Clear Street Group Inc. Has $1.61 Million Stake in Lakeshore Acquisition III Corp. $LCCC

Clear Street Group Inc. trimmed its holdings in Lakeshore Acquisition III Corp. (NASDAQ:LCCC) by 29.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 157,637 shares of the company’s stock after selling 66,100 shares during the period. Clear Street Group Inc.’s holdings in Lakeshore Acquisition III were worth $1,606,000 at the end of the most recent quarter.

Separately, Berkley W R Corp lifted its position in shares of Lakeshore Acquisition III by 17.0% in the fourth quarter. Berkley W R Corp now owns 205,374 shares of the company’s stock valued at $2,093,000 after buying an additional 29,814 shares during the last quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lakeshore Acquisition III in a research report on Friday, May 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Lakeshore Acquisition III Stock Performance

Shares of NASDAQ LCCC opened at $10.40 on Monday. Lakeshore Acquisition III Corp. has a 1-year low of $10.00 and a 1-year high of $10.45. The business’s 50 day moving average price is $10.37.

Lakeshore Acquisition III (NASDAQ:LCCC) last announced its earnings results on Thursday, April 23rd. The company reported $0.08 earnings per share for the quarter.

About Lakeshore Acquisition III

Lakeshore Acquisition III (NASDAQ: LCCC) is a special purpose acquisition company (SPAC) listed on the Nasdaq stock exchange. As a blank‑check company, its primary business activity is to raise capital through an initial public offering and hold those proceeds in a trust while seeking a business combination, merger, asset acquisition or similar transaction that would bring a private operating company public through a reverse merger or other form of combination.

Prior to identifying and completing a qualifying business combination, Lakeshore Acquisition III does not operate traditional commercial businesses or offer products or services; instead, its operations are focused on target evaluation, due diligence, structuring potential transactions and managing the trust account and public‑company obligations.