OakChart

Launch Two Acquisition Corp

LPBBFinancial·Shell Companies·USA·Small·NASD·Nov 12 • 9:30 AM ET

10.82-0.01 (-0.09%)
2026-11-12 15:47 CET
Market cap
311.07 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
7.45 USD m
Free cash flow, TTM
-0.52 USD m
EPS diluted, TTM
0.26
P/E
41.78
Compare

Price

LPBB against its 20, 50 and 200-day averages
2050200
Patternshover a marker to name it
smoothed
RS 310.4010.6010.80254K509KVolumeMar 26Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26LPBBclose 10.8220-day 10.8150-day 10.81200-day 10.6510.8252w high52w low

0.6% under the 52-week high of 10.89 on 11 Nov 2026. 52-week low 10.38 on 1 Aug 2025. Last 15 sessions, 1.0% high to low

Volume 0.00× normal · the line is the 50-bar volume average

Profile

LPBB
52-week range, 84% of the way up
10.4610.89

Launch Two Acquisition Corp. is a blank check company, which engages in effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on May 13, 2024 and is headquartered in Oakland, CA.

Employees2
IPONov 29, 2024
Beta0.01
ATR, 14d0.01
Rel volume0.00
Short float0.04%
Insider own25.00%
Inst own78.45%

Snapshot

6 groups

Valuation

Index-
Market Cap310.93M
Enterprise Value310.91M
Income7.45M
Sales0.00M
Book/sh8.20
Cash/sh0.00
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees2
IPONov 29, 2024

Ratios

P/E41.78
Forward P/E-
PEG-
P/S-
P/B1.32
P/C15546.63
P/FCF-
EV/EBITDA-
EV/Sales-
Quick Ratio0.11
Current Ratio0.11
Debt/Eq0.00
LT Debt/Eq0.00
Option/ShortNo / Yes

Earnings

EPS (ttm)0.26
EPS next Y-
EPS next Q-
EPS this Y-
EPS next Y-
EPS next 5Y-
EPS past 3/5Y- -
Sales past 3/5Y- -
EPS Y/Y TTM8.92%
Sales Y/Y TTM-
EPS Q/Q-50.91%
Sales Q/Q-
Earnings-
EPS/Sales Surpr.- -

Ownership

Insider Own25.00%
Insider Trans0.00%
Inst Own78.45%
Inst Trans-
ROA3.06%
ROE3.21%
ROIC3.16%
Gross Margin-
Oper. Margin-
Profit Margin-
SMA200.09%
SMA500.10%
SMA2001.64%
Trades-

Technical

Shs Outstand23.00M
Shs Float21.56M
Short Float0.04%
Short Ratio0.17
Short Interest0.01M
52W High10.89 -0.64%
52W Low10.46 3.44%
Volatility0.12% 0.11%
ATR (14)0.01
RSI (14)54.60
Beta0.01
Rel Volume0.00
Avg Volume44.83K
Volume2

Performance

Perf Week0.09%
Perf Month0.28%
Perf Quarter0.37%
Perf Half Y1.50%
Perf YTD3.15%
Perf Year3.24%
Perf 3Y-
Perf 5Y-
Perf 10Y-
Recom-
Target Price-
Prev Close10.83
Price10.82
Change %-0.09%

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
No quarterly earnings.

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
No annual earnings.

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
No estimate revisions.

Estimate history

EPS, annual0.0770.310.259
Period20242025TTM
EPS, quarterly-0.001-0.0010.0790.0770.0820.0790.0720.0680.04
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Sales, annual000
Period20242025TTM
Sales, quarterly000000000
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Shares, annual28.7528.7528.75
Period20242025MRQ
Shares, quarterly28.7528.7528.7528.7528.7528.7528.7528.7528.75
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY
Total Revenue0.000.000.00
Cost of Goods Sold Incl. D&A0.000.000.00
Gross Profit0.000.000.00
Selling, General and Administrative Excl. Other1.730.910.17
Other Operating Expense0.000.000.00
Operating Income-1.73-0.91-0.17
Interest Expense0.000.00-
Unusual Expense0.030.00-0.11
Net Income Before Taxes7.458.912.22
Income Taxes0.000.000.00
Consolidated Net Income7.458.912.22
Net Income From Continuing Operations7.458.912.22
Net Income7.458.912.22
EPS (Recurring)0.260.310.07
EPS (Basic, Before Extraordinaries)0.260.310.08
EPS (Diluted)0.260.310.08
EBITDA-1.73-0.91-0.17
Non-Operating Income (Expense)9.209.822.28
Other After Tax Adjustments0.000.000.00
Price To Earnings Ratio41.7841.78-
Shares Outstanding28.7528.7528.75
Market Capitalization311.07311.07286.06

