Every 10-Q that Launch Two Acquisition Corp (LPBB) 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 LPBB 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 LPBB filings page.
Launch Two Acquisition Corp., a Cayman Islands SPAC, reported June 30, 2026 assets of $247.8 million, almost entirely cash and marketable securities in its Trust Account of $247.7 million, or $10.77 per each of the 23,000,000 redeemable Class A shares. Operating cash was $23,197 with a working capital deficit of $1.0 million.
For the six months ended June 30, 2026, the company generated net income of $3.1 million, driven by $4.3 million of interest on Trust investments, partially offset by $1.2 million of general and administrative costs. No operating revenues have begun; activities remain limited to pursuing a business combination.
On June 25, 2026, Launch Two signed a Business Combination Agreement with NuCube Energy, Inc. with a base equity Purchase Price of $500 million priced at $10.82 per share, plus an earnout of up to 12,575,000 additional shares if post-closing price targets are met. The SPAC must complete a business combination by October 9, 2026 (the Combination Period) or redeem all public shares, and management discloses that this deadline and limited liquidity raise substantial doubt about its ability to continue as a going concern.
Launch Two Acquisition Corp., a SPAC focused on technology and software infrastructure targets, reported net income of $1,954,863 for the three months ended March 31, 2026, driven almost entirely by interest on its IPO trust investments.
General and administrative expenses were $194,528, while interest on cash and marketable securities held in the trust account totaled $2,149,376. The trust held $245,507,612, or $10.67 per public share, as of March 31, 2026, supporting 23,000,000 redeemable Class A ordinary shares.
Outside the trust, the company had cash of $140,717 and working capital of $8,820, highlighting limited funds to run the search process. Management discloses that the mandatory liquidation deadline of October 9, 2026 and current liquidity raise substantial doubt about the company’s ability to continue as a going concern if no business combination is completed.
Launch Two Acquisition Corp. (LPBB) filed its Q3 2025 report, showing SPAC-stage operations with interest-driven profits and a standard timeline to complete a merger. Net income was $2.27 million for the quarter and $6.85 million year-to-date, primarily from $2.53 million quarterly and $7.47 million YTD interest on the trust. General and administrative costs were $238,860 for the quarter.
The trust held $241,011,789 as of September 30, 2025, equal to $10.48 per public share. Cash outside the trust was $500,596 with a working capital surplus of $489,299. A deferred underwriting fee of $10,950,000 remains payable upon a successful business combination.
The company has until October 9, 2026 to complete a business combination. Management disclosed substantial doubt about going concern due to limited liquidity and the mandatory liquidation deadline if no merger occurs within the combination period. As of November 13, 2025, there were 23,000,000 Class A and 5,750,000 Class B shares outstanding.