Launch Two Acquisition Corp. Files 8-K on Share and Warrant Details

TL;DR

Launch Two Acquisition Corp. (LACT) filed an 8-K detailing their units, shares, and warrants with a $11.50 exercise price.

AI Summary

Launch Two Acquisition Corp. filed an 8-K on October 16, 2024, reporting events as of October 9, 2024. The filing pertains to their units, consisting of ordinary shares and redeemable warrants, and the ordinary shares themselves. It also details the company's warrants, which are exercisable for ordinary shares at an exercise price of $11.50 per share.

Why It Matters

This filing provides crucial details about the structure and exercise terms of Launch Two Acquisition Corp.'s securities, which is important for investors to understand their rights and potential costs.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of corporate actions and security details, not indicating any immediate financial distress or significant operational change.

Key Numbers

• $11.50 — Warrant Exercise Price (Price at which warrants can be exercised for ordinary shares.)

Key Players & Entities

• Launch Two Acquisition Corp. (company) — Registrant
• October 9, 2024 (date) — Earliest event reported date
• October 16, 2024 (date) — Filing date
• $11.50 (dollar_amount) — Warrant exercise price

FAQ

Key Financial Figures

• $0.0001 — LC Class A ordinary shares, par value $0.0001 per share LPBB The Nasdaq Stock Mar
• $11.50 — ordinary share at an exercise price of $11.50 per share LPBBW The Nasdaq Stock Ma
• $10.00 — hare. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to
• $230,000,000 — rating gross proceeds to the Company of $230,000,000. Simultaneously with the closing of th
• $1.00 — PO, in each case at a purchase price of $1.00 per Private Placement Warrant, generati
• $7,075,000 — rating gross proceeds to the Company of $7,075,000. A total of $231,150,000, or $10.05 pe
• $231,150,000 — the Company of $7,075,000. A total of $231,150,000, or $10.05 per Unit, comprised of the n
• $10.05 — 7,075,000. A total of $231,150,000, or $10.05 per Unit, comprised of the net proceeds
• $10,950,000 — the underwriter's deferred discount of $10,950,000) and the sale of the Private Placement

Filing Documents

• ea0217496-8k_launchtwo.htm (8-K) — 37KB
• ea021749601ex99-1_launchtwo.htm (EX-99.1) — 121KB
• 0001213900-24-088216.txt ( ) — 409KB
• lpbbu-20241009.xsd (EX-101.SCH) — 4KB
• lpbbu-20241009_def.xml (EX-101.DEF) — 27KB
• lpbbu-20241009_lab.xml (EX-101.LAB) — 37KB
• lpbbu-20241009_pre.xml (EX-101.PRE) — 25KB
• ea0217496-8k_launchtwo_htm.xml (XML) — 7KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 9, 2024 Launch Two Acquisition Corp. (Exact name of registrant as specified in its charter) Cayman Islands 001-42306 98-1801568 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 180 Grand Avenue Suite 1530 Oakland CA 94612 (Address of principal executive offices, including Registrant's telephone number, including area code: ( 510 ) 692-9600 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant LPBBU The Nasdaq Stock Market LLC Class A ordinary shares, par value $0.0001 per share LPBB The Nasdaq Stock Market LLC Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share LPBBW The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item8.01. Other Events. On October 9, 2024, Launch Two Acquisition Corp. (the " Company ") consummated its initial public offering (" IPO ") of 23,000,000 units (the " Units "), including 3,000,000 Units issued pursuant to the full exercise of the underwriters' over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the " Class A Ordinary Shares "), and one-half of one redeemable warrant of the Company (each, a " Warrant "), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $230,000,000. Simultaneously with the closing of the IPO, the Company completed the private sale (the " Private Placement " ) of an aggregate of 7,075,000 warrants (the " Private Placement Warrants " ). 4,500,000 Private Placement Warrants were sold to Launch Two Sponsor LLC, the Company's sponsor, and 2,575,000 Private Placement Warrants were sold to Cantor Fitzgerald & Co. the representative of the underwriters in the IPO, in each case at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $7,075,000. A total of $231,150,000, or $10.05 per Unit, comprised of the net proceeds from the IPO (which amount includes the underwriter's deferred discount of $10,950,000) and the sale of the Private Placement Warrants, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. An audited balance sheet as of October 9, 2024 reflecting the receipt of the proceeds from the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K. Item9.01 Financial Statement and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Audited Balance Sheet as of October 9, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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 hereunto duly authorized. LAUNCH TWO ACQUISITION CORP. By: /s/ Jay McEntee Name: Jay McEntee Title: Chief Executive Officer Dated: October 16, 2024 2

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View this 8-K filing on SEC EDGAR