Launch Two Acquisition Corp. (LPBB) disclosed NuCube Energy, Inc.'s October 27, 2026 LinkedIn and X posts describing two NuSun platform configurations: NuSun-1 at approximately 1.3 MWe and 4 MWth, and NuSun-15 at approximately 15 MWe and 45 MWth. NuCube defines MWe as electrical output and MWth as thermal output, or reactor heat. The LinkedIn post says the platform is being designed to provide both electricity and high-temperature heat; the X post says it is designed to provide electricity or high-temperature heat. NuCube was named as a co-registrant with Launch Two in the Form S-4 filed September 11, 2026, for their proposed business combination.
Launch Two Acquisition Corp. and NuCube Energy are parties to a proposed business combination for which Launch Two filed a registration statement on Form S-4, naming NuCube as a co-registrant.
On October 23, 2026, NuCube said its CEO, Cristian Rabiti, attended a Taiwan forum on small and micro modular reactors following the announcement of a collaboration agreement with National Tsing Hua University. NuCube said it is developing factory-build microreactors designed to deliver reliable, carbon-free electricity and high-temperature process heat at the point of use.
Launch Two Acquisition Corp. amended its business combination agreement with NuCube Energy, extending the Outside Date to January 7, 2027, at 5:00 p.m. Eastern time, subject to the agreement’s termination limitations. The amendment permits NuCube to enter into securities purchase agreements before Closing for the issuance and sale of Series A-4 Preferred Stock, on terms substantially similar to and not materially more favorable to investors in the aggregate than those in Appendix A.
The stated terms are $12.779 per share, a 1:1 conversion ratio and 50% warrant coverage at $15.887 per warrant share. The amendment provides that the Series A-4 issuance will not reduce the aggregate merger consideration to be received by NuCube security holders before giving effect to that issuance. It raises Launch Two’s post-closing Incentive Plan reserve from 10% to 12.5% of outstanding shares and requires a new employee stock purchase plan with a reserve equal to 2% of fully diluted equity capitalization after Closing.
Launch Two Acquisition Corp. (LPBB)’s proposed business-combination partner, NuCube Energy, agreed to a $25 million direct investment from the Alaska Industrial Development and Export Authority (AIDEA), an Alaska state-backed investment authority. Under the agreement signed October 19, 2026, AIDEA agreed to purchase Class A ordinary shares at $9.25 per share, plus one-half of one warrant per share exercisable at $11.50 within 5 years. The share price is approximately 14.5% below the $10.82 reference price used to determine the exchange ratio for NuCube’s capital stock in the proposed combination.
The investment will constitute Transaction Financing and count toward the $75 million Minimum Cash Condition required for closing. NuCube intends to use the proceeds for NuSun development, manufacturing readiness and licensing.
Launch Two Acquisition Corp. reported that NuCube Energy, Inc. posted social media communications about its NuSun technology project at the Utah San Rafael Energy Lab. Launch Two previously filed a registration statement on Form S-4 on September 11, 2026, with NuCube named as a co-registrant, in connection with their proposed business combination.
In posts dated October 15, 2026, NuCube described the project as entering another phase of testing and said it will help demonstrate the technology’s potential to provide heat and electricity for industrial applications. NuCube characterized the energy as reliable and carbon-free.
Launch Two Acquisition Corp. is identified as the subject company in a communication reporting that NuCube Energy, Inc. posted on LinkedIn and X on October 13, 2026, about its developing NuSun platform. NuCube described modular, behind-the-meter deployment, with multiple units configurable for different data-center loads, and said modular advanced nuclear offers a potential path to scalable, on-site baseload power as compute demand grows and grid constraints become more apparent.
The posts appeared in the context of the proposed business combination between Launch Two and NuCube. Launch Two filed a Form S-4 registration statement on September 11, 2026, with NuCube named as a co-registrant.
Launch Two Acquisition Corp. (LPBB) shareholders approved an amendment extending the deadline to complete a business combination monthly, up to six times, from October 9, 2026 to April 9, 2027, or an earlier date determined by the board. The extension proposal received 21,221,691 votes for and 2,558,191 against. Shareholders also ratified WithumSmith+Brown, PC as the independent registered public accounting firm for the year ending December 31, 2026, with 23,647,778 votes for and 2,558,145 against.
Under non-redemption agreements, investors committed not to redeem and to vote in favor of the amendment with respect to 4,481,851 Class A ordinary shares. In exchange, Launch Two Sponsor LLC agreed to transfer 256,061 Class A ordinary shares per extension month, as needed, upon closing of the initial business combination. The transfers are conditional on the investors not redeeming or rescinding prior redemption requests, voting for the amendment, and the amendment’s approval. Holders redeemed 18,322,071 Public Shares at approximately $10.84 per share, for an aggregate redemption amount of approximately $198.6 million; 4,677,929 Public Shares remained issued and outstanding.
Launch Two Acquisition Corp. (LPBB) and NuCube Energy, Inc. are parties to a proposed business combination. Launch Two filed a Form S-4 registration statement on September 11, 2026, with NuCube named as a co-registrant. On October 8, 2026, NuCube posted remarks from CEO Cristian Rabiti following his appearance at Halliburton Labs Pitch Day in Houston.
Rabiti said NuCube focuses on making nuclear reactors simple, cost competitive, deployable, reliable and quick to build. He said NuCube estimates its designs will reduce the number of moving parts by 80% compared with legacy reactors.
Launch Two Acquisition Corp. postponed its extraordinary general meeting in lieu of an annual general meeting to Thursday, October 8, 2026, at 1:00 p.m. Eastern Time. Shareholders will consider, among other matters, a proposal to amend the company’s governing documents to allow the deadline for completing an initial business combination to be extended monthly up to six (6) times, from October 9, 2026, to April 9, 2027, or an earlier date set by the board. The redemption deadline for the proposal vote is Wednesday, October 7, 2026, at 5:00 p.m. Eastern Time.
Launch Two Acquisition Corp. reported that its proposed business-combination partner, NuCube Energy, Inc., is advancing integrated energy-systems testing at Utah San Rafael Energy Lab (USREL) with the lab and Brigham Young University researchers. The project will use a 250-kW induction furnace to provide controllable high-temperature heat representative of NuCube’s NuSun reactor, creating a test platform for energy-conversion and industrial-heat applications.
Once complete, the infrastructure will enable studies of high-temperature heat uses and power generation. NuCube entered a May 6, 2025 memorandum of understanding with Utah’s Office of Energy Development to engage in good-faith work toward siting a NuCube-supplied micro fission reactor at USREL. Launch Two and NuCube announced a business combination agreement on June 25, 2026; upon closing, the combined company is expected to list on Nasdaq or NYSE, subject to listing requirements and other closing conditions.