Leader's Advantage CFO Acquires 15,000 Shares
The Class B shares are automatically convertible into Class A one-for-one at the initial business combination, subject to certain anti-dilution rights.
Rhea-AI Filing Summary
Leader's Advantage Acquisition Corp. (LEDRU) Chief Financial Officer Edward Krynski acquired 15,000 Class B Ordinary Shares through an assignment from the Sponsor, Leader's Advantage Company, LLC, on September 21, 2026. The reported transaction price was $0.0060 per share, and his reported direct holdings afterward were 15,000 shares. The shares are automatically convertible into Class A Ordinary Shares one-for-one at the issuer's initial business combination, subject to adjustment under certain anti-dilution rights, and are subject to forfeiture under certain circumstances relating to his service on the issuer's Board of Directors.
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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. Krynski's 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. Krynski, dated September 21, 2026, the Sponsor assigned 15,000 Class B ordinary shares to Mr. Krynski.
Key Figures
Key Terms
anti-dilution rights technical
initial business combination technical
automatically convertible technical
forfeiture technical
FAQ
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What did LEDRU CFO Edward Krynski acquire?
Was the LEDRU transaction made under a Rule 10b5-1 plan?
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