Launch One Acquisition - Unit | 10-K: FY2025 Revenue: USD 0

Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.29.

EBIT: As of FY2025, the actual value is USD -11.53 M.

Launch One Acquisition Corp. operates as a blank check company (SPAC) and therefore does not have traditional operating segments or revenue, gross margin, or operating profit from business operations .

Operational Metrics

• Net Income
  • For the year ended December 31, 2025: $8,309,154
  • For the period from February 21, 2024 (inception) through December 31, 2024: $5,129,519
• General and Administrative Costs
  • For the year ended December 31, 2025: $1,611,081
  • For the period from February 21, 2024 (inception) through December 31, 2024: $400,002
• Interest Income
  • Interest earned on cash and marketable securities held in Trust Account for the year ended December 31, 2025: $9,919,832
  • Interest earned on operating cash account for the year ended December 31, 2025: $403
  • Interest earned on marketable securities held in Trust Account for the period from February 21, 2024 (inception) through December 31, 2024: $5,404,164
  • Unrealized gain on marketable securities held in Trust Account for the period from February 21, 2024 (inception) through December 31, 2024: $125,357

Cash Flow

• Net Cash Used in Operating Activities
  • For the year ended December 31, 2025: - $820,192
  • For the period from February 21, 2024 (inception) through December 31, 2024: - $472,305

Unique Metrics

• Marketable Securities Held in Trust Account
  • As of December 31, 2025: $245,449,353
  • As of December 31, 2024: $235,529,521
• Cash Held Outside Trust Account
  • As of December 31, 2025: $30,146
  • As of December 31, 2024: $850,338
• Working Capital
  • As of December 31, 2025: - $609,961 (deficit)
  • As of December 31, 2024: $947,121
• Redemption Price per Public Share
  • As of December 31, 2025: Approximately $10.67
• Deferred Underwriting Fee
  • The deferred underwriting fee is $10,950,000, payable upon completion of the initial Business Combination .

Outlook / Guidance

Launch One Acquisition Corp. is actively seeking alternative ways to consummate an initial Business Combination after the termination of the Minovia BCA on January 30, 2026 . Management has determined that the company lacks sufficient liquidity, raising substantial doubt about its ability to continue as a going concern if a Business Combination is not completed by the July 15, 2026 deadline . To address liquidity needs, the company entered into a Working Capital Promissory Note with its Sponsor on March 20, 2026, for up to $1,000,000 in loans .