LPBB · Launch Two Acquisition Corp. · Holdings
$10.82
+0.01 (+0.05%)
At close · Sep 11
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“In connection with our assessment of going concern considerations in accordance with FASB ASC Topic 205-40, "Presentation of Financial Statements—Going Concern", Management has determined that we currently lack the liquidity we need to sustain operations for a reasonable period of time, which is considered to be at least one year from the date that the unaudited condensed consolidated financial statements and the notes thereto included elsewhere in this Report are issued, as we expect to continue to incur significant costs in pursuit of our acquisition plans. In addition, Management has determined that if we are unable to complete an initial Business Combination within the Combination Period, then we will cease all operations except for the purpose of liquidating. These conditions raise substantial doubt about our ability to continue as a going concern. Management plans to consummate an initial Business Combination prior to the end of the Combination Period. No adjustments have been made to the carrying amounts of assets or liabilities should we be required to liquidate after October 9, 2026. There can be no assurance that our plans to raise capital or to consummate an initial Business Combination will be successful.”View the 10-Q filed Aug 14, 2026
Market Cap
$310.93M
Shares
28.75M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 57
Total Value: $239,985,302
Total Shares: 32,500,580
Institutional Ownership Trend
7 quarters
Holder Concentration
Across 57 13F filers · Δ vs Mar 31, 2026Top Holder
8.8%
+0.1 pts
Top 5
30.6%
−1.9 pts
Top 10
51.8%
−1.6 pts
HHI
387
Broadly held−13
Quarterly Activity
vs Mar 31, 2026
New
4
Increased
8
Decreased
19
Sold Out
3
Unchanged
26
Holder count:
+1
Institutional value:
+0.3%
Shares held:
-1.9%
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mid MIZUHO SECURITIES USA LLC | +673,665 | 1,081,007 | |
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC | +512,617 | 628,029 | |
| Large TORONTO DOMINION BANK | +166,406 | 496,506 | |
| Mid GLAZER CAPITAL, LLC | +140,397 | 862,077 | |
| Large Schonfeld Strategic Advisors LLC | +31,520 | 50,000 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Small METEORA CAPITAL, LLC | −1,449,008 | 345,900 | |
| Large Verition Fund Management LLC | −134,199 | 656,395 | |
| Small CSS LLC/IL | −108,011 | 1,170,982 | |
| Mid AQR Arbitrage LLC | −107,081 | 2,134,524 | |
| Small Wealthspring Capital LLC | −89,557 | 167,634 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Small StoneX Group Inc. | 138,961 | $1,489,661 | |
| Mid Arax Advisory Partners | 1,500 | $10,720 | |
| Small Lineage Point Capital LP | 47,500 | $0 | |
| Large Parallax Volatility Advisers, L.P. | 52,957 | $0 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Small DELTEC ASSET MANAGEMENT LLC | 150,000 | $1,593,000 | |
| Small ABC ARBITRAGE SA | 20,000 | $212,400 | |
| Mid Saba Capital Management, L.P. | 14,427 | $0 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mid Magnetar Financial LLC | $21,225,600 | 8.84% | 1,980,000 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC | $14,423,695 | 6.01% | 1,345,494 | Shares | 2026-08-14 | |
| Mid Linden Advisors LP | $13,901,696 | 5.79% | 1,296,800 | Shares | 2026-08-14 | |
| Mega D. E. Shaw & Co., Inc. | $12,204,720 | 5.09% | 1,138,500 | Shares | 2026-08-14 | |
| Mid MIZUHO SECURITIES USA LLC Broker-Dealer | $11,588,395 | 4.83% | 1,081,007 | Shares | 2026-07-28 | |
| Large LMR Partners LLP | $10,720,000 | 4.47% | 1,000,000 | Shares | 2026-08-14 | |
