders as of the record date for voting at the shareholders’
meeting relating to the proposed transactions. This press release
does not contain all the information that should be considered
concerning the proposed business combination and is not intended to
form the basis of any investment decision or any other decision in
respect of the proposed business combination. Lakeshore’s
shareholders and other interested persons are advised to read, the
Registration Statement on Form S-4 and definitive proxy statement
and other documents filed in connection with the proposed business
combination, as these materials will contain important information
about Nature’s Miracle, Lakeshore and the proposed business
combination. The Registration Statement on Form S-4 and the
definitive proxy statement and other documents filed with the SEC,
may be obtained without charge at the SEC’s website at www.sec.gov,
or by directing a written request to Lakeshore, 667 Madison Avenue,
New York, NY 10065.
Participants in the Solicitation
Lakeshore, certain shareholders of Lakeshore, and
their respective directors and executive officers may be deemed
participants in the solicitation of proxies from Lakeshore’s
shareholders with respect to the proposed business combination. A
list of the names of Lakeshore’s directors and executive officers
and a description of their interests in Lakeshore is contained in
Lakeshore’s Registration Statement on Form S-4, which was filed
with the SEC and is available free of charge at the SEC’s web site
at www.sec.gov, or by directing a written request to Lakeshore, 667
Madison Avenue, New York, NY 10065. Additional information
regarding the interests of such participants are contained in the
Registration Statement on Form S-4 and proxy statement for the
proposed business combination.
Nature’s Miracle and its directors and executive
officers may also be deemed to be participants in the solicitation
of proxies from the shareholders of Lakeshore in connection with
the proposed business combination. A list of the names of such
directors and executive officers and information regarding their
interests in the proposed business combination are included in the
proxy statement for the proposed business combination.
Forward-Looking Statements
This press release contains forward-looking
statements, which are based on estimates, assumptions, and
expectations. Actual results and performance could differ
materially and adversely from those expressed or implied in
forward-looking statements. You should carefully consider the
foregoing and the other risks and uncertainties described in the
“Risk Factors” section of proxy statement, and other documents
filed by Lakeshore from time to time with the SEC. These filings
identify and address other important risks and uncertainties that
could cause actual events and results to differ materially from
those contained in the forward-looking statements. Forward-looking
statements speak only as of the date on which they are made, and
neither Nature’s Miracle nor Lakeshore assume any obligation to
update or revise any forward-looking statements or other
information contained herein, whether as a result of new
information, future events or otherwise. Neither Lakeshore nor
Nature’s Miracle gives any assurance that either Lakeshore or
Nature’s Miracle, or the combined company, will achieve its
expectations.
Non-solicitation
This press release is not a proxy statement or
solicitation of a proxy, consent or authorization with respect to
any securities or in respect of the potential business combination
or any other matter and shall not constitute an offer to sell or a
solicitation of an offer to buy the securities of Lakeshore,
Nature’s Miracle or the combined company, nor shall there be any
sale of any such securities in any state or jurisdiction in which
such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of such
state or jurisdiction. No offer of securities shall be made except
by means of a prospectus meeting the requirements of the Securities
Act of 1933, as amended.
Contacts:
Lakeshore Acquisition II Corp.Bill ChenChief
Executive OfficerLakeshore Acquisition II Corp.+1(917) 327 -
9933bchen65@126.com
Nature’s Miracle, Inc.
info@nature-miracle.com
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