M&A - Launch Two Acquisition Corp.
Form Type: SCHEDULE 13G
Filing Date: 2025-02-10
Corporate Action: Acquisition
Type: New
Accession Number: 000121390025011777
Filing Summary: On February 10, 2025, Launch Two Acquisition Corp. filed a Schedule 13G, which reports securities ownership information. The document reveals that Launch Two Sponsor LLC holds 5,750,000 Class B Ordinary Shares, which constitute 20.0% of the total Class A Ordinary Shares, based on the total of 23,000,000 Class A Ordinary Shares issued and outstanding as of November 18, 2024. The Class B Ordinary Shares are convertible into Class A Ordinary Shares in relation to the initial business combination. Ryan Gilbert, as the sole managing member of Launch Two Sponsor LLC, retains voting and investment discretion over these securities. The Schedule 13G implies ongoing steps towards the business combination, indicating that the organization is positioning itself in relation to an acquisition or merger.
Additional details:
Class B Shares Owned: 5750000
Class A Shares Issued Outstanding: 23000000
Ownership Percentage: 20.0
Reporting Persons: Launch Two Sponsor LLC, Ryan Gilbert
Address: 180 Grand Avenue, Suite 1530 Oakland CA 94612
Conversion Details: Class B Ordinary Shares convert into Class A Ordinary Shares on a one-for-one basis
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