| Small Mint Tower Capital Management B.V. | $10,505,600 | 4.38% | 980,000 | Shares | 2026-08-18 | |
| Mid Alberta Investment Management Corp | $10,505,600 | 4.38% | 980,000 | Shares | 2026-08-06 | |
| Mid Westchester Capital Management, LLC | $10,183,999 | 4.24% | 950,000 | Shares | 2026-08-14 | |
| Mid BERKLEY W R CORP | $9,089,852 | 3.79% | 847,934 | Shares | 2026-08-14 | |
| Large PICTON MAHONEY ASSET MANAGEMENT | $8,576,000 | 3.57% | 800,000 | Shares | 2026-08-13 | |
| Mega GOLDMAN SACHS GROUP INC | $7,675,712 | 3.20% | 716,018 | Shares | 2026-08-14 | |
| Mid GLAZER CAPITAL, LLC | $7,627,440 | 3.18% | 711,515 | Shares | 2026-08-17 | |
| Large Verition Fund Management LLC | $7,036,554 | 2.93% | 656,395 | Shares | 2026-08-14 | |
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC | $6,732,470 | 2.81% | 628,029 | Shares | 2026-08-14 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC | $6,042,392 | 2.52% | 563,656 | Shares | 2026-08-14 | |
| Mega TWO SIGMA INVESTMENTS, LP | $5,360,000 | 2.23% | 500,000 | Shares | 2026-08-14 | |
| Mid Polar Asset Management Partners Inc. | $5,358,928 | 2.23% | 499,900 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. | $5,252,231 | 2.19% | 489,947 | Shares | 2026-08-14 | |
| Mid MMCAP International Inc. SPC | $5,145,600 | 2.14% | 480,000 | Shares | 2026-08-14 | |
| Small Radcliffe Capital Management, L.P. | $4,337,880 | 1.81% | 404,653 | Shares | 2026-08-14 | |
| Small Yakira Capital Management, Inc. | $4,247,553 | 1.77% | 396,227 | Shares | 2026-08-13 | |
| Mid WHITEBOX ADVISORS LLC | $3,752,000 | 1.56% | 350,000 | Shares | 2026-08-14 | |
| Large TORONTO DOMINION BANK Bank | $3,216,000 | 1.34% | 300,000 | Shares | 2026-08-14 | |
| Large COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $3,060,034 | 1.28% | 285,451 | Shares | 2026-07-17 | |
| Small CSS LLC/IL | $2,821,621 | 1.18% | 263,211 | Shares | 2026-08-14 | |
| Large Hudson Bay Capital Management LP | $2,691,373 | 1.12% | 251,061 | Shares | 2026-08-14 | |
| Small METEORA CAPITAL, LLC | $2,672,496 | 1.11% | 249,300 | Shares | 2026-08-14 | |
| Small Periscope Capital Inc. | $2,651,056 | 1.10% | 247,300 | Shares | 2026-08-11 | |
| Mid Karpus Management, Inc. | $2,619,968 | 1.09% | 244,400 | Shares | 2026-08-14 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | $2,521,301 | 1.05% | 235,196 | Shares | 2026-08-10 | |
| Mega MILLENNIUM MANAGEMENT LLC | $2,041,924 | 0.85% | 190,478 | Shares | 2026-08-14 | |
| Micro L1 Global Manager Pty Ltd | $1,876,000 | 0.78% | 175,000 | Shares | 2026-08-13 | |
| Small Wealthspring Capital LLC | $1,797,036 | 0.75% | 167,634 | Shares | 2026-07-15 | |
| Micro GRITSTONE ASSET MANAGEMENT LLC | $1,573,910 | 0.66% | 146,820 | Shares | 2026-08-06 | |
| Small StoneX Group Inc. | $1,489,661 | 0.62% | 138,961 | Shares | 2026-08-12 | |
| Small Context Capital Management, LLC | $1,340,000 | 0.56% | 125,000 | Shares | 2026-07-23 | |
| Small Shaolin Capital Management LLC | $1,279,689 | 0.53% | 119,374 | Shares | 2026-08-14 | |
| Mid MOORE CAPITAL MANAGEMENT, LP | $1,072,000 | 0.45% | 100,000 | Shares | 2026-08-14 | |
| Mid SONA ASSET MANAGEMENT (US) LLC | $1,072,000 | 0.45% | 100,000 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. | $743,067 | 0.31% | 69,316 | Shares | 2026-08-12 | |
| Micro Kepos Capital LP | $536,000 | 0.22% | 50,000 | Shares | 2026-08-13 | |
| Mid READYSTATE ASSET MANAGEMENT LP | $268,000 | 0.11% | 25,000 | Shares | 2026-08-14 | |
| Large Schonfeld Strategic Advisors LLC | $268,000 | 0.11% | 25,000 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. LPBBU | $239,093 | 0.10% | 22,016 | Shares | 2026-08-12 | |
| Mega BNP PARIBAS ARBITRAGE, SA | $177,930 | 0.07% | 16,598 | Shares | 2026-08-13 | |
