Launch One Acquisition Corp. Unit
LPAAU
NASDAQ Global Market10.90
USD
- -
- -
CIK
0002015502
ISIN
KYG5S86M1187
CUSIP
G5S86M118
Return %
Stock
S&P500
1Y
3.32
18.21
3Y
9.55
64.38
5Y
9.55
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Christopher Ehrlich
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 180 Grand Avenue Oakland CA United States of America 94612
- IPO Date
- Jul 12, 2024
- CIK
- 0002015502
- Website
- launchoneacquisitioncorp.com
- Similar Companies
- Business
- Launch One Acquisition Corp. Unit (LPAAU) is a blank check company whose securities trade as units consisting of one Class A ordinary share and one-half of a redeemable warrant; the company conducts no significant operations and exists primarily to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with a focus on the life sciences and healthcare sectors. Incorporated in the Cayman Islands on February 21, 2024, and headquartered at 180 Grand Avenue, Suite 1530, Oakland, California, the company completed a $230 million initial public offering in July 2024, raising proceeds held in trust for deployment in a target acquisition. Its core offerings comprise these publicly traded securities aimed at investors seeking exposure to a future de-SPAC transaction; no other products or services are provided pending consummation of an initial business combination. In June 2025, Launch One Acquisition Corp. announced a definitive business combination agreement with Minovia Therapeutics Ltd., an Israel-based biotechnology firm developing mitochondrial cell transfer therapies for rare diseases, oncology, and longevity applications; the transaction values Minovia at a $180 million pre-money equity valuation, anticipates at least $18 million in PIPE financing alongside cash from Launch One's trust (approximately $239.7 million subject to redemptions), and targets closing in the fourth quarter of 2025, subject to shareholder approvals and customary conditions, after which the combined entity would list on Nasdaq. This proposed merger represents the company's principal strategic initiative to date, with additional bridge financing of at least $5 million and up to $57.5 million in earnouts for Minovia equity holders; the deal has unanimous board approval from both parties, and related SEC filings including a Form F-4 registration statement are forthcoming.
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