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Seoul-based CPRO to go public via SPAC merger with Lakeshore

May 26, 2026SSN Staff

SEOUL—CPRO Electronics Holding Limited (CPRO), a provider of artificial intelligence (AI)-driven video and analytics technology, plans to go public on a U.S. exchange through a business combination with special purpose acquisition company (SPAC) Lakeshore Acquisition III Corp., the companies announced. The transaction values the combined company at an implied pro forma enterprise value of approximately $326 million, assuming no redemptions. The deal is expected to close in the fourth...

Artificial Intelligence (AI), Bill Chen, CPRO Electronics Holding Limited (CPRO), Lakeshore Acquisition III Corp., special purpose acquisition company (SPAC), Young-Soo Lee