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LakeShore Biopharma (LSB) sets shareholder vote on going-private deal

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6-K

Rhea-AI Filing Summary

LakeShore Biopharma Co., Ltd has called an extraordinary general meeting of shareholders for February 12, 2026 at 11 a.m. (Beijing time) in Beijing. Shareholders will be asked to consider and vote on authorizing and approving a previously announced Agreement and Plan of Merger with Oceanpine Skyline Inc. and its subsidiary Oceanpine Merger Sub Inc., along with a related Cayman Islands plan of merger.

At the effective time of the merger, Merger Sub will merge into LakeShore Biopharma, which will survive as a wholly owned subsidiary of Oceanpine Skyline Inc. If completed, the merger will result in LakeShore Biopharma becoming a privately held company, and its ordinary shares and warrants will no longer be quoted on any public marketplace, including the OTC Pink tier, and will cease to be registered under the U.S. securities laws.

The board of directors, following a unanimous recommendation from a special committee of independent directors, has approved the merger documents and resolved to recommend that shareholders vote FOR the proposals. Shareholders of record as of 5 p.m. Cayman Islands time on January 16, 2026 are entitled to attend and vote at the meeting. Additional details are provided in the Schedule 13E-3 transaction statement and definitive proxy statement filed with the SEC.

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Insights

LakeShore Biopharma sets shareholder vote on going-private merger that would delist its shares and warrants.

The company has scheduled an extraordinary general meeting on February 12, 2026 for shareholders to vote on approving an Agreement and Plan of Merger with Oceanpine Skyline Inc. and its subsidiary. Under the transaction structure, Oceanpine Merger Sub Inc. will merge with and into LakeShore Biopharma, and the company will continue as the surviving entity wholly owned by Oceanpine Skyline Inc.

If the merger is completed, LakeShore Biopharma will become a privately held company. Its ordinary shares with a par value of US$0.0002 per share and its warrants to purchase shares will no longer be quoted on any public marketplace, including the OTC Pink tier, and will cease to be registered under Section 12 of the Securities Exchange Act of 1934. This effectively ends public trading access and U.S. reporting obligations for these securities.

The board of directors, acting on the unanimous recommendation of a special committee of independent directors, has approved the merger documentation and will recommend that shareholders vote FOR the proposals. Only shareholders of record as of 5 p.m. Cayman Islands time on January 16, 2026 may vote. Outcomes will depend on how shareholders vote at the extraordinary general meeting and whether all closing conditions in the merger agreement are satisfied or waived.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of January 2026

 

Commission file number: 001-41598

 

 

 

LAKESHORE BIOPHARMA CO., LTD

(Exact name of registrant as specified in its charter)

 

 

 

Building No. 2, 38 Yongda Road

Daxing Biomedical Industry Park

Daxing District, Beijing, PRC

Tel: 010-89202086

(Address of Principal Executive Offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F           Form 40-F

 

 

 

 

 

 

EXHIBITS

 

Exhibit No.   Description
99.1   Press Release - LakeShore Biopharma to Hold Extraordinary General Meeting of Shareholders

 

1

 

 

Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  LakeShore Biopharma Co., Ltd
   
  By: /s/ Rachel Yu
  Name:  Rachel Yu
  Title: Director and Chief Financial Officer

 

Date: January 20, 2026

 

 

2

 

Exhibit 99.1

 

LakeShore Biopharma to Hold Extraordinary General Meeting of Shareholders

 

BEIJING, China, January 20, 2026 /PRNewswire/ -- LakeShore Biopharma Co., Ltd (“LakeShore Biopharma” or the “Company”) (OTCPK: LSBCF; OTCPK: LSBWF), a global biopharmaceutical company dedicated to discovering, developing, manufacturing, and delivering new generations of vaccines and therapeutic biologics for infectious diseases and cancer, today announced that it has called an extraordinary general meeting of shareholders (the “EGM”), to be held on February 12, 2026 at 11 a.m. (Beijing time) at Unit 1301, Tower 1, China Central Place, No. 81 Jianguo Road, Chaoyang District, Beijing, People’s Republic of China, to consider and vote on, among other matters, the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the “Merger Agreement”) dated November 4, 2025 by and between the Company, Oceanpine Skyline Inc. (“Parent”) and Oceanpine Merger Sub Inc. (“Merger Sub”), a wholly owned subsidiary of Parent, the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the “Plan of Merger”) and the transactions contemplated thereby, including the merger.

 

Pursuant to the Merger Agreement and the Plan of Merger, at the effective time of the merger, Merger Sub will be merged with and into the Company and cease to exist, with the Company being the surviving company and becoming a wholly owned subsidiary of Parent. If consummated, the merger will result in the Company becoming a privately held company, and its ordinary shares, par value US$0.0002 each (each, a “Share”), and the warrants to purchase Shares (the “Company Warrants”) will no longer be listed for quotation on any public market place or quotation system, including OTC Pink tier of the OTC Markets. In addition, the Company’s Shares and Company Warrants will cease to be registered under Section 12 of the Securities Exchange Act of 1934 following the consummation of the merger.

 

The Company’s board of directors, acting upon the unanimous recommendation of a special committee of independent directors established by the board of directors, authorized and approved the execution, delivery and performance of the Merger Agreement, the Plan of Merger and the consummation of the transactions contemplated thereby, and resolved to recommend that the Company’s shareholders vote FOR, among other things, the proposal to authorize and approve the Merger Agreement, the Plan of Merger, and the consummation of the transactions contemplated thereby, including the merger.

 

Shareholders of record as of 5 p.m. Cayman Islands time on January 16, 2026 will be entitled to attend and vote at the EGM and any adjournment thereof.

