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Leader’s Advantage Acquisition Corp. (LEDRU) closed its previously announced $150,000,000 initial public offering of 15,000,000 units at $10.00 per unit on September 21, 2026.
The units began trading on September 18, 2026 on the Nasdaq Global Market under the symbol “LEDRU”. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at $11.50 per share. Only whole warrants will trade and be exercisable. Once the securities trade separately, the Class A shares and warrants are expected to trade under “LEDR” and “LEDRW”, respectively.
The company is a healthcare-focused blank check company led by Dr. Paritosh M. Chakrabarti, Dr. Raj Chakrabarti and Edward Krynski, and granted underwriters a 45-day option to purchase up to 2,250,000 additional units.