Launch Two Acquisition Corp.LPBB
Cash in trust
$248M
$247,682,183
Trust per share
—
Redemption value
IPO
Oct 2024
$230M raised
Combination deadline
Oct 9, 2026
22 days remaining
Filings on record
83
Latest Sep 16, 2026
Business combination
- Target
- Not disclosed in an indexed filing
- Announced
- Jun 25, 2026
Overview
Launch Two Acquisition Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002023676. It completed its initial public offering in Oct 2024, raising $230M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker LPBB, units under LPBBU, warrants under LPBBW on Nasdaq. Definitive business-combination agreement signed, closing pending.
Reading the filings
Arithmetic on what Launch Two Acquisition Corp. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Time on the clock
22 days to the Oct 9, 2026 deadline. Inside ninety days a sponsor has three routes and no others: close, call a shareholder vote to extend (which opens a redemption window and usually costs a monthly contribution into the trust), or liquidate and return the cash. This is the window where redemption arithmetic starts to dominate the share price.
Scores
Recomputed 5m agoThree readings of Launch Two Acquisition Corp., each an unweighted mean of the components shown beneath it, and each component a percentile against every live SPAC rather than an absolute we invented. They describe the setup, not the merit. How they are built
FOMO
ElevatedHow much attention is this vehicle attracting right now?
57/100
- Filing activity95
13 in 30 days
- News coverage0
0 stories in 30 days
- Deal freshness77
announced 84 days ago
Attention is not quality. FOMO rises on news volume and on the market paying above trust, both of which have preceded plenty of disappointments.
Potential
HighHow likely is this vehicle to complete a combination, and at what scale?
80/100
- Trust scale74
$248M
- Stage85
definitive agreement signed
Potential is about execution, not about the target. It says nothing about whether the eventual deal is worth owning, because the target is usually unknown when the score is computed.
These are derived measures, not ratings of investment merit. They carry no view on the target, no price target and no recommendation, and a high score is not a reason to buy anything.
News on Launch Two Acquisition Corp.
Last 90 daysNothing in the last 90 days that names this vehicle. We attribute a story only when the release carries the ticker or the registered name, so an empty section means no press release or wire story matched — not that nothing was published. The filings below are the primary record either way.
SEC filing history
Free tier: filings older than 24 hours- 425
Business-combination communication
Accession 0001213900-26-099972
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001213900-26-099968
- DEF 14A
Definitive proxy statement
Accession 0001213900-26-099792
- S-4
Merger registration statement
Accession 0001213900-26-099372
- 425
Business-combination communication
Accession 0001213900-26-098855
- 425
Business-combination communication
Accession 0001213900-26-098114
- PRE 14A
PRELIMINARY PROXY STATEMENT
Accession 0001213900-26-097631
- 425
Business-combination communication
Accession 0001213900-26-097281
- 425
Business-combination communication
Accession 0001213900-26-096373
- 425
Business-combination communication
Accession 0001213900-26-093511
- 425
Business-combination communication
Accession 0001213900-26-091312
- 8-K
Other events
Items 2.03, 8.01, 9.01 · Accession 0001213900-26-091307
- 10-Q
Quarterly report
Accession 0001213900-26-090049
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001905106-26-000161
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0000886982-26-000488
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0000312069-26-000211
- 425
Business-combination communication
Accession 0001213900-26-085263
- DRS
Draft registration statement (confidential)
Accession 0001213900-26-084199
- 425
Business-combination communication
Accession 0001213900-26-083122
- 3
Initial statement of beneficial ownership
Accession 0001213900-26-074530
- 425
Business-combination communication
Accession 0001213900-26-073598
- 8-K
Entry into a material definitive agreement; Other events
Items 1.01, 5.02, 8.01, 9.01 · Accession 0001213900-26-073592
- 425
Business-combination communication
Accession 0001213900-26-072364
- 425
Business-combination communication
Accession 0001213900-26-071782
- 8-K
Regulation FD disclosure
Items 7.01, 9.01 · Accession 0001213900-26-071780
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001905106-26-000093
- 10-Q
Quarterly report
Accession 0001213900-26-055950
- 10-K
Annual report
Accession 0001213900-26-034881
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001905106-26-000043
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0000312069-26-000036
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Launch Two Acquisition Corp.: questions answered
What is Launch Two Acquisition Corp. (LPBB)?
Launch Two Acquisition Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002023676. It completed its initial public offering in Oct 2024, raising $230M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker LPBB, units under LPBBU, warrants under LPBBW on Nasdaq. Definitive business-combination agreement signed, closing pending.
How much does Launch Two Acquisition Corp. hold in trust?
Approximately $247,682,183, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must Launch Two Acquisition Corp. complete a merger?
By Oct 9, 2026. If no combination closes by then the sponsor must seek a further extension or wind the vehicle up and return the trust.
What happens if Launch Two Acquisition Corp. does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in Launch Two Acquisition Corp., and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
What tickers does Launch Two Acquisition Corp. trade under?
Class A shares trade as LPBB on Nasdaq, the units as LPBBU, and the warrants as LPBBW. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.
Is the trust value the same as the share price for Launch Two Acquisition Corp.?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
Is Launch Two Acquisition Corp. tradeable, and where?
Yes. LPBB returned a live quote of $10.85 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.
Is Launch Two Acquisition Corp. a good investment?
That is not a question this site answers. Launch Two Acquisition Corp. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this Launch Two Acquisition Corp. data come from?
Filings Launch Two Acquisition Corp. submitted to the SEC under CIK 0002023676: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Sep 17, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
All spacs with an announced deal
Definitive business-combination agreement signed, closing pending.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
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