Launch Two Acquisition secures $848K working capital loan from sponsor; pledges founder shares

Launch Two Acquisition Corp.

Working capital note of $848,000 from sponsor, 8% interest, 10% prepayment penalty, maturity at business combination or 6 months.
Sponsor pledged 2,932,500 Class B shares (51% of founder shares) as collateral under credit agreement with SRX Global Inc.
Sponsor to transfer 150,000 Class B shares to lender as consideration upon business combination.
Consulting agreement with Strategic Capital Advisories: 350,000 Class B shares at $0.04/share for consulting services.
Waiver from Cantor Fitzgerald and NuCube Energy to permit pledge and transfers.

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