Launch Two Acquisition Corp. Files S-1 for Public Offering
Ticker: LPBBU · Form: S-1 · Filed: Jul 24, 2024 · CIK: 2023676
Sentiment: neutral
Topics: spac, s-1, registration-statement, real-estate
TL;DR
Launch Two Acquisition Corp. (a SPAC) filed its S-1, signaling a move towards a public offering. Get ready for potential deals in real estate/construction.
AI Summary
Launch Two Acquisition Corp. filed an S-1 registration statement on July 23, 2024, for a proposed public offering. The company, incorporated in the Cayman Islands, is a blank check company focused on real estate and construction. Its principal executive offices are located at 180 Grand Avenue, Suite 1530, Oakland, CA 94612.
Why It Matters
This S-1 filing indicates Launch Two Acquisition Corp. is moving forward with its plans to become a publicly traded entity, potentially leading to future acquisitions in the real estate and construction sectors.
Risk Assessment
Risk Level: medium — As a blank check company (SPAC), its success is highly dependent on identifying and completing a suitable acquisition, which carries inherent risks.
Key Numbers
- 333-280965 — SEC File Number (Identifies this specific registration filing with the SEC.)
- 6770 — SIC Code (Indicates the company's industry focus on 'Blank Checks'.)
Key Players & Entities
- Launch Two Acquisition Corp. (company) — Registrant
- Jay McEntee (person) — Chief Executive Officer
- July 23, 2024 (date) — Filing Date
- 180 Grand Avenue Suite 1530 Oakland CA 94612 (address) — Principal Executive Offices
FAQ
What is the primary business objective of Launch Two Acquisition Corp. as stated in the S-1?
The S-1 filing indicates Launch Two Acquisition Corp. is a blank check company, typically formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
When was this S-1 registration statement filed with the SEC?
The S-1 registration statement was filed with the SEC on July 23, 2024.
Where are the principal executive offices of Launch Two Acquisition Corp. located?
The principal executive offices are located at 180 Grand Avenue, Suite 1530, Oakland, CA 94612.
What is the state of incorporation for Launch Two Acquisition Corp.?
Launch Two Acquisition Corp. is incorporated in the Cayman Islands.
Who is listed as the Chief Executive Officer of Launch Two Acquisition Corp.?
Jay McEntee is listed as the Chief Executive Officer.
Filing Stats: 4,136 words · 17 min read · ~14 pages · Grade level 16.2 · Accepted 2024-07-23 17:32:55
Key Financial Figures
- $200,000,000 — 00a0; JULY  2 3 ,  2024 $200,000,000 Launch Two Acquisition Corp. 20,000
- $10.00 — ies. Each unit has an offering price of $10.00 and consists of one Class A ordi
- $11.50 — s A ordinary share at a price of $11.50 per share, subject to adjustment as des
- $1.00 — hare at $11.50 per share, at a price of $1.00 per warrant, or $6,925,000 in the aggre
- $6,925,000 — re, at a price of $1.00 per warrant, or $6,925,000 in the aggregate (or $7,075,000 if the
- $7,075,000 — ant, or $6,925,000 in the aggregate (or $7,075,000 if the underwriters’ over -allot
- $3,950,000 — rrants at a price of $1.00 per warrant ($3,950,000 in the aggregate) in a private placemen
- $229.0 million — ing up to an aggregate of approximately $229.0 million of the units in this offering at the of
- $25,000 — 0;B ordinary shares for an aggregate of $25,000, up to 750,000 of which will be surrend
- $12,500 — te of our sponsor in an amount equal to $12,500 per month for office space, utilities a
- $300,000 — n of this offering, we will repay up to $300,000 in loans made to us by our sponsor to c
- $1,500,000 — our initial business combination, up to $1,500,000 of such loans may be convertible into w
- $100,000 — d thereon (less taxes payable and up to $100,000 of interest income to pay dissolution e
