Meteora Capital reports 1.4M-share stake in Launch Two (LPBB)

Rhea-AI Filing Summary

Meteora Capital, LLC and Vik Mittal report beneficial ownership of Launch Two Acquisition Corp. Class A common stock totaling 1,401,110 shares, equal to 6.09% of the class. The filing states the shares are held with shared voting and shared dispositive power.

Signature on the amendment is dated 05/15/2026.

Insights

Institutional Ownership Analyst

Large passive stake disclosed: 1,401,110 shares (6.09%).

The filing lists 1,401,110 shares of Class A common stock and reports shared voting power and shared dispositive power. This quantifies a meaningful minority holding in the issuer's Class A equity.

Ownership structure and any trading intentions are not detailed; subsequent filings would show disposition or changes in voting/control.

Regulatory Filings Specialist

Schedule 13G/A amendment updates beneficial-ownership disclosure by Meteora Capital and Vik Mittal.

The form identifies Meteora Capital as investment manager for certain funds and lists a Delaware address. The filing attributes the holding to the Meteora Funds and notes the Reporting Persons' shared powers over the shares.

Investors should note the disclosure date 05/15/2026 for timeline context; further amendments may follow if percentages change.

Key Figures

Shares beneficially owned: 1,401,110 shares Percent of class: 6.09% Shared voting power: 1,401,110 shares +2 more

5 metrics

Shares beneficially owned 1,401,110 shares Amount reported in Item 4(a)

Percent of class 6.09% Percent of Class A common stock reported in Item 4(b)

Shared voting power 1,401,110 shares Shared power to vote reported in Item 4(c)(ii)

CUSIP G5S87A105 Identifier for Class A common stock in Item 2(d)/(e)

Filing signature date 05/15/2026 Signature date at end of amendment

Key Terms

Beneficially owned, Shared dispositive power, Schedule 13G/A

3 terms

Beneficially owned regulatory

"Item 4. | Ownership (a) | Amount beneficially owned: 1401110"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Shared dispositive power regulatory

"(iv) Shared power to dispose or to direct the disposition of: 1401110"

Schedule 13G/A regulatory

"(Amendment No. 2 ) Launch Two Acquisition Corp."

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Launch Two Acquisition Corp.

(Name of Issuer)

Class A common stock

(Title of Class of Securities)

G5S87A105

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G5S87A105

1

Names of Reporting Persons

Meteora Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,401,110.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,401,110.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,401,110.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.09 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Launch Two Acquisition Corp.
(b)	Address of issuer's principal executive offices: 180 Grand Avenue Suite 1530, Oakland, CA, 94612
Item 2.
(a)	Name of person filing: (i) Meteora Capital, LLC, a Delaware limited liability company ("Meteora Capital") with respect to the Common Stock (as defined in Item 2(d)) held by certain funds and managed accounts to which Meteora Capital serves as investment manager (collectively, the "Meteora Funds"); and (ii) Vik Mittal, who serves as the Managing Member of Meteora Capital, with respect to the Common Stock held by the Meteora Funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)	Address or principal business office or, if none, residence: The address of the principal business office for each of the Reporting Persons is: 1200 N Federal Hwy, #200, Boca Raton FL 33432
(c)	Citizenship: Meteora Capital is a Delaware limited liability company. Vik Mittal is a United States citizen.
(d)	Title of class of securities: Class A common stock
(e)	CUSIP No.: G5S87A105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1401110
(b)	Percent of class: 6.09 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1401110
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1401110
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Meteora Capital, LLC

Signature:	Vik Mittal
Name/Title:	Mr
Date:	05/15/2026

FAQ

What stake does Meteora Capital report in Launch Two Acquisition Corp (LPBB)?

Meteora Capital reports beneficial ownership of 1,401,110 shares, representing 6.09% of Class A common stock. The filing attributes voting and dispositive authority as shared and is signed on 05/15/2026.

Who are the reporting persons on the Schedule 13G/A for LPBB?

The filing names Meteora Capital, LLC (investment manager for certain funds) and Vik Mittal (Managing Member) as Reporting Persons, with the Meteora Funds holding the disclosed Class A shares.

What voting and disposition powers are reported by Meteora Capital for LPBB shares?

The statement reports 0 shares with sole voting or sole dispositive power and 1,401,110 shares with shared voting and shared dispositive power over the Class A shares.

Does the Schedule 13G/A specify whether Meteora Capital is the beneficial owner personally?

The filing states it "should not be construed as an admission" that any Reporting Person is the beneficial owner for Section 13 purposes; it attributes the shares to the Meteora Funds managed by Meteora Capital.