| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 500,596 | 619,287 | ||
| Prepaid expenses | 144,942 | 166,892 | ||
| Total current assets | 645,538 | 786,179 | ||
| Long-term prepaid insurance | 755 | 23,750 | ||
| Cash and marketable securities held in trust account | 241,011,789 | 238,504,166 | ||
| Total assets | 241,658,082 | 239,314,095 | ||
| Accrued expenses | 81,239 | 6,167 | ||
| Accrued offering costs | 75,000 | 75,000 | ||
| Total current liabilities | 156,239 | 81,167 | ||
| Deferred underwriting fee payable | - | 10,950,000 | ||
| Deferred fee payable | 10,950,000 | - | ||
| Total liabilities | 11,106,239 | 11,031,167 | ||
| Class a ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of 10.48 and 10.15 per share at september 30, 2025 and december 31, 2024, respectively | 241,011,789 | 238,504,166 | ||
| Ordinary shares value-Common Class B | 575 | 575 | ||
| Ordinary shares value-Common Class A | - | 0 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -10,460,521 | -10,221,813 | ||
| Total shareholders deficit | -10,459,946 | -10,221,238 | ||
| Total liabilities and shareholders deficit | 241,658,082 | 239,314,095 | ||
Launch Two Acquisition Corp. (LPBBU)
Launch Two Acquisition Corp. (LPBBU)