Launch Two Acquisition Corp. (LPBB) Stock

Launch Two Acquisition Corp. (LPBB) is a Financials stock trading at $10.74 (as of 2026-07-17), with a market capitalization of $616.40M and a trailing P/E of 8.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Launch Two Acquisition Corp. focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Oakland, California. Launch Two Acquisition Corp. is a subsidiary of Launch Two Sponsor LLC.

Valuation — source: SEC EDGAR (first-party)

Price	$10.74
Market Cap	$616.40M
P/E Ratio	8.6
Price / Book	-56.34
Price / Sales	64.39

Profitability & Growth — source: SEC EDGAR

Revenue (TTM)	$9.82M
Net Margin	90.7%
Return on Equity	-79.1%
Current Ratio	1.03
Revenue Growth (YoY)	330.5%

Financial Health — source: SEC EDGAR

Altman Z-Score

1.42 (distress)

Valuation vs Sector & Industry

Stock P/E	8.6
Sector P/E (Financials)	15.4
Industry P/E (Trading)	34.8
vs Sector	-43.8%
vs Industry	-75.2%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures

Top Institutional Holder	METEORA CAPITAL, LLC ($14.88B)
Institutional Holders Tracked	10

Company

Sector	Financials
Industry	Trading
CEO	James Joseph McEntee Jr.
Employees	2
Country	US
IPO Date	2024-11-29

Related Companies (Business model: Closed-End Fund; 8 closest by market cap; US-domiciled)

• Live Oak Bancshares, Inc. (LOB)
• New Mountain Finance Corporation (NMFC)
• Gladstone Investment Corporation (GAIN)
• Nuveen Churchill Direct Lending Corp. (NCDL)
• Open Lending Corporation (LPRO)
• Lake Shore Bancorp, Inc. (LSBK)
• Launchpad Cadenza Acquisition Corp I Class A Ordinary Share (LPCV)
• Manhattan Bridge Capital, Inc. (LOAN)

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.