Launch Two Sponsor LLC - 30 Sep 2026 Form 4 Insider Report for Launch Two Acquisition Corp. (LPBB)

Reporting relationship: 10%+ Owner
Issuer ticker: LPBB
Reported as of: 30 Sep 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Oct 2026, 08:30:31 UTC
Prior SEC filing: 07 Oct 2024
Source filing: View source filing
Reporting owner signature: /s/ Ryan Gilbert, Managing Member of Launch One Sponsor LLC

Key filing fact

Launch Two Sponsor LLC filed Form 4 for Launch Two Acquisition Corp. (LPBB) on 02 Oct 2026.

Key facts

This page summarizes Launch Two Sponsor LLC's Form 4 filing for Launch Two Acquisition Corp. (LPBB).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Oct 2026, 08:30.

Change

Previous filing in this sequence was filed on 07 Oct 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0002030659 Primary reporting owner

Launch Two Sponsor LLC

Relationship: 10%+ Owner
Address: 180 GRAND AVENUE, SUITE 1530, OAKLAND
Signature: /s/ Ryan Gilbert, Managing Member of Launch One Sponsor LLC
Signature date: 02 Oct 2026

CIK 0001821098

Gilbert Ryan Mark

Relationship: Director, 10%+ Owner
Address: 180 GRAND AVENUE, SUITE 1530, NEW YORK
Signature: /s/ Ryan Gilbert
Signature date: 02 Oct 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LPBB transaction

Class A ordinary shares

Conversion of derivative security

Transaction value
Shares: +5,749,999
Change %
Price
Shares after: 5,749,999
Date: 30 Sep 2026
Ownership: Direct
Footnotes: F1, F2

LPBB transaction

Class A ordinary shares

Conversion of derivative security

Transaction value
Shares: +5,749,999
Change %
Price
Shares after: 5,749,999
Date: 30 Sep 2026
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LPBB transaction Derivative

Class B ordinary shares

Conversion of derivative security

Transaction value
Shares: -5,749,999
Change %: -100%
Price: $0.000000^*
Shares after: 1
Date: 30 Sep 2026
Ownership: Direct
Underlying class: Class A ordinary shares
Underlying amount: 5,749,999
Exercise price
Footnotes: F1, F2

LPBB transaction Derivative

Class B ordinary shares

Conversion of derivative security

Transaction value
Shares: -5,749,999
Change %: -100%
Price: $0.000000^*
Shares after: 1
Date: 30 Sep 2026
Ownership: Direct
Underlying class: Class A ordinary shares
Underlying amount: 5,749,999
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The Class B ordinary shares are convertible, at the option of the holder, into Class A ordinary shares on a one-for-one basis, for no additional consideration, and have no expiration date. On September 30, 2026, the Reporting Persons elected to convert 5,749,999 Class B ordinary shares held by them into 5,749,999 Class A ordinary shares.

Footnote F2

Ryan Gilbert, Chairman of the board of directors of the Issuer, is the sole managing member of Launch Two Sponsor LLC (the "Sponsor") and holds voting and investment discretion with respect to the securities held of record by the Sponsor. As such, Mr. Gilbert may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Gilbert disclaims any beneficial ownership except to the extent of his pecuniary interest therein.