Lakeshore Acquisition III Corp 2026年季度报告

FORM 10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedJune 30, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _______ Commission File Number:001-42623 Lakeshore Acquisition III Corp.(Exact name of registrant as specified in its charter) Cayman IslandsN/A(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.) 667 Madison Avenue, New York, NY, 10065(Address of Principal Executive Offices, including zip code) (917) 327-9933(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the registrant was required to submit such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filerSmaller reporting companyEmerging growth company Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No As ofAugust 5, 2026 there were 3,822,787 ordinary shares, par value $0.0001, issued and outstanding. TABLE OF CONTENTS PARTI. FINANCIAL INFORMATION3Item1.Condensed Consolidated Financial Statements3Unaudited Condensed Consolidated Balance Sheet as of June 30, 2026 and Balance Sheet as of December31, 20253Unaudited Condensed Consolidated Statements ofIncome for the threeand six months ended June 30, 2026and June 30, 20254Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Deficit for the threeand sixmonths ended June 30, 2026 and June 30, 20255Unaudited Condensed Consolidated Statements of Cash Flows for the sixmonths ended June 30, 2026 andJune 30, 20256Notesto Unaudited Condensed Consolidated Financial Statements7Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item3.Quantitative and Qualitative Disclosures About Market Risk25Item4.Controls and Procedures25PARTII. OTHER INFORMATIONItem1.Legal Proceedings26Item1A.Risk Factors26Item2.Unregistered Sales of Equity Securities and Use of Proceeds26Item3.Defaults Upon Senior Securities26Item4.Mine Safety Disclosures26Item5.Other Information26Item6.Exhibits27SIGNATURES28 PARTI– FINANCIAL INFORMATION LAKESHORE ACQUISITION III CORP.Condensed Consolidated Balance Sheets 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, 202572,102,98170,858,017 Shareholders’ DeficitOrdinary shares, $0.0001 par value, 500,000,000 shares authorized, 2,005,000 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively(1)201201Accumulated deficit(2,120,621)(1,724,609)Total Shareholders’ Deficit(2,120,420)(1,724,408)Total Liabilities and Shareholders’ Deficit$ 72,397,561$ 71,623,609 (1)The number of non-redeemable ordinary shares outstanding excludes an aggregate of 225,000 ordinary shares that are subject toforfeiture if the over-allotmentoption is not exercised for the period from October 21, 2024 through April 30, 2025. Inconnection with the closing of the initial public offering and the underwriters’ full exercise of over-allotment option on May 1,2025, the 225,000 shares were no longer subject to forfeiture. The accompanying notes are an integral part of the unaudited condensed consolidated financial statements. LAKESHORE ACQUISITION III CORP.Unaudited Condensed Consolidated Statements of Income (1)The number of non-redeemable ordinary shares outstanding excludes an aggregate of 225,000 ordinary shares that are subject toforfeiture if the over-allotmentoption is not exercised for the period from October 21, 2