Launchpad Cadenza Acquisition Corp I 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Unregistered Sales of Equity Securities There were no sales of unregistered securities during the period covered by this Quarterly Report. However, subsequent to the period covered by this Quarterly Report, on December 19, 2025, we consummated the initial public offering of 23,000,000 units, which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,000,000 units, at $10.00 per unit, generating gross proceeds of $230,000,000. The securities sold in the initial public offering were registered under the Securities Act on registration statement on Form S-1 (File No. 333-291425). The SEC declared the registration statement effective on December 17, 2025. Simultaneously with the closing of the initial public offering, we consummated the sale of 4,116,667 Private Placement Warrants at a price of $1.50 per Private Placement Warrant, in a private placement to the Sponsor and Cantor Fitzgerald & Co., generating gross proceeds of $6,175,000. Of those 4,116,667 Private Placement Warrants, the Sponsor purchased 2,783,334 Private Placement Warrants and Cantor Fitzgerald & Co. purchased 1,333,333 Private Placement Warrants. Use of Proceeds Following the closing of our Initial Public Offering on December 19, 2025, a total of $230,000,000 (which amount includes $10,950,000 of the deferred underwriting commission) was placed in a U.S.-based Trust Account. Transaction costs amounted to $15,646,442, consisting of $4,000,000 of cash underwriting fees, $10,950,000 of deferred underwriting fees, and $696,442 of other offering costs. For a description of the use of the proceeds generated in our Initial Public Offering, see Part I, Item 2 of this Quarterly Report. 22 Item 3. Defaults Upon Senior Securities None Item 4. Mine Safety Disclosures Not applicable.