Every 10-Q that Launch One Acquisition Corp. (LPAA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LPAA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LPAA filings page.
Launch One Acquisition Corp., a Cayman Islands SPAC, reported net income of $1.6 million for the quarter and $3.3 million for the six months ended June 30, 2026, down from $1.9 million and $4.2 million in the prior-year periods. Earnings are driven almost entirely by interest on the IPO trust, which held $249.8 million (about $10.86 per public share) at June 30, 2026.
General and administrative expenses were $1.1 million for the first half of 2026, and the company used $0.7 million of cash in operating activities, funded partly by a $1.0 million working capital note from the sponsor carrying an original issue discount and 8% interest. Cash outside the trust was $321,957 with a working capital deficit of $1.67 million.
The previously agreed Minovia Therapeutics business combination was terminated on January 30, 2026, and all related agreements were canceled with mutual releases. On July 10, 2026, shareholders approved extending the deadline to complete a business combination to January 15, 2027, and redemptions of 21,226,389 public shares removed about $229.9 million from the trust. Management discloses that the mandatory liquidation date and limited liquidity raise substantial doubt about the company’s ability to continue as a going concern if no deal is completed within the combination period.
Launch One Acquisition Corp. reported net income of $1,700,072 for the quarter ended March 31, 2026, mainly from interest on $247,617,197 held in its trust account. General and administrative expenses rose to $467,775, while cash outside the trust was $266,001, leaving a working capital deficit of $1,077,733.
The SPAC terminated its previously announced Minovia business combination in January 2026 and is seeking a new target. Management discloses that the July 15, 2026 deadline to complete a deal, combined with limited liquidity, raises substantial doubt about its ability to continue as a going concern.
Launch One Acquisition Corp. (LPAA) filed its quarterly report and detailed progress toward its proposed merger with Minovia. For the quarter ended September 30, 2025, the SPAC reported net income of $2,011,042, driven largely by interest earned on its Trust Account. General and administrative expenses were $517,261, while interest on cash and marketable securities held in the Trust Account was $2,556,473.
The Trust Account held $243,082,744, equating to $10.56 per Public Share as of September 30, 2025. Management disclosed a working capital deficit of $332,033 and noted that the Combination Period governs the time to complete a business combination, with substantial doubt about the company’s ability to continue as a going concern if no deal closes within that period. The Minovia Business Combination Agreement sets total consideration of $180 million plus certain financing proceeds, payable in Pubco shares at the Redemption Price, and includes up to $57.5 million of contingent earnout shares, subject to specified share price or clinical milestones, and a $23 million minimum cash condition at closing.