Launch Two Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LPBBU”, Tuesday, October 8, 2024.
The new SPAC’s primary search focus will be on technology and software infrastructure companies whose products and services target financial services, real estate and asset management companies. The Company will pursue completing a business combination with an established business of scale poised for continued growth, led by a highly regarded management team.
Launch Two’s sponsor team is to be led by Chief Executive Officer and Chairman Jay McEntee alongside Chief Financial Officer Jurgen van de Vyver. Lynn Eisenhart, Jeffrey M. Shanahan and Alfred J. Pierce III are to serve as Directors.
Total SPAC deal count for 2024 year-to-date is now 35. This offering is expected to close on Wednesday, October 9, 2024.
Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with King Spaulding LLP serving as Underwriter’s Counsel. Withum Smith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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