For Q1 FY2026 ended March 31, 2026, Launch One Acquisition Corp. reported net income of $1,700,072, a decrease of 25.7% year-over-year. Operating income was a loss of $467,775, compared to a gain in the prior year. Cash stood at $266,001, while shareholders' equity was negative $12,027,733. The company had no long-term debt.
•Net income of $1.70M, down 25.7% YoY.
•Operating loss of $0.47M vs. prior year operating income.
•Cash of $0.27M; negative equity of $12.03M.
•No long-term debt reported.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Launch One Acquisition does not have significant operations. It intends to effect 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 One Acquisition Corp. is a shell company that currently does not have significant operations. Its primary business purpose is to effect 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. As a special purpose acquisition company (SPAC), it raises capital through an initial public offering with the intention of acquiring an existing private company, thereby taking it public. Until such a transaction occurs, Launch One Acquisition Corp. holds cash in trust and seeks potential target companies to combine with.
Where is Launch One Acquisition Corp. (LPAA) listed and in which currency?
Launch One Acquisition Corp. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol LPAA. Its shares are traded in United States Dollars (USD), which is the official currency of the United States. As a company incorporated in the U.S. and listed on a major American stock exchange, its financial reporting and trading are conducted in USD. Investors can buy and sell LPAA shares through brokerage accounts that have access to the Nasdaq exchange.
What sector and industry does Launch One Acquisition Corp. (LPAA) belong to?
Launch One Acquisition Corp. operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets, other than cash or cash equivalents. They are often formed for the purpose of raising capital through an IPO and then acquiring or merging with an existing operating business. In the case of Launch One Acquisition Corp., it is a blank check company or SPAC that intends to identify and combine with a target business, thereby providing that business with a public listing.
Where is Launch One Acquisition Corp. (LPAA) headquartered?
Launch One Acquisition Corp. is headquartered in Oakland, California, United States. The company was incorporated in 2024 and is based in Oakland, which is a major city in the San Francisco Bay Area. As a U.S.-based company, it primarily focuses on identifying potential merger or acquisition targets within the United States, although its business combination could involve a company from any geography. The Oakland headquarters serves as the corporate office for management and administrative functions.
How does Launch One Acquisition Corp. (LPAA) plan to generate returns for investors?
Launch One Acquisition Corp. does not currently have any operations or revenue-generating activities. Its business model is to raise capital through an initial public offering and then use those funds to acquire or merge with an existing private company. Once a target is identified and a business combination is completed, the combined entity is expected to have ongoing operations that generate value for shareholders. Until such a transaction occurs, the company's assets consist primarily of cash held in a trust account. Investors in LPAA are essentially betting on the management's ability to find and execute a successful acquisition that will increase the value of the shares.