Income statement, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q3
Total Revenue0.000.000.000.000.000.000.000.00
Cost of Goods Sold Incl. D&A0.000.000.000.000.000.000.000.00
Gross Profit0.000.000.000.000.000.000.000.00
Selling, General and Administrative Excl. Other1.010.190.290.240.180.210.120.02
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income-1.01-0.19-0.29-0.24-0.18-0.21-0.12-0.02
Interest Expense0.000.000.000.000.000.00--
Unusual Expense0.000.000.000.030.00-2.42-0.110.00
Net Income Before Taxes1.161.952.062.272.372.222.27-0.02
Income Taxes0.000.000.000.000.000.000.000.00
Consolidated Net Income1.161.952.062.272.372.222.27-0.02
Net Income From Continuing Operations1.161.952.062.272.372.222.27-0.02
Net Income1.161.952.062.272.372.222.27-0.02
EPS (Recurring)0.040.070.070.080.080.020.08-0.00
EPS (Basic, Before Extraordinaries)0.040.070.070.080.080.080.08-0.00
EPS (Diluted)0.040.070.070.080.080.080.08-0.00
EBITDA-1.01-0.19-0.29-0.24-0.18-0.21-0.12-0.02
Non-Operating Income (Expense)2.172.152.352.532.540.002.280.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Price To Earnings Ratio41.7834.2633.06-----
Shares Outstanding28.7528.7528.7528.7528.7528.7528.7528.75
Market Capitalization311.07305.32301.59300.44299.57290.95286.06286.06

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY
Cash & Short Term Investments0.250.94
Short Term Receivables0.000.00
Inventories0.000.00
Other Current Assets0.110.20
Total Current Assets0.361.13
Net Property, Plant & Equipment0.000.00
Total Investments and Advances243.36233.54
Intangible Assets0.000.00
Other Assets0.000.07
Total Assets243.72234.74
Short Term Debt Incl. Current Port. of LT Debt0.000.00
Accounts Payable0.000.00
Other Current Liabilities0.160.09
Total Current Liabilities0.160.09
Long Term Debt0.000.00
Provision for Risks Charges0.000.00
Other Liabilities10.9510.95
Total Liabilities11.1111.04
Non-Equity Reserves0.000.00
Preferred Stock - Carrying Value0.000.00
Common Equity232.61223.70
Total Shareholders Equity232.61223.70
Accumulated Minority Interest0.000.00
Total Equity232.61223.70
Total Liabilities & Stockholders Equity243.72234.74
Book Value Per Share8.097.78
Tangible Book Value Per Share8.097.78
Full-Time Employees22
Price to Book Ratio1.32-9,476.19
Return on Assets3.73-
Return on Equity3.91-
Return on Invested Capital3.830.99
Quick Ratio2.3012.42
Current Ratio2.3012.42

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY
Net Income7.458.912.22
Other Funds (Non Cash)-9.18-9.82-2.30
Funds from Operations-1.73-0.91-0.09
Extraordinary Item0.000.000.00
Changes in Working Capital1.210.30-0.25
Cash from Operating Activities-0.52-0.61-0.33
Capital Expenditures0.000.000.00
Net Assets From Acquisitions0.000.000.00
Sale of Fixed Assets and Businesses0.000.000.00
Purchase or Sale of Investments0.000.00-231.15
Purchase of Investments0.000.00-231.15
Sale Or Maturity of Investments0.000.000.00
Other Uses0.000.000.00
Other Sources0.000.000.00
Cash from Investing Activities0.000.00-231.15
Cash Dividends Paid0.000.000.00
Change in Capital Stock-0.07-0.07232.76
Repurchase of Common Pref Stock0.000.000.00
Sale of Common Pref Stock-0.07-0.07232.76
Proceedsfrom Stock Options-0.07-0.07232.76
Issuance or Reduction of Debt, Net0.000.00-0.34
Change in Long Term Debt0.000.000.00
Issuance of Long Term Debt0.000.000.00
Reduction of Long Term Debt0.000.000.00
Net Financing Active Other Cash Flow0.000.000.00
Other Financing Activities Uses0.000.000.00
Cash from Financing Activities-0.07-0.07232.42
Net Change in Cash-0.60-0.690.94
Free Cash Flow-0.52-0.61-0.33
Preferred Dividends (Cash Flow)-0.000.00
Deferred Taxes & Investment Tax Credit-0.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Cash & Short Term Investments0.020.140.250.500.620.82
Short Term Receivables0.000.000.000.000.000.00
Inventories0.000.000.000.000.000.00
Other Current Assets0.090.150.110.140.170.19
Total Current Assets0.120.290.360.650.791.01
Net Property, Plant & Equipment0.000.000.000.000.000.00
Total Investments and Advances247.68245.51243.36241.01238.50235.96
Intangible Assets0.000.000.000.000.000.00
Other Assets0.000.000.000.000.020.05
Total Assets247.80245.80243.72241.66239.31237.02
Short Term Debt Incl. Current Port. of LT Debt0.000.000.000.000.000.00
Accounts Payable0.000.000.000.000.000.00
Other Current Liabilities1.120.280.160.160.080.16
Total Current Liabilities1.120.280.160.160.080.16
Long Term Debt0.000.000.000.000.000.00
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities10.9510.9510.9510.9510.9510.95
Total Liabilities12.0711.2311.1111.1111.0311.11
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity235.73234.57232.61230.55228.28225.92
Total Shareholders Equity235.73234.57232.61230.55228.28225.92
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity235.73234.57232.61230.55228.28225.92
Total Liabilities & Stockholders Equity247.80245.80243.72241.66239.31237.02
Book Value Per Share8.208.168.098.027.947.86
Tangible Book Value Per Share8.208.168.098.027.947.86
Full-Time Employees--2---
Price to Book Ratio1.321.311.311.321.331.30
Return on Assets3.063.583.737.535.71-
Return on Equity3.213.763.917.915.99-
Return on Invested Capital0.490.830.890.981.040.98
Quick Ratio0.111.032.304.139.696.48
Current Ratio0.111.032.304.139.696.48

