Launch One Acquisition Corp. converts Class B shares, seeks extension to Jan 2027 via non-redemption agreements

Launch One Acquisition Corp.

Converted 5,749,999 Class B ordinary shares to Class A shares; now 28,749,999 Class A outstanding.
EGM scheduled to vote on extension of business combination deadline from July 15, 2026 to January 15, 2027.
Sponsor to enter non-redemption agreements: investors forgo redemption and vote for extension in exchange for sponsor's Class A shares.
Non-redemption agreements expected to increase likelihood of extension approval and retain trust account funds.

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