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.