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Launch Two Acquisition Corp.
LPBBUCIK 0002023676NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthBlank ChecksE9FY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$8.91M
Total Assets
$243.72M
Equity
$-10.75M
Shares Out
—
Op. Cash Flow
$-610.6K
Business
Launch Two Acquisition Corp. is a blank check company formed to identify and complete an initial business combination with one or more target businesses. It conducts an initial public offering of units and associated public shares and warrants, and offers redemption rights to public shareholders while placing IPO proceeds in a trust account pending a combination. Its organization centers on a sponsor, management team and advisors, private placement warrant holders and the trust/accounting functions. It sources targets and distributes securities through U.S. public capital markets and the professional networks of its management and advisors.
Summary from filing dated 2025-03-25
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| General and administrative expenses | 909,063 | |
| Loss from operations | −909,063 | |
| Interest earned on cash and marketable securities held in Trust Account | 10 | |
| Interest earned on Bank Account | 672 | |
| Unrealized income on cash and marketable securities held in Trust Account | — | |
| Total other income, net | 10 | |
| Net income | 9 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-04-30 |
|---|---|---|---|---|
| Cash | 250,079 | 935,701 | — | |
| Prepaid expenses | 109,455 | 195,909 | — | |
| Total current assets | 359,534 | 1 | — | |
| Long-term prepaid insurance | — | 71,250 | — | |
| Cash and marketable securities held in Trust Account | 243 | 234 | — | |
| TOTAL ASSETS | 244 | 235 | — | |
| Accrued expenses | 156,201 | 16,136 | — | |
| Accrued offering costs | — | 75,000 | — | |
| Total current liabilities | 156,201 | 91,136 | — | |
| Deferred Fee payable | 11 | 11 | — | |
| TOTAL LIABILITIES | 11 | 11 | — | |
| COMMITMENTS AND CONTINGENCIES (Note 6) | — | — | — | |
| Class A Ordinary Shares subject to possible redemption, 23,000,000 shares at redemption value of $10.58 and $10.15 per share at December 31, 2025 and 2024, respectively | 243 | 234 | — | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding as of December 31, 2025 and 2024 | — | — | — | |
| Additional paid-in capital | — | — | — | |
| Accumulated deficit | −11 | −10 | — | |
| TOTAL SHAREHOLDERS DEFICIT | −11 | −10 | — | |
| TOTAL LIABILITIES AND SHAREHOLDERS DEFICIT | 244 | 235 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Payment of expenses through IPO Promissory Note related party | — | |
| General and administrative costs applied to prepaids contributed by Sponsor through IPO Promissory Note related party | — | |
| Prepaid expenses | 86,454 | |
| Long-term prepaid insurance | 71,250 | |
| Accrued expenses | 140,065 | |
| Net cash used in operating activities | −610,622 | |
| Investment of cash into Trust Account | — | |
| Net cash used in investing activities | — | |
| Proceeds from sale of Units, net of underwriting discounts paid | — | |
| Proceeds from sale of Private Placements Warrants | — | |
| Repayment of IPO Promissory Note - related party | — | |
| Payment of offering costs | −75,000 | |
| Net cash (used in) provided by financing activities | −75,000 | |
| Net Change in Cash | −685,622 | |
| Deferred Fee payable | — | |
| Deferred costs included in accrued offering costs | — | |
| Deferred offering costs contributed by Sponsor through IPO Promissory Note related party | — | |
| Deferred offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares | — | |
| Prepaid services contributed by Sponsor through the IPO Promissory Note related party | — |
Filings
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