Ownership / Launch Two Acquisition Corp. | Tables in SEC filings

LPBBU Launch Two Acquisition Corp.

IPO registration (amended)

The following table shows the public shareholders’ and our sponsor’s investment per share and how these compare to the implied value of one Class A ordinary share upon the completion of our initial business combination. The following table assumes that (i) our valuation is $192,000,000 (which is the amount we would have in the trust account for our initial business combination assuming the underwriters’ over-allotment option is not exercised and following payment of the underwriters’ deferred fee), (ii) no interest is earned on the funds held in the trust account, (iii) no public shares are redeemed in connection with our initial business combination and (iv) all founder shares are held by our initial shareholders upon completion of our initial business combination, and does not take into account other potential impacts on our valuation at the time of the initial business combination, such as (i) the value of our public and private placement warrants, (ii) the trading price of our Class A ordinary shares, (iii) the initial business combination transaction costs (other than the payment of $9,000,000 of deferred underwriting commissions), (iv) any equity issued or cash paid to the target’s sellers, (v) any equity issued to other third party investors, or (vi) the target’s business itself.

Public shares		20,000,000
Founder shares		5,000,000
Total shares		25,000,000
Total funds in trust available for initial business combination	$	192,000,000
Public shareholders’ investment per Class A ordinary share(1)	$	10.00
Sponsor’s investment per Class B ordinary share(2)	$	0.004
Initial implied value per public share	$	10.05
Implied value per public share upon consummation of initial business combination(2)	$	7.68

Assets
Current assets - prepaid expenses	$	34,603
Deferred offering costs		494,336
Total Assets	$	528,939

Liabilities and Shareholder’s Deficit
Current liabilities
Accrued offering costs	$	216,160
Due to related party		42,923
Promissory note - related party		300,000
Total current liabilities		559,083
Total Liabilities		559,083

Commitments and Contingencies (Note 6)

Shareholder’s Deficit
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding		—
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; none issued or outstanding		—
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 5,750,000 shares issued and outstanding(1)		575
Additional paid-in capital		24,425
Accumulated deficit		(55,144)
Total Shareholder’s Deficit		(30,144)
Total Liabilities and Shareholder’s Deficit	$	528,939

	Class A Ordinary Shares				Class B Ordinary Shares				Additional Paid-in		Accumulated		Total Shareholder’s
	Shares		Amount		Shares		Amount		Capital		Deficit		Deficit
Balance — May 13, 2024 (inception)		—	$	—		—	$	—	$	—	$	—	$	—

Class B ordinary shares issued to Sponsor(1)		—		—		5,750,000		575		24,425		—		25,000

Net loss		—		—		—		—		—		(39,060)		(39,060)

Balance – June 30, 2024		—		—		5,750,000		575		24,425		(39,060)		(14,060)

Net loss		—		—		—		—		—		(16,084)		(16,084)

Balance – September 30, 2024		—	$	—		5,750,000	$	575	$	24,425	$	(55,144)	$	(30,144)

Cash flows from operating activities:
Net loss	$	(55,144)
Adjustments to reconcile net loss to net cash used in operating activities:
Payment of expenses through promissory note – related party		48,700
General and administrative costs applied to prepaids contributed by Sponsor through promissory note – related party		5,106
Changes in operating assets and liabilities:
Prepaid expenses		1,338
Net cash used in operating activities		—

Net change in cash		—
Cash, beginning of the period		—
Cash, end of the period	$	—

Supplemental disclosure of cash flow information:
Deferred costs included in accrued offering costs	$	216,160
Deferred offering costs contributed by Sponsor through promissory note – related party	$	253,176
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares	$	25,000
Prepaid services contributed by Sponsor through the promissory note – related party	$	53,440

	For the Three Months Ended September 30,		For the Period from May 13, 2024 (Inception) Through September 30,
	2024		2024
General and administrative costs	$	16,084	$	55,144
Loss from operations		(16,084)		(55,144)

Net loss	$	(16,084)	$	(55,144)

Weighted average shares outstanding, Class B ordinary shares(1)		5,000,000		5,000,000
Basic and diluted net loss per share, Class B ordinary shares	$	(0.00)	$	(0.01)

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