Leader's Advantage Director Acquires 15,000 Shares
Leader's Advantage Acquisition Corp. director George Michael Constantinides acquired 15,000 Class B ordinary shares on September 21, 2026, assigned by Leader's Advantage Company, LLC, the Sponsor, in connection with his board appointment.
Rhea-AI Filing Summary
Leader's Advantage Acquisition Corp. director George Michael Constantinides acquired 15,000 Class B ordinary shares on September 21, 2026, assigned by Leader's Advantage Company, LLC, the Sponsor, in connection with his board appointment. The reported price was 0.0060 per share, and his reported resulting position was 15,000 Class B ordinary shares. The shares are automatically convertible into Class A ordinary shares one-for-one at the issuer's initial business combination, subject to adjustment pursuant to certain anti-dilution rights, and are subject to forfeiture in certain circumstances relating to his board service. No Rule 10b5-1 plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares F1, F2 | 15,000 | $0.006 | $90.00 |
Footnotes (2)
- F1. The Class B ordinary shares are automatically convertible into the shares of the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Class B ordinary shares are subject to forfeiture under certain circumstances relating to Mr. Constantinides' service on the Issuer's Board of Directors.
- F2. As contemplated by the securities purchase agreement between Leader's Advantage Company, LLC (the "Sponsor") and Mr. Constantinides, dated September 21, 2026, the Sponsor assigned 15,000 Class B ordinary shares to Mr. Constantinides in connection with Mr. Constantinides' appointment to the Issuer's Board of Directors.
Key Figures
Key Terms
initial business combination financial
anti-dilution rights financial
forfeiture financial
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