Recent Updates — LPAAU

On July 6, 2026, Launch One Acquisition Corp. issued 5,749,999 Class A ordinary shares to its sponsor, Launch One Sponsor LLC, through the conversion of an equal number of Class B ordinary shares. Following this conversion, the company has 28,749,999 Class A ordinary shares and 1 Class B ordinary share outstanding. Additionally, the company and its sponsor intend to enter into non-redemption agreements with certain shareholders to support an Extension Amendment Proposal. This proposal seeks to extend the deadline for completing a business combination from July 15, 2026, to January 15, 2027. Launch One Acquisition Corp. is a special purpose acquisition company.

Launch One Acquisition Corp. postponed its extraordinary general meeting from July 7, 2026, to July 10, 2026. The meeting's primary purpose is to vote on an amendment to extend the deadline for consummating an initial business combination from July 15, 2026, to January 15, 2027. Consequently, the deadline for shareholders to exercise redemption rights has been extended to July 8, 2026. The company is a special purpose acquisition company (SPAC) designed to effect a business combination.