Whitebox Advisors LLC Acquires New Shares in Launch One Acquisition Corp. (NASDAQ:LPAAU)

Whitebox Advisors LLC acquired a new stake in Launch One Acquisition Corp. (NASDAQ:LPAAU) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 250,000 shares of the company’s stock, valued at approximately $2,500,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Graham Capital Wealth Management LLC bought a new position in shares of Launch One Acquisition during the third quarter worth about $181,000. Wealthspring Capital LLC acquired a new stake in Launch One Acquisition during the 3rd quarter valued at approximately $438,000. Walleye Trading LLC acquired a new stake in Launch One Acquisition during the 3rd quarter valued at approximately $587,000. ATW Spac Management LLC bought a new position in Launch One Acquisition during the 3rd quarter worth approximately $747,000. Finally, Wolverine Asset Management LLC acquired a new position in shares of Launch One Acquisition in the 3rd quarter worth approximately $1,000,000.

Launch One Acquisition Stock Performance

NASDAQ:LPAAU opened at $10.06 on Friday. Launch One Acquisition Corp. has a 52 week low of $9.95 and a 52 week high of $10.07. The company has a fifty day moving average price of $10.02.

About Launch One Acquisition

We are a blank check company incorporated on February 21, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.