 

Additional information regarding the EGM and the Merger Agreement can be found in the transaction statement on Schedule 13E-3 and the definitive proxy statement attached as Exhibit (a)-(1) thereto, as amended, filed with the U.S. Securities and Exchange Commission (the “SEC”), which can be obtained, along with other filings containing information about the Company, the proposed merger and related matters, without charge, from the SEC’s website (http://www.sec.gov). Requests for additional copies of the definitive proxy statement should be directed to the Company’s Investor Relations Department by phone at +86 (10) 8920-2086 or by email at ir@lakeshorebio.com.

 

SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THESE MATERIALS AND OTHER MATERIALS FILED WITH OR FURNISHED TO THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE PROPOSED MERGER AND RELATED MATTERS.

 

 

 

 

The Company and certain of its directors and executive officers may, under SEC rules, be deemed to be “participants” in the solicitation of proxies from the shareholders with respect to the proposed merger. Information regarding the persons who may be considered “participants” in the solicitation of proxies is set forth in the Schedule 13E-3 transaction statement relating to the proposed merger and the definitive proxy statement attached thereto. Further information regarding persons who may be deemed participants, including any direct or indirect interests they may have, is also set forth in the definitive proxy statement.

 

This announcement is for information purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell any securities or a solicitation of any proxy, vote or approval with respect to the proposed transaction or otherwise, nor shall it be a substitute for any proxy statement or other filings that have been or will be made with the SEC.

 

About LakeShore Biopharma Co., Ltd

 

LakeShore Biopharma, previously known as YS Biopharma, is a global biopharmaceutical company dedicated to discovering, developing, manufacturing, and delivering new generations of vaccines and therapeutic biologics for infectious diseases and cancer. It has developed a proprietary PIKA® immunomodulating technology platform and a new generation of preventive and therapeutic biologics targeting Rabies, Hepatitis B, Influenza, and other virus infections. The Company operates in China, Singapore, and the Philippines, and is led by a management team that combines rich local expertise and global experience in the biopharmaceutical industry.

 

For more information, please visit https://investors.lakeshorebio.com/.

 

Forward-Looking Statements

 

This press release contains statements that may constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s business plans and development, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “future,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. LakeShore Biopharma may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about LakeShore Biopharma’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: uncertainties as to how the Company’s shareholders will vote at the meeting of shareholders; the possibility that events may arise that result in the termination of the Merger Agreement; the possibility that competing offers will be made; the possibility that financing may not be available; the possibility that various closing conditions for the transaction may not be satisfied or waived; and other risks and uncertainties discussed in documents filed with the SEC by the Company, as well as the Schedule 13E-3 and the proxy statement filed by the Company; the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; its ability to provide efficient services and compete effectively; its ability to maintain and enhance the recognition and reputation of its brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

 

For investor inquiries, please contact:

 

IR Team

Tel: +86 (10) 8920-2086

Email: ir@lakeshorebio.com

 

 

 

 

FAQ

What is LakeShore Biopharma (LSB) asking shareholders to vote on at the February 12, 2026 EGM?

LakeShore Biopharma is asking shareholders to consider and vote on authorizing and approving the previously announced Agreement and Plan of Merger with Oceanpine Skyline Inc., the related plan of merger to be filed in the Cayman Islands, and the transactions contemplated by those documents, including the merger itself.

When and where will LakeShore Biopharmas extraordinary general meeting of shareholders be held?

The extraordinary general meeting is scheduled for February 12, 2026 at 11 a.m. (Beijing time) at Unit 1301, Tower 1, China Central Place, No. 81 Jianguo Road, Chaoyang District, Beijing, Peoples Republic of China.

Who is entitled to vote at LakeShore Biopharma (LSB)s extraordinary general meeting?

Shareholders of record as of 5 p.m. Cayman Islands time on January 16, 2026 are entitled to attend and vote at the extraordinary general meeting and any adjournment of that meeting.

What happens to LakeShore Biopharmas shares and warrants if the merger is completed?

If the merger is consummated, LakeShore Biopharma will become a privately held company. Its ordinary shares and warrants to purchase shares will no longer be listed or quoted on any public marketplace or quotation system, including the OTC Pink tier, and the shares and warrants will cease to be registered under Section 12 of the Securities Exchange Act of 1934.

How has LakeShore Biopharmas board of directors recommended shareholders vote on the merger?

The board of directors, acting on the unanimous recommendation of a special committee of independent directors, has authorized and approved the merger documents and resolved to recommend that shareholders vote FOR the proposal to approve the Merger Agreement, the Plan of Merger, and the related transactions, including the merger.

Where can LakeShore Biopharma (LSB) investors find more information about the proposed merger and EGM?

Additional information is available in the Schedule 13E-3 transaction statement and the definitive proxy statement attached as Exhibit (a)-(1) to that filing, as amended. These documents and other filings regarding the company and the proposed merger can be obtained free of charge from the SECs website at http://www.sec.gov or by contacting LakeShore Biopharmas Investor Relations Department by phone at +86 (10) 8920-2086 or by email at ir@lakeshorebio.com.

What does the LakeShore Biopharma (LSB) press release say about forward-looking statements related to the merger?

The press release notes that it contains forward-looking statements identified by terms such as may, will, expect, and similar expressions. It highlights risks and uncertainties, including how shareholders will vote, the possibility of termination of the Merger Agreement, competing offers, availability of financing, satisfaction or waiver of closing conditions, and other risks discussed in the companys SEC filings, including the Schedule 13E-3 and proxy statement.

LakeShore Biopharma Co., Ltd

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