Launch Two Acquisition Corp.: extends business combination deadline to Apr 9, 2027

What happened

• Launch Two Acquisition Corp. reported that on Oct 8, 2026, at an extraordinary general meeting, shareholders approved the Extension Amendment to extend the company’s Combination Period on a monthly basis, up to 6 times, from Oct 9, 2026 to Apr 9, 2027.
• In connection with the Meeting, the company entered into Non-Redemption Agreements with certain investors covering an aggregate of 4,481,851 Class A ordinary shares. Launch Two Sponsor LLC agreed to transfer 256,061 Class A ordinary shares per month to those investors for each month of any extension from Oct 9, 2026 until Apr 9, 2027, as needed, with such transfers conditioned on specified investor actions and approval of the Extension Amendment.

Key details

• Extension Amendment vote (holders of the ordinary shares): For 21,221,691; Against 2,558,191; Abstentions 0; Broker non-votes 0.
• Auditor ratification vote: For 23,647,778; Against 2,558,145; Abstentions 0; Broker non-votes 0. The Board’s Audit Committee selected WithumSmith+Brown, PC as independent registered public accounting firm for the year ending Dec 31, 2026.
• Meeting redemptions: holders of 18,322,071 Public Shares validly redeemed at approximately $10.84 per share, for an aggregate redemption amount of approximately $198,600,000. Following those redemptions, 4,677,929 Public Shares remain issued and outstanding.
• The company filed the special resolution with the Cayman Islands Registrar of Companies on Oct 8, 2026; under Cayman Islands law the Extension Amendment took effect upon shareholder approval.

Why it may matter

• Item 1.01 reports entry into material definitive agreements (the Non-Redemption Agreements) tied to the shareholder vote and sponsor share transfers. Item 5.03 reports the amendment to the company’s amended and restated memorandum and articles of association (the Extension Amendment). Item 5.07 reports the submission of the Extension Amendment Proposal and the Auditor Ratification Proposal to a vote and the voting results. The filing does not show why the insider traded or why the company acted.