Leader’s Advantage Acquisition Corp. (LEDRU) priced its initial public offering of 15,000,000 units at $10.00 per unit, for gross proceeds of $150 million.
Each unit includes one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at $11.50 per share. The units will list on the Nasdaq Global Market under the symbol “LEDRU” and are expected to begin trading on September 18, 2026. Once the securities trade separately, the Class A ordinary shares and warrants are expected to trade under “LEDR” and “LEDRW”, respectively.
The offering is expected to close on September 21, 2026, subject to customary conditions. The underwriters have a 45-day option to buy up to an additional 2,250,000 units at the IPO price to cover over-allotments.