05:51 PM EDT, 10/07/2024 (MT Newswires) -- Launch Two Acquisition Corp. said late Monday it has priced its initial public offering of 20 million units, with each unit consisting of one Class A share and one-half of one redeemable warrant.

Each whole warrant entitles the holder to purchase one Class A share at $11.50 per share, the blank check company said. Trading will begin Tuesday on Nasdaq under the ticker symbol LPBBU.

The company said it has granted its underwriters a 45-day option to purchase up to 3 million additional units to cover possible over-allotments. It expects to close the offering Oct. 9, with Cantor Fitzgerald as the book-running manager.