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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): November 5, 2026
Leader’s
Advantage Acquisition Corp.
(Exact
name of registrant as specified in its charter)
| Cayman
Islands |
|
001-43442 |
|
98-1898982 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
1288
NJ-73, Suite 401,
Mt
Laurel Township, NJ 08054
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code: (856) 533-1866
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| |
|
|
|
|
| Units, each consisting of
one Class A ordinary share and one-half of one Redeemable Warrant |
|
LEDRU |
|
The Nasdaq Stock Market
LLC |
| |
|
|
|
|
| Class A ordinary Shares,
par value $0.0001 per share |
|
LEDR |
|
The Nasdaq Stock Market
LLC |
| |
|
|
|
|
| Redeemable Warrants, each
whole warrant exercisable for one Class A ordinary share at a price of $11.50 per share |
|
LEDRW |
|
The Nasdaq Stock Market
LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 8.01. Other
Events.
Separate
Trading of Class A Ordinary Shares and Warrants
On
November 5, 2026, Leader’s Advantage Acquisition Corp. (the “Company”) announced that, commencing on November
6, 2026, the holders of units issued in its initial public offering (the “Units”), each Unit consisting of one share
of Class A Ordinary Shares of the Company, par value $0.0001 per share (the “Class A Ordinary Shares”), and one-half
of one warrant of the Company (the “Warrant”), with each whole Warrant entitling the holder thereof to purchase one
share of Class A Ordinary Shares for $11.50 per share, may elect to separately trade shares of Class A Ordinary Shares and Warrants included
in the Units. No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. The Units not separated
will continue to trade on The Nasdaq Global Market (“Nasdaq”) under the symbol “LEDRU.” Shares of Class
A Ordinary Shares and the Warrants will trade on Nasdaq under the symbols “LEDR” and “LEDRW,” respectively. Holders
of Units will need to have their brokers contact Odyssey Transfer & Trust Company, the Company’s transfer agent, in order to
separate the Units into shares of Class A Ordinary Shares and Warrants.
On
November 5, 2026, the Company issued a press release announcing the separation of the Units, a copy of which is attached as Exhibit 99.1
to this Current Report on Form 8-K.
Item 9.01. Financial
Statements and Exhibits.
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press Release dated November 5, 2026. |
| 104 |
|
Cover Page Interactive
Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| |
Leader’s
Advantage Acquisition Corp. |
| |
|
|
| |
By: |
/s/
Dr. Paritosh Chakrabarti |
| |
|
Name: |
Dr.
Paritosh Chakrabarti |
| |
|
Title: |
Chairman
and Chief Executive Officer |
| |
|
|
| Dated:
November 5, 2026 |
|
|
Exhibit 99.1
Leader’s
Advantage Acquisition Corp. Announces the Separate Trading of its Class A Ordinary
Shares and Warrants, Commencing November 6, 2026
Mt. Laurel Township, NJ, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Leader’s Advantage Acquisition Corp. (NASDAQ: LEDRU) (the “Company”)
announced today that, commencing November 6, 2026, holders of the units sold in the Company’s initial public offering may elect
to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued
upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade
on The Nasdaq Global Market (“Nasdaq”) under the symbols “LEDR” and “LEDRW,” respectively. Those
units not separated will continue to trade on Nasdaq under the symbol “LEDRU.” Holders of units will need to have their brokers
contact Odyssey Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class
A ordinary shares and warrants.
This
press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there
be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or jurisdiction.
About
Leader’s Advantage Acquisition Corp.
Leader’s
Advantage Acquisition Corp. is a blank check company incorporated on October 29, 2025, as a Cayman Islands exempted company incorporated
for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business
combination with one or more businesses. The Company may pursue an initial business combination in any business or industry but expect
to focus in healthcare-focused business combination with an established business of scale along with first-in-class drug candidates with
large addressable markets poised for continued growth which will complement our management team’s background.
The
Company’s management team is led by Dr. Paritosh M. Chakrabarti its Chairman of the Board and Chief Executive Officer, Dr. Raj
Chakrabarti its President, and Edward Krynski, its Chief Financial Officer. The Company’s Board of Advisors includes Jim Mountain,
Paul G. Weiss, Dr. Anisha Ghosh, and Dr. Poornananda Sastry R.
Forward-Looking
Statements
This
press release may include, and oral statements made from time to time by representatives of the Company may include “forward-looking
statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. Statements regarding the expected commencement of separate trading of the Company’s Class A ordinary shares
and warrants, as well as all other statements other than statements of historical fact included in this press release are forward-looking
statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” and similar expressions,
as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs
of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results
could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s
filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable
to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous
conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s
registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation
to update these statements for revisions or changes after the date of this release, except as required by law
Media
Contact:
Paul
Weiss
pweiss@pmc-group.com
