Lakeshore Acquisition II Announced Merger Partner Nature's Miracle Enters Into An MOU With PowerGrow To Further The Agricultural Revolution With A Sustainable Ecosystem Of Food And Energy Infrastructure
Portfolio Pulse from Charles Gross
Nature's Miracle Holdings Inc. has entered into a non-binding Memorandum of Understanding with PowerGrow Inc. to develop a nationwide portfolio of clean energy enclosed greenhouses. This follows a definitive business combination agreement between Nature's Miracle Inc. and Lakeshore Acquisition II Corp. (NASDAQ:LBBB). Post-merger, the combined company is expected to be named Nature's Miracle Holding Inc. and its common stock is expected to be traded on the Nasdaq Global Market.
September 28, 2023 | 10:09 am
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Lakeshore Acquisition II Corp. (NASDAQ:LBBB) has entered into a merger with Nature's Miracle. The combined company, expected to be named Nature's Miracle Holding Inc., will trade on the Nasdaq Global Market.
The merger with Nature's Miracle and the subsequent development of a nationwide portfolio of clean energy enclosed greenhouses could potentially increase the value of Lakeshore Acquisition II Corp. (NASDAQ:LBBB) in the short term. The news is highly relevant as it directly involves the company and is important for investors as it could impact the company's stock price.
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