| Small ROBINSON CAPITAL MANAGEMENT, LLC | $163,480 | 0.07% | 15,250 | Shares | 2026-08-12 | |
| Small DLD Asset Management, LP | $138,384 | 0.06% | 12,909 | Shares | 2026-08-13 | |
| Micro Cannon Global Investment Management, LLC | $137,216 | 0.06% | 12,800 | Shares | 2026-07-30 | |
| Mid Arax Advisory Partners | $10,720 | 0.00% | 1,000 | Shares | 2026-08-10 | |
| Mega UBS Group AG LPBBU | $8,677 | 0.00% | 799 | Shares | 2026-08-13 | |
| Mid GLAZER CAPITAL, LLC LPBBU | $4,213 | 0.00% | 388 | Shares | 2026-08-17 | |
| Mega MORGAN STANLEY | $536 | 0.00% | 50 | Shares | 2026-08-13 | |
| Small CSS LLC/IL LPBBW | — | — | 907,771 | Shares | 2026-08-14 | |
| Large TORONTO DOMINION BANK Bank LPBBW | — | — | 196,506 | Shares | 2026-08-14 | |
| Mid Westchester Capital Management, LLC LPBBW | — | — | 124,999 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. LPBBW | — | — | 125,000 | Shares | 2026-08-14 | |
| Mid Linden Advisors LP LPBBW | — | — | 499,000 | Shares | 2026-08-14 | |
| Mega UBS Group AG LPBBW | — | — | 370 | Shares | 2026-08-13 | |
| Large LMR Partners LLP LPBBW | — | — | 500,000 | Shares | 2026-08-14 | |
| Small Lineage Point Capital LP LPBBW | — | — | 47,500 | Shares | 2026-08-14 | |
| Small Yakira Capital Management, Inc. LPBBW | — | — | 147,485 | Shares | 2026-08-13 | |
| Mid GLAZER CAPITAL, LLC LPBBW | — | — | 150,174 | Shares | 2026-08-17 | |
| Large Hudson Bay Capital Management LP LPBBW | — | — | 50,000 | Shares | 2026-08-14 | |
| Micro Kepos Capital LP LPBBW | — | — | 389,150 | Shares | 2026-08-13 | |
| Small Mint Tower Capital Management B.V. LPBBW | — | — | 442,600 | Shares | 2026-08-18 | |
| Mid Alberta Investment Management Corp LPBBW | — | — | 490,000 | Shares | 2026-08-06 | |
| Mega BARCLAYS PLC LPBBW | — | — | 390 | Shares | 2026-08-14 | |
| Mid MMCAP International Inc. SPC LPBBW | — | — | 490,000 | Shares | 2026-08-14 | |
| Mega BNP PARIBAS ARBITRAGE, SA LPBBW | — | — | 358,009 | Shares | 2026-08-13 | |
| Mid MOORE CAPITAL MANAGEMENT, LP LPBBW | — | — | 50,000 | Shares | 2026-08-14 | |
| Small METEORA CAPITAL, LLC LPBBW | — | — | 96,600 | Shares | 2026-08-14 | |
| Mid Polar Asset Management Partners Inc. LPBBW | — | — | 400,000 | Shares | 2026-08-14 | |
| Mid Arax Advisory Partners LPBBW | — | — | 500 | Shares | 2026-08-10 | |
| Large Schonfeld Strategic Advisors LLC LPBBW | — | — | 25,000 | Shares | 2026-08-14 | |
| Large HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Pension LPBBW | — | — | 875,000 | Shares | 2026-08-13 | |
| Large Parallax Volatility Advisers, L.P. LPBBW | — | — | 52,957 | Shares | 2026-08-14 | |
| Small K2 PRINCIPAL FUND, L.P. LPBBW | — | — | 196,262 | Shares | 2026-08-07 | |
| Mega MILLENNIUM MANAGEMENT LLC LPBBW | — | — | 100,000 | Call | 2026-08-14 | |
| Small Periscope Capital Inc. LPBBW | — | — | 175,000 | Shares | 2026-08-11 | |
| Large PICTON MAHONEY ASSET MANAGEMENT LPBBW | — | — | 350,000 | Shares | 2026-08-13 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC LPBBW | — | — | 300,000 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC LPBBW | — | — | 789,030 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. LPBBW | — | — | 160,023 | Shares | 2026-08-12 | |
| Mid WHITEBOX ADVISORS LLC LPBBW | — | — | 175,000 | Shares | 2026-08-14 | |
| Small Bulldog Investors, LLP LPBBW | — | — | 47,884 | Shares | 2026-08-14 | |
| Mid Magnetar Financial LLC LPBBW | — | — | 990,000 | Shares | 2026-08-14 | |
| Micro GRITSTONE ASSET MANAGEMENT LLC LPBBW | — | — | 73,411 | Shares | 2026-08-06 | |
| Small Shaolin Capital Management LLC LPBBW | — | — | 338,572 | Shares | 2026-08-14 |
Key facts
CIK
2023676
CUSIP
G5S87A105
13F (30d)
37 filings
37 filers
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