v3.22.1

(Unaudited) Condensed Statements of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flow from operating activities
Net loss	$ (145,304)	$ (4,013)
Adjustments to reconcile net loss to net cash used in operating activities:
Interest income earned in trust account	(5,505)	0
Change in operating assets and liabilities:
Change in prepaid expenses	38,225	0
Change in accrued expense and other current liabilities	8,038	4,033
Net cash provided - (used) by operating activities	(104,546)	20
Cash flow from financing activities
Proceeds from note payable to a related party		450,000
Proceeds from advance for private units to be issued		100,000
Proceeds from issuance of ordinary shares		25,000
Payment of offering costs		(25,375)
Net cash provided by financing activities		549,625
Net change in cash	(104,546)	549,645
Cash at beginning of period	438,913	0
Cash at end of period	$ 334,367	549,645
Non-cash investing and financing activities
Deferred offering costs in accrued offering costs		$ 58,000

The increase (decrease) during the reporting period in the accrued expense and other current liabilities.

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Lakeshore Acquisition I Corp. 10-Q