LAUNCH TWO ACQUISITION CORP.

Ticker: LPBBW CUSIP: G5S87A113 Class: *W EXP 10/09/202

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (2)

BNP PARIBAS ARBITRAGE, SA

Value ($000) $128 Shares 358,009

Value ($000) $0 Shares 390

Institution	Shares	Value ($000)
BNP PARIBAS ARBITRAGE, SA	358,009	$128
BARCLAYS PLC	390	$0

Increased Positions (2)

METEORA CAPITAL, LLC

Value ($000) $125 (+17.3%) Shares 395,743 (+37.5%)

Shaolin Capital Management LLC

Value ($000) $112 (-12.3%) Shares 353,486 (+2.8%)

Institution	Prev Shares	Curr Shares	Change
METEORA CAPITAL, LLC	287,737	395,743	+108,006 (+37.5%)
Shaolin Capital Management LLC	343,858	353,486	+9,628 (+2.8%)

Decreased Positions (5)

AQR Arbitrage LLC

Value ($000) $239 (-41.1%) Shares 758,593 (-32.1%)

Bulldog Investors, LLP

Value ($000) $16 (-61.6%) Shares 49,419 (-54.9%)

Verition Fund Management LLC

Value ($000) $41 (-19.9%) Shares 130,818 (-7.6%)

Clear Street Group Inc.

Value ($000) $51 (-15.7%) Shares 160,109 (-1.2%)

Value ($000) $0 (-23.0%) Shares 1,169 (-9.7%)

Institution	Prev Shares	Curr Shares	Change
AQR Arbitrage LLC	1,116,602	758,593	-358,009 (-32.1%)
Bulldog Investors, LLP	109,630	49,419	-60,211 (-54.9%)
Verition Fund Management LLC	141,534	130,818	-10,716 (-7.6%)
Clear Street Group Inc.	162,109	160,109	-2,000 (-1.2%)
UBS Group AG	1,295	1,169	-126 (-9.7%)

Exited Positions (1)

CANTOR FITZGERALD, L. P.

Value ($000) $953 Shares 2,575,000

Institution	Prev Shares	Prev Value ($000)
CANTOR FITZGERALD, L. P.	2,575,000	$953