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.
Horizon Space II (NASDAQ:HPSTU) has filed for a $60 million IPO to be the latest entry in the smaller tier of SPACs and underwriters to put a fresh try in motion. Since August 1, nine of the 17 new SPAC S-1’s have sought less than $200 million in their IPOs and smaller institutions like BTIG...
Flag Ship (NASDAQ:FSHP) has entered into a definitive agreement to combine with optoelectronics firm Great Rich Technologies (KOSDAQ:900290) for undisclosed terms. Great Rich manufacturers polypropylene products for consumer electronics including precision films and coatings for sensitive instruments. The combined company is expected to list American Depositary Shares (ADSs), which will trade on the Nasdaq once...
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Investcorp AI (NASDAQ:IVCA) has advanced to a definitive agreement to combine with software firm Bigtincan (ASX:BTH) at an equity value of $275 million. Sydney, Australia-based Bigtincan provides a software platform for enterprise clients to onboard and optimize employee performance. The combined company is expected to trade on the Nasdaq once the deal is completed in...