Launch Two Acquisition agrees to merge with nuclear microreactor developer NuCube in deal valuing company at $500 million
Launch Two Acquisition Corp. Units Cons of 1 Shs -A- + 1/2 Red Wt LPBBU | 0.00 | |
Launch Two Acquisition Corp. Class A LPBB | 0.00 |
- NuCube Energy agreed to combine with Launch Two Acquisition Corp., taking the advanced-nuclear microreactor developer public.
- Deal values NuCube at a pre-money equity value of about USD 500 million.
- Gross proceeds expected up to about USD 125 million from PIPE financing and Launch Two’s trust cash, subject to redemptions and expenses.
- Closing targeted for the second half of 2026; the combined company expects to list on Nasdaq or NYSE.
- NuCube shareholders are expected to own about 73% at close; pro forma enterprise value about USD 579 million, pro forma equity value about USD 683 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Launch Two Acquisition Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606250720PRIMZONEFULLFEED9752544) on June 25, 2026, and is solely responsible for the information contained therein.
