other material
confidence high
sentiment neutral
materiality 0.70
Launch Two Acquisition Corp. completes $230M IPO and $7.075M private placement
Launch Two Acquisition Corp.
- Company sold 23,000,000 units at $10.00 per unit, generating gross proceeds of $230,000,000.
- Simultaneously closed private placement of 7,075,000 warrants to sponsor and Cantor Fitzgerald for $7,075,000.
- Total of $231,150,000 placed in trust account, or $10.05 per unit, from IPO and private placement.
- IPO includes full exercise of underwriters' over-allotment option of 3,000,000 units.
- Audited balance sheet as of October 9, 2024 filed as exhibit to the 8-K.