{"url_path":"/sec/lpbbw/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/2023676/0001213900-26-055950-index.html","accession_number":"0001213900-26-055950","cik":"0002023676","ticker":"LPBB","issuer_name":"Launch Two Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2023676/0001213900-26-055950-index.html","primary_entity_key":"0002023676","primary_entity_name":"Launch Two Acquisition Corp."},"word_count":269,"has_tables":true,"body_markdown":"** **\n\n**Item 2. Unregistered Sales of Equity Securities\nand Use of Proceeds.**\n\n \n\n**Unregistered Sales of Equity Securities**\n\n \n\nThere were no sales of unregistered\nsecurities during the quarterly period covered by this Report.\n\n** **\n\n**Use of Proceeds**\n\n \n\nThere were no offerings of\nregistered securities and therefore no planned use of proceeds from such offerings during the quarterly period covered by this Report.\nFor a description of the use of proceeds generated in our Initial Public Offering and Private Placement, see Part II, Item 2 of our Quarterly\nReport on Form 10-Q for the quarterly period ended September 30, 2024, as filed with the SEC on November 19, 2024. There has been no\nmaterial change in the planned use of proceeds from our Initial Public Offering and Private Placement as described in the IPO Registration\nStatement. The specific investments in our Trust Account may change from time to time.\n\n \n\nTo mitigate the risk that\nwe might be deemed to be an investment company for purposes of the Investment Company Act, which risk increases the longer that we hold\ninvestments in the Trust Account, we may, at any time, (based on our Management Team’s ongoing assessment of all factors related\nto our potential status under the Investment Company Act) instruct the trustee to liquidate the investments held in the Trust Account\nand instead to hold the funds in the Trust Account in cash or in an interest-bearing demand deposit account at a bank.\n\n \n\n**Purchases of Equity Securities by the Issuer\nand Affiliated Purchasers**\n\n** **\n\nThere were no repurchases\nof our equity securities by us or an affiliate during the quarterly period covered by this Report."}