Cash flow, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Net Income1.161.952.062.272.372.22
Other Funds (Non Cash)-2.17-2.15-2.35-2.51-2.54-2.42
Funds from Operations-1.01-0.19-0.29-0.24-0.18-0.21
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital0.890.090.110.12-0.030.09
Cash from Operating Activities-0.12-0.11-0.18-0.12-0.20-0.12
Capital Expenditures0.000.000.000.000.000.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities0.000.000.000.000.000.00
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.00-0.070.000.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.000.00-0.070.000.000.00
Proceedsfrom Stock Options0.000.00-0.070.000.000.00
Issuance or Reduction of Debt, Net0.000.000.000.000.000.00
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow0.000.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.00
Cash from Financing Activities0.000.00-0.070.000.000.00
Net Change in Cash-0.12-0.11-0.25-0.12-0.20-0.12
Free Cash Flow-0.12-0.11-0.18-0.12-0.20-0.12

Revenue breakdown

Revenue split-

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.04%0.0M21.6M56.57K
2026-10-150.03%0.0M21.6M75.26K
2026-09-300.01%0.0M28.8M64.50K
2026-09-150.01%0.0M23.0M60.72K
2026-08-310.01%0.0M23.0M58.94K
2026-08-140.01%0.0M23.0M63.17K
2026-07-310.06%0.0M23.0M73.26K
2026-07-150.01%0.0M23.0M53.44K
2026-06-300.01%0.0M23.0M50.94K
2026-06-150.01%0.0M23.0M53.64K
2026-05-290.01%0.0M23.0M48.81K
2026-05-150.01%0.0M23.0M52.33K
2026-04-300.01%0.0M23.0M38.96K
2026-04-150.01%0.0M23.0M28.58K
2026-03-310.02%0.0M23.0M30.44K
2026-03-130.01%0.0M23.0M15.52K
2026-02-270.01%0.0M23.0M16.30K
2026-02-130.01%0.0M23.0M17.24K
2026-01-300.01%0.0M23.0M16.49K
2026-01-150.01%0.0M23.0M14.74K

Option chain

expiry 2026-11-12
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
No option chain for this symbol.

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-11-09SCHEDULE 13GSEC
2026-11-05425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-11-03425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-29425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-27425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-23425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-208-KCurrent report2026-10-19SEC
2026-10-20425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-19425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-15425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-13425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-098-KCurrent report2026-10-08SEC
2026-10-08425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-07DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-078-KCurrent report2026-10-07SEC
2026-10-06425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-05DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-058-KCurrent report2026-10-05SEC
2026-10-02425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-01425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-10-01DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-018-KCurrent report2026-09-30SEC
2026-09-29425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-09-24425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-09-22425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-09-17425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-09-15425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-09-15425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
Magnetar Financial LLC6.89%
AQR Arbitrage LLC4.68%
LINDEN ADVISORS LP4.51%
D. E. Shaw & Co., Inc.3.96%
LMR Partners LLP3.48%
Alberta Investment Management Corp3.41%
Mint Tower Capital Management B.V.3.41%
Westchester Capital Management, LLC3.30%
BERKLEY W R CORP2.95%
PICTON MAHONEY ASSET MANAGEMENT2.78%

Funds

Fund% owned
The Merger Fund3.09%
AQR Diversified Arbitrage Fund0.23%
RiverNorth Opportunities Fund Inc.0.19%
JNL Multi-Manager Alternative Fund0.16%
Rivernorth Enhanced Pre-Merger SPAC ETF0.03%
Fidelity Nasdaq Composite Index Fund0.03%
Virtus Westchester Credit Event Fund0.03%
The Merger Fund VL0.02%

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