Bank of Nova Scotia (LPBB) discloses 31,400-share stake in Launch Two

Rhea-AI Filing Summary

The Bank of Nova Scotia has filed an amended Schedule 13G reporting its beneficial ownership of Class A ordinary shares of Launch Two Acquisition Corp. The filing shows that the bank beneficially owns 31,400 Class A shares, representing 0.14% of this class. All of these shares are reported with sole voting and sole dispositive power, with no shared power reported.

The Bank of Nova Scotia makes this filing in its capacity as a parent holding company under the applicable beneficial ownership rules and confirms that it holds 5 percent or less of the class. The filing also includes a certification that the foreign regulatory scheme applicable to The Bank of Nova Scotia is substantially comparable to that of functionally equivalent U.S. institutions.

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 Ordinary Shares

(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

BANK OF NOVA SCOTIA

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

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 31,400.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 31,400.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

31,400.00

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)

0.14 %

12

Type of Reporting Person (See Instructions)

FI

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, CALIFORNIA 94612
Item 2.
(a)	Name of person filing: BANK OF NOVA SCOTIA
(b)	Address or principal business office or, if none, residence: 40 TEMPERANCE STREET TORONTO, Ontario, Canada M5H 0B4
(c)	Citizenship: BANK OF NOVA SCOTIA - CANADA (FEDERAL LEVEL)
(d)	Title of class of securities: Class A Ordinary Shares
(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).
	A parent holding company, in accordance with 13d-1(b)(i)(ii)(g)
Item 4.	Ownership
(a)	Amount beneficially owned: 31,400
(b)	Percent of class: 0.14 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: BANK OF NOVA SCOTIA - 31,400
	(ii) Shared power to vote or to direct the vote: BANK OF NOVA SCOTIA - 0
	(iii) Sole power to dispose or to direct the disposition of: BANK OF NOVA SCOTIA - 31,400
	(iv) Shared power to dispose or to direct the disposition of: BANK OF NOVA SCOTIA - 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
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 foreign regulatory scheme applicable to The Bank of Nova Scotia is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

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.

BANK OF NOVA SCOTIA

Signature:	Raj Sachdeva
Name/Title:	Vice President, Head of GBM&T, Compliance Canada
Date:	01/27/2026

FAQ

What does The Bank of Nova Scotia’s Schedule 13G/A disclose about LPBB?

The filing discloses that The Bank of Nova Scotia beneficially owns 31,400 Class A ordinary shares of Launch Two Acquisition Corp. (LPBB), representing 0.14% of that class.

How much of LPBB’s Class A shares does The Bank of Nova Scotia control?

The Bank of Nova Scotia reports beneficial ownership of 31,400 Class A ordinary shares of LPBB, which is 0.14% of the outstanding Class A shares.

Does The Bank of Nova Scotia have sole or shared voting power over its LPBB shares?

The Bank of Nova Scotia reports sole voting power over 31,400 LPBB Class A shares and no shared voting power.

What dispositive power does The Bank of Nova Scotia report over LPBB shares?

The filing states that The Bank of Nova Scotia has sole dispositive power over 31,400 LPBB Class A shares and no shared dispositive power.

Why is this LPBB ownership reported on a Schedule 13G/A?

The ownership is reported on a Schedule 13G/A because The Bank of Nova Scotia is filing as a parent holding company and its beneficial ownership of LPBB’s Class A shares is 5 percent or less of the class.

Who signed The Bank of Nova Scotia’s ownership report for LPBB?

The statement is signed by Raj Sachdeva, identified as Vice President, Head of &T, Compliance Canada, certifying that the information is true, complete, and correct.