Launch Two Acquisition converts 5,749,999 Class B shares into unregistered Class A shares for sponsor
Bitget2026/10/01 19:30- Launch Two Acquisition issued 5,749,999 unregistered Class A ordinary shares to sponsor Launch Two Sponsor LLC on Sept. 30, 2026.
- Shares were issued on conversion of an equal number of the sponsor’s Class B ordinary shares.
- Class A shares remain subject to the sponsor’s existing transfer limits, redemption waiver, and voting commitment for a business combination.
- Post-conversion share count: 28,749,999 Class A shares outstanding; 1 Class B share outstanding.
- Issuance relied on the Securities Act Section 3(a)(9) exemption from registration.
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