LPBB: Launch Two Sponsor LLC; Gilbert Ryan Mark discloses securities transactions
By AlphaYouPublished Form 4
Launch Two Sponsor LLC; Gilbert Ryan Mark
Reporting filer
Launch Two Sponsor LLC; Gilbert Ryan Mark reported Conversion in Launch Two Acquisition Corp.: 5749999 units of Class A ordinary shares, dated 2026-09-30. The full Form 4 contains 2 transaction entries.
- Disclosed
- Oct 2, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class A ordinary shares | Launch Two Sponsor LLC; Gilbert Ryan Mark | 2026-09-30 | C | Conversion | 5749999 | Not stated (see footnotes) | 5,749,999 | 2 days | Filed terms
|
| Class B ordinary shares (derivative) | Launch Two Sponsor LLC; Gilbert Ryan Mark | 2026-09-30 | C | Conversion | 5749999 | 0 | 1 | 2 days | Filed terms
|
Class A ordinary shares
- Owner
- Launch Two Sponsor LLC; Gilbert Ryan Mark
- Date
- 2026-09-30
- Code
- C
- Action
- Conversion
- Quantity
- 5749999
- Price
- Not stated (see footnotes)
- Following holdings
- 5,749,999
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Class A ordinary shares
- transaction Date: 2026-09-30
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: C
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 5749999
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 5749999
- direct Or Indirect Ownership: D
- id: F2
Class B ordinary shares (derivative)
- Owner
- Launch Two Sponsor LLC; Gilbert Ryan Mark
- Date
- 2026-09-30
- Code
- C
- Action
- Conversion
- Quantity
- 5749999
- Price
- 0
- Following holdings
- 1
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Class B ordinary shares
- id: F1
- transaction Date: 2026-09-30
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: C
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 5749999
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F1
- id: F1
- underlying Security Title: Class A ordinary shares
- underlying Security Shares: 5749999
- shares Owned Following Transaction: 1
- direct Or Indirect Ownership: D
- id: F2
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Launch Two Sponsor LLC: 10% owner.
- Gilbert Ryan Mark: Director, 10% owner.
- 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.
- 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.
Original sources
Prepared automatically from public filing data. Report a correction.