Launch One Acquisition Falls Out of Compliance With Nasdaq Audit Committee Rule

• Launch One Acquisition lost compliance with Nasdaq’s audit committee and board independence requirements following Rodney A. Ferguson’s resignation.
• The audit committee has two members, below the required three; the board no longer has a majority of independent directors.
• Nasdaq issued board independence noncompliance notice on November 6, 2026, followed by audit committee notice on December 6, 2026.
• Cure periods generally end at the earlier of the next annual meeting or one year; meetings within 180 days allow 180 days.
• The company intends to use the cure periods to appoint an independent director to the board and audit committee.

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 One Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-117530), on November 09, 2026, and is solely responsible for the information contained therein.