Launch One Acquisition Corp. I Announces Trading of Shares
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Launch One Acquisition Corp. I Announces Trading Changes
Launch One Acquisition Corp. (NASDAQ: LPAAU) recently announced that starting September 3, 2024, investors holding units from the Company’s initial public offering will have the option to trade the Class A ordinary shares and warrants separately. This development is a significant opportunity for investors as it allows for greater flexibility in managing their investments.
Details of the Trading Announcement
The separation will mean that holders of these units can choose to separate their Class A ordinary shares and warrants. However, it is important to note that no fractional warrants will be issued, and only whole warrants will be allowed for trading. The Class A ordinary shares will be traded under the symbol “LPAA” and the warrants will be under “LPAAW” on the Nasdaq Global Market. For those investors who opt not to separate, their units will continue trading under the symbol “LPAAU.”
About Launch One Acquisition Corp.
Launch One Acquisition Corp. is a blank check company created to facilitate a merger, amalgamation, share exchange, asset acquisition, share purchase, or a similar business combination with various businesses. While the Company has the potential to pursue acquisition opportunities across diverse industries, its primary focus lies within the healthcare sector and related industries. This includes a particular interest in life sciences on a global scale. The aim is to partner with a well-reviewed management team of a business that shows potential for substantial growth.
Understanding Forward-Looking Statements
It is crucial to acknowledge that this announcement may contain forward-looking statements that reflect the Company's expectations regarding potential business combinations and finance. Such statements are inherently based on various assumptions and beliefs held by the management of Launch One Acquisition Corp. that are subject to uncertainties. Ultimately, actual results may differ significantly due to various factors. Stakeholders are encouraged to review potential risk factors outlined in the Company's filings with the Securities and Exchange Commission (SEC).
Company Contact Information
For further inquiries, interested parties can reach Launch One Acquisition Corp. through the following contact:
Launch One Acquisition Corp.
Jurgen van de Vyver
Email: jurgen@launchpad.vc
Phone: (510) 692-9600
Frequently Asked Questions
What is Launch One Acquisition Corp.?
Launch One Acquisition Corp. is a blank check company aimed at conducting business combinations primarily in the healthcare sector.
When can units be traded separately?
The option to trade Class A ordinary shares and warrants separately begins on September 3, 2024.
What symbols will the separated shares and warrants trade under?
Class A ordinary shares will trade under “LPAA” and warrants under “LPAAW” on the Nasdaq Global Market.
Why won't fractional warrants be issued?
The Company has stipulated that only whole warrants will be tradable to simplify the process for investors.
How can I contact the Company for more information?
You can contact Jurgen van de Vyver at Launch One Acquisition Corp. via email at jurgen@launchpad.vc or by phone at (510) 692-9600.
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