$LCCCU

Lakeshore Acquisition III Corp.

CIK:0002049248|SEC Filings

Unaudited Condensed Consolidated Statements of Income - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Unaudited Condensed Consolidated Statements of Income
Formation, general and administrative expenses	$ 287,368	$ 250,844	$ 396,012	$ 285,532
Loss From Operations	(287,368)	(250,844)	(396,012)	(285,532)
Other income
Interest income on marketable securities held in Trust Account	626,475	467,311	1,244,964	467,311
Net Income	$ 339,107	$ 216,467	$ 848,952	$ 181,779
Basic and diluted weighted average shares outstanding
Redeemable ordinary shares-basic and diluted	6,900,000	4,625,275	6,900,000	2,325,414
Non-redeemable ordinary shares-basic and diluted (1)	2,005,000	1,838,516	2,005,000	1,670,193
Basic and diluted net income (loss) per share
Redeemable ordinary shares-basic and diluted	$ 0.06	$ 0.06	$ 0.14	$ 0.13
Non-redeemable ordinary shares-basic and diluted	$ (0.03)	$ (0.04)	$ (0.04)	$ (0.07)

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities
Net income	$ 848,952	$ 181,779
Adjustments to reconcile net income to net cash used in operating activities:
Interest income earned in trust account	(1,244,964)	(467,311)
Changes in operating assets and liabilities:
Increase in prepaid expenses	(33,500)	(42,500)
Increase (Decrease) in accrued expenses	(75,000)	75,000
Net cash used in operating activities	(504,512)	(253,032)
Cash flows from investing activities
Cash deposited in trust account	0	(69,000,000)
Net cash used in investing activities	0	(69,000,000)
Cash flows from financing activities
Proceeds from issuance of public units	0	69,000,000
Proceeds from issuance of private units	0	2,800,000
Payment of underwriting fee	0	(1,035,000)
Payment of offering costs	0	(289,900)
Repayment of the principal of promissory note to related party	0	(300,000)
Net cash provided by financing activities	0	70,175,100
Net change in cash	(504,512)	922,068
Cash at beginning of period	756,592	100,876
Cash at end of period	252,080	1,022,944
Non-cash financing activities
Deferred underwriting commission charged to additional paid in capital	0	2,415,000
Initial value of public shares subject to possible redemption	0	66,992,100
Allocation of offering cost related to public shares subject to possible redemption	0	(3,820,394)
Increases of carrying value of redeemable public shares	$ 1,244,964	$ 6,295,605

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets
Cash	$ 252,080	$ 756,592
Prepaid expenses	42,500	9,000
Total Current Assets	294,580	765,592
Marketable securities held in Trust Account	72,102,981	70,858,017
Total Assets	72,397,561	71,623,609
Current Liabilities
Accrued expenses and other current liabilities	0	75,000
Total Current Liabilities	0	75,000
Deferred underwriting fee payable	2,415,000	2,415,000
Total Liabilities	2,415,000	2,490,000
Commitments and Contingencies (Note 6)
Ordinary shares subject to possible redemption: 6,900,000 shares at redemption value of approximately $10.45 per share at June 30, 2026 and $10.27 per share at December 31, 2025	72,102,981	70,858,017
Shareholders' Deficit
Ordinary shares, $0.0001 par value, 500,000,000 shares authorized, 2,005,000 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively(1)	201	201
Accumulated deficit	(2,120,621)	(1,724,609)
Total Shareholders' Deficit	(2,120,420)	(1,724,408)
Total Liabilities and Shareholders' Deficit	$ 72,397,561	$ 71,623,609