| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 97,652 | - | ||
| Other receivable | 31,500 | 31,500 | ||
| Cash | - | 263,740 | ||
| Short-term prepaid insurance | - | 103,180 | ||
| Due from sponsor | 27,340 | 27,340 | ||
| Short-term prepaid insurance | 79,391 | 169,860 | ||
| Prepaid expenses | 153,376 | - | ||
| Total current assets | 389,259 | 595,620 | ||
| Long-term prepaid insurance | - | 2,006 | ||
| Cash and marketable securities held in trust account | 243,082,744 | 240,554,492 | ||
| Total assets | 243,472,003 | 241,152,118 | ||
| Accrued expenses | 721,292 | 412,449 | ||
| Total current liabilities | 721,292 | 412,449 | ||
| Deferred underwriting fee payable | 10,950,000 | 10,950,000 | ||
| Total liabilities | 11,671,292 | 11,362,449 | ||
| Class a ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of approximately 10.56 and 10.24 per share as of september 30, 2025 and december 31, 2024, respectively | 243,082,744 | 240,554,492 | ||
| Ordinary shares, value-Common Class B | 575 | 575 | ||
| Ordinary shares, value-Common Class A | - | 0 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -11,282,608 | -10,765,398 | ||
| Total shareholders deficit | -11,282,033 | -10,764,823 | ||
| Total liabilities, ordinary shares subject to possible redemption, and shareholders deficit | 243,472,003 | 241,152,118 | ||
Launch One Acquisition Corp. (LPAAW)
Launch One Acquisition Corp. (LPAAW)