Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. N/A)*
Lakeshore Acquisition I Corp.
(Name of Issuer)
Ordinary Shares, $0.0001 par value per share
(Title of Class of Securities)
G53521 103 (CUSIP Number)
December 31, 2021
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. G53521 103 |
| 1. |
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
REDONE INVESTMENT LIMITED |
| 2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ¨ (b) ¨ |
| 3. |
SEC USE ONLY
|
| 4. |
CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands |
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. |
SOLE VOTING POWER
|
| 6. |
SHARED VOTING POWER
664,378(1) | |
| 7. |
SOLE DISPOSITIVE POWER
0 | |
| 8. |
SHARED DISPOSITIVE POWER
664,378(1) |
| 9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
664,378 (1) |
| 10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
x(2) |
| 11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.36%(3) |
| 12. |
TYPE OF REPORTING PERSON (see instructions)
OO |
| (1) | Redone Investment Limited is the record holder of the ordinary shares reported herein. Deyin Chen is the managing member of Redone Investment Limited. Accordingly, Deyin Chen may be deemed to have or share beneficial ownership of the ordinary shares held directly by Redone Investment Limited. |
| (2) | Excludes 91,282 ordinary shares of the Issuer which may be issued upon the exercise of warrants held by Redone Investment Limited that are not presently exercisable. |
| (3) | The percentage set forth in Row 11 of this Cover Page is based on 7,095,425 ordinary shares of the Issuer outstanding as of November 15, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2021, filed with the Securities and Exchange Commission on November 15, 2021. |
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| CUSIP No. G53521 103 |
| 1. |
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Deyin Chen |
| 2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ¨ (b) ¨ |
| 3. |
SEC USE ONLY
|
| 4. |
CITIZENSHIP OR PLACE OF ORGANIZATION
Canada |
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. |
SOLE VOTING POWER
0 |
| 6. |
SHARED VOTING POWER
664,378(1) | |
| 7. |
SOLE DISPOSITIVE POWER
0 | |
| 8. |
SHARED DISPOSITIVE POWER
664,378(1) |
| 9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
664,378 (1) |
| 10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
x(2) |
| 11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.36%(3) |
| 12. |
TYPE OF REPORTING PERSON (see instructions)
IN |
| (1) | Redone Investment Limited is the record holder of the ordinary shares reported herein. Deyin Chen is the managing member of Redone Investment Limited. Accordingly, Deyin Chen may be deemed to have or share beneficial ownership of the ordinary shares held directly by Redone Investment Limited. |
| (2) | Excludes 91,282 ordinary shares of the Issuer which may be issued upon the exercise of warrants held by Redone Investment Limited that are not presently exercisable. |
| (3) | The percentage set forth in Row 11 of this Cover Page is based on 7,095,425 ordinary shares of the Issuer outstanding as of November 15, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2021, filed with the Securities and Exchange Commission on November 15, 2021. |
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| CUSIP No. G53521 103 |
Item 1.
| (a) |
Name of Issuer Lakeshore Acquisition I Corp., a Cayman Islands exempted company | |
| (b) |
Address of Issuer’s Principal Executive Offices Suite A-2F, 555 Shihui Road, Songjiang District, Shanghai, China |
Item 2.
This Schedule 13G is being jointly filed, pursuant to a Joint Filing Agreement attached hereto as Exhibit 99.1, by the following entities and persons, all of whom are together referred to herein as the “Reporting Persons”:
| (a) |
Name of Person Filing: (i) Redone Investment Limited (ii) Deyin Chen | |
|
Redone Investment Limited is the record holder of the ordinary shares reported herein. Deyin Chen is the managing member of Redone Investment Limited. Accordingly, Deyin Chen may be deemed to have or share beneficial ownership of the ordinary shares held directly by Redone Investment Limited.
Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of the information furnished by another Reporting Person. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended, the Reporting Persons expr essly declare that the filing of this statement shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Act or otherwise, the beneficial owner of any securities covered by this schedule held by any other person and such beneficial ownership is expressly disclaimed. | ||
| (b) |
Address of the Principal Office or, if none, residence c/o Lakeshore Acquisition I Corp. Suite A-2F, 555 Shihui Road, Songjiang District, Shanghai, China | |
| (c) |
Citizenship (i) Redone Investment Limited – British Virgin Islands (ii) Deyin Chen – Canada | |
| (d) |
Title of Class of Securities Ordinary Shares, par value $0.0001 | |
| (e) |
CUSIP Number G53521 103 |
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
N/A
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CUSIP No. G53521 103
Item 4. Ownership.
The information required by Items 4(a) - (c) is set forth in Rows (5) – (11) of the cover page for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
N/A
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CUSIP No. G53521 103
EXHIBIT INDEX
| Exhibit Number |
Description | |
| 99.1 | Joint Filing Agreement among the Reporting Persons regarding filing of Schedule 13G, dated February 14, 2022. | |
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CUSIP No. G53521 103
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 14, 2022
| REDONE INVESTMENT LIMITED | ||
| By: | /s/ Deyin Chen | |
| Deyin Chen , Managing Member | ||
| DEYIN CHEN | ||
| By: | /s/ Deyin Chen | |
| Deyin Chen | ||
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