Launch Two Acquisition Corp

For the period ended Sep 30, 2024. Filed Nov 19, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 19, 2024

LPBB$10.82+0.1%Stored close · as of Nov 9, 2026

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Contents

Condensed Balance Sheet as of September 30, 2024 (Unaudited)

CONDENSED BALANCE SHEET

Assets
Current assets - prepaid expenses	$34,603
Deferred offering costs	494,336
Total Assets	$528,939
Liabilities and Shareholder’s Deficit
Current liabilities
Accrued offering costs	$216,160
Due to related party	42,923
Promissory note - related party	300,000
Total current liabilities	559,083
Total Liabilities	559,083
Commitments and Contingencies (Note 6)
Shareholder’s Deficit
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding	—
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; none issued or outstanding	—
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 5,750,000 shares issued and outstanding(1)	575
Additional paid-in capital	24,425
Accumulated deficit	(55,144)
Total Shareholder’s Deficit	(30,144)
Total Liabilities and Shareholder’s Deficit	$528,939

(1)

Includes an aggregate of up to 750,000 Class B ordinary shares subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ over-allotment option was exercised (Note 5). On October 9, 2024, the Company consummated its Initial Public Offering and sold 23,000,000 Units, including 3,000,000 Units sold pursuant to the full exercise of the underwriters’ option to purchase additional units to cover the over-allotment, hence the 750,000 shares of Class B ordinary shares were no longer subject to forfeiture.

CONDENSED STATEMENTS OF OPERATIONS

	For the Three Months Ended September 30,	For the Period from May 13, 2024 (Inception) Through September 30,
	2024	2024
General and administrative costs	$16,084	$55,144
Loss from operations	(16,084)	(55,144)
Net loss	$(16,084)	$(55,144)
Weighted average shares outstanding, Class B ordinary shares(1)	5,000,000	5,000,000
Basic and diluted net loss per share, Class B ordinary shares	$(0.00)	$(0.01)

(1)

Excludes an aggregate of up to 750,000 Class B ordinary shares subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ over-allotment option was exercised (Note 5). On October 9, 2024, the Company consummated its Initial Public Offering and sold 23,000,000 Units, including 3,000,000 Units sold pursuant to the full exercise of the underwriters’ option to purchase additional units to cover the over-allotment, hence the 750,000 shares of Class B ordinary shares were no longer subject to forfeiture.

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDER’S DEFICIT

FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2024 AND FOR THE PERIOD FROM MAY 13, 2024 (INCEPTION) THROUGH SEPTEMBER 30, 2024

Class A Ordinary Shares · Class B Ordinary Shares · Additional Paid-in · Accumulated · Total Shareholder’s
	Shares	Amount	Shares	Amount	Capital	Deficit	Deficit
Balance — May 13, 2024 (inception)	—	$—	—	$—	$—	$—	$—
Class B ordinary shares issued to Sponsor(1)	—	—	5,750,000	575	24,425	—	25,000
Net loss	—	—	—	—	—	(39,060)	(39,060)
Balance – June 30, 2024	—	—	5,750,000	575	24,425	(39,060)	(14,060)
Net loss	—	—	—	—	—	(16,084)	(16,084)
Balance – September 30, 2024	—	$—	5,750,000	$575	$24,425	$(55,144)	$(30,144)

(1)

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