Lakeshore Acquisition III has extended its deadline to complete a business combination by one month, to Dec. 1, 2026. The extension follows a $67,500 payment from CPRO Electronics Co. Ltd., its merger partner, into the SPAC’s trust account.
The extension does not itself complete the proposed transaction between Lakeshore and CPRO Korea.
- CPRO Korea made the fourth extension payment on Oct. 28 under a merger agreement dated May 22, 2026.
- Lakeshore’s deadline moved from Nov. 1 to Dec. 1, 2026.
- The payment gives the parties additional time to complete a business combination; the announcement did not provide an updated closing date or other changes to the transaction terms.