Launch Two Acquisition Corp.’s (NASDAQ:LPBBU) Lock-Up Period Set To Expire Tomorrow

Launch Two Acquisition’s (NASDAQ:LPBBU) lock-up period is set to end on Monday, April 7th. Launch Two Acquisition had issued 20,000,000 shares in its IPO on October 8th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the expiration of Launch Two Acquisition’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Launch Two Acquisition Stock Down 0.8 %

Shares of LPBBU opened at $10.20 on Friday. Launch Two Acquisition has a fifty-two week low of $9.97 and a fifty-two week high of $10.73.

About Launch Two Acquisition

We are a blank check company incorporated on May 13, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.