Launch Two (NASDAQ: LPBB) gets 6.95% Meteora Capital stake disclosure

Rhea-AI Filing Summary

Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of 1,597,699 shares of Launch Two Acquisition Corp. Class A common stock, representing 6.9465% of the class as of 12/31/2025.

The shares are held by funds and managed accounts for which Meteora Capital serves as investment manager, giving the reporting persons shared power to vote and dispose of these shares, and no sole power. They state the position is held in the ordinary course of business and not for the purpose of changing or influencing control of the company.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Launch Two Acquisition Corp.

(Name of Issuer)

Class A common stock

(Title of Class of Securities)

G5S87A105

(CUSIP Number)

12/31/2025

(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)

SCHEDULE 13G

CUSIP No. 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 1,597,699.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,597,699.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,597,699.00

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)

6.9465 %

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: 1597699
(b)	Percent of class: 6.9465 %
(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: 1597699
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1597699
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:	02/13/2026

FAQ

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

Meteora Capital reports beneficial ownership of 1,597,699 shares of Launch Two Acquisition Corp. Class A common stock, equal to 6.9465% of the outstanding class as of 12/31/2025, held through funds and managed accounts it advises.

Who are the reporting persons in this Launch Two (LPBB) Schedule 13G/A?

The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member. They report on shares held by certain Meteora-managed funds and accounts, collectively referred to as the Meteora Funds, in Launch Two Acquisition Corp.

How much voting power does Meteora have over Launch Two (LPBB) shares?

The filing shows 0 shares with sole voting power and 1,597,699 shares with shared voting power. Meteora Capital and Vik Mittal also report shared dispositive power over the same number of Launch Two Acquisition Corp. Class A common shares.

Is Meteora’s Launch Two (LPBB) position intended to influence control?

No. The reporting persons certify the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Launch Two Acquisition Corp., except for activities related to a nomination under Rule 240.14a-11.

What class of Launch Two (LPBB) securities is covered in this filing?

The filing covers Class A common stock of Launch Two Acquisition Corp. It identifies the securities by CUSIP G5S87A105 and reports Meteora Capital’s and Vik Mittal’s beneficial ownership and associated voting and dispositive powers as of 12/31/2025.

When is the ownership date of record in Meteora’s Launch Two (LPBB) filing?

The date of the event requiring this ownership report is 12/31/2025. As of that date, Meteora Capital and Vik Mittal report beneficial ownership of 1,597,699 Launch Two Acquisition Corp. Class A common shares, representing 6.9465% of that class.