- $0.20 — x00a0;    Includes $0.20 per unit (excluding any units sold purs
- $4,000,000 — ption to purchase additional units), or $4,000,000 in the aggregate (whether or not the un
Filing Documents
- ea0206909-02.htm (S-1) — 3879KB
- ea020690902ex1-1_launchtwo.htm (EX-1.1) — 247KB
- ea020690902ex3-1i_launchtwo.htm (EX-3.1(I)) — 26KB
- ea020690902ex3-1ii_launchtwo.htm (EX-3.1(II)) — 493KB
- ea020690902ex3-2_launchtwo.htm (EX-3.2) — 329KB
- ea020690902ex4-1_launchtwo.htm (EX-4.1) — 21KB
- ea020690902ex4-2_launchtwo.htm (EX-4.2) — 21KB
- ea020690902ex4-3_launchtwo.htm (EX-4.3) — 25KB
- ea020690902ex4-4_launchtwo.htm (EX-4.4) — 158KB
- ea020690902ex5-1_launchtwo.htm (EX-5.1) — 11KB
- ea020690902ex10-1_launchtwo.htm (EX-10.1) — 44KB
- ea020690902ex10-2_launchtwo.htm (EX-10.2) — 83KB
- ea020690902ex10-3_launchtwo.htm (EX-10.3) — 133KB
- ea020690902ex10-4_launchtwo.htm (EX-10.4) — 40KB
- ea020690902ex10-5_launchtwo.htm (EX-10.5) — 59KB
- ea020690902ex10-6_launchtwo.htm (EX-10.6) — 101KB
- ea020690902ex10-7_launchtwo.htm (EX-10.7) — 22KB
- ea020690902ex10-8_launchtwo.htm (EX-10.8) — 52KB
- ea020690902ex10-9_launchtwo.htm (EX-10.9) — 12KB
- ea020690902ex14-1_launchtwo.htm (EX-14.1) — 53KB
- ea020690902ex23-1_launchtwo.htm (EX-23.1) — 2KB
- ea020690902ex99-1_launchtwo.htm (EX-99.1) — 43KB
- ea020690902ex99-2_launchtwo.htm (EX-99.2) — 31KB
- ea020690902ex99-3_launchtwo.htm (EX-99.3) — 3KB
- ea020690902ex99-4_launchtwo.htm (EX-99.4) — 3KB
- ea020690902ex99-5_launchtwo.htm (EX-99.5) — 3KB
- ea020690902ex-fee_launchtwo.htm (EX-FILING FEES) — 52KB
- ex3-1i_001.jpg (GRAPHIC) — 30KB
- ex3-1i_002.jpg (GRAPHIC) — 6KB
- ex3-1ii_003.jpg (GRAPHIC) — 10KB
- ex3-1ii_001.jpg (GRAPHIC) — 29KB
- ex3-1ii_002.jpg (GRAPHIC) — 6KB
- 0001213900-24-063657.txt ( ) — 6058KB
Risk Factors
Risk Factors   43 Cautionary Note Regarding Forward-Looking Statements   90
Use of Proceeds
Use of Proceeds   91 Dividend Policy   94
Dilution
Dilution   95 Capitalization   98 Management’s Discussion and Analysis of Financial Condition and Results of Operations   99 Proposed Business   105 Effecting our Initial Business Combination   116 Management   135 Principal Shareholders   146 Certain Relationships and Related Party Transactions   150
Description of Securities
Description of Securities   153 Taxation   173
Underwriting
Underwriting   184 Legal Matters   194 Experts   194 Where You Can Find Additional Information   194 Index to Financial Statements   F-1 We are responsible for the information contained in this prospectus. We have not, and the underwriters have not, authorized anyone to provide you with information that is different from or inconsistent with that contained in this prospectus. We are not, and the underwriters are not, making an offer to sell securities in any jurisdiction where the offer or sale is not permitted. You should not assume that the information contained in this prospectus is accurate as of any date other than the date on the front of this prospectus. Trademarks This prospectus contains references to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus may appear without the ® or ™ symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies’ trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other companies. i Table of Contents SUMMARY This summary only highlights the more detailed information appearing elsewhere in this prospectus. As this is a summary, it does not contain all of the information that you should consider in making an investment decision. You should read this entire prospectus carefully, including the information under “Risk Factors” and our financial statements and the related notes included elsewhere in this prospectus, before investing. Unless otherwise stated in this prospectus or the context otherwise requires, references to: •