GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Lakeshore Acquisition III Corp. (NASDAQ:LCCCU – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 113,900 shares of the company’s stock, valued at approximately $1,162,000.
Separately, Crossingbridge Advisors LLC bought a new stake in Lakeshore Acquisition III during the second quarter valued at approximately $2,006,000.
Lakeshore Acquisition III Price Performance
LCCCU stock opened at $10.35 on Friday. Lakeshore Acquisition III Corp. has a one year low of $10.02 and a one year high of $10.75. The firm has a 50 day simple moving average of $10.35 and a two-hundred day simple moving average of $10.26.
About Lakeshore Acquisition III
Lakeshore Acquisition III Corp. is a blank check company incorporated in the Cayman Islands as an exempted company on October 21, 2024, incorporated for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination.” To date, our efforts have been limited to organizational activities as well as activities related to “this offering.
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