Launch Two raises incentive plan share reserve to 12.5% from 10%
LPBB•Launch Two Acquisition amended its merger agreement to increase the Incentive Plan share reserve to 12.5% from 10% of outstanding shares following closing. The amendment also requires an employee stock purchase plan with a reserve equal to 2% of post-closing fully diluted equity capitalization.
1. Plan reserve increases
An October 19, 2026, amendment to Launch Two Acquisition’s merger agreement increases the Incentive Plan share reserve to 12.5% from 10%, based on outstanding shares following closing. It also requires a new employee stock purchase plan with a reserve equal to 2% of post-closing fully diluted equity capitalization.
