State Ledger
Company profile

Launch Two Acquisition Corp. CIK 2023676

Tickers
LPBB (Nasdaq) · LPBBU (Nasdaq) · LPBBW (Nasdaq)
Industry
Fabricated Plate Work (Boiler Shops)
Headquarters
Oakland, CA 94612
Fiscal year end
2025 (FY)
Market Data
Close
$10.83
Change
+$0.00
Change %
0.00%
Volume
0

LPBB · trading date Oct 9, 2026 · previous close $10.83 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
—
Net income
$8.91M
Total assets
$243.72M
Total liabilities
$11.11M
Stockholders' equity
-$10.75M
Cash & equivalents
$250.1K
Operating income
-$909.1K
Operating cash flow
-$610.6K
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-03-27. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
4.6%
Equity / assets
-4.4%
CapEx / revenue
—
Operating cash flow / net income
-0.07×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 — $8.91M $243.72M $11.11M -$10.75M
2024 — — $234.74M $11.04M -$9.84M
Company Details
SIC code
3443
State of incorporation
E9
Active filer
Yes
Most recent SEC filing
Form 425
2026-09-17
Financials filed via
Form 10-K
filed 2026-03-27

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Oakland, CA 94612
180 GRAND AVENUE SUITE 1530
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:20 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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