Leader's Advantage Sponsor Assigns 95,000 Shares

The Class B shares convert into Class A ordinary shares one-for-one at the issuer's initial business combination, subject to anti-dilution adjustments.

Rhea-AI Filing Summary

Leader's Advantage Acquisition Corp. (symbol: LEDRU) is the issuer of record for a Form 4 filing submitted to the SEC. Chakrabarti Paritosh M. reported disposition transactions in this Form 4 filing.

Leader's Advantage Acquisition Corp. (LEDRU) reports that its Sponsor, Leader's Advantage Company, LLC, assigned 95,000 Class B ordinary shares on September 21, 2026, at $0.006 per share in connection with its IPO. The Sponsor's reported position after the transaction was 4,197,500 shares. The Class B shares automatically convert into Class A ordinary shares one-for-one at the issuer's initial business combination, subject to anti-dilution adjustments, and have no expiration date. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Other: 95,000 shares

Other 1 txn

Insider Chakrabarti Paritosh M., Leader's Advantage Company, LLC

Role Chief Executive Officer | 10% Owner

Type	Security	Shares	Price	Value
Other	Class B Ordinary Shares F1, F2, F3	95,000	$0.006	$570.00

Holdings After Transaction: Class B Ordinary Shares — 4,197,500 contracts (Indirect, See Footnote)

Footnotes (3)

1. 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.
2. F2. In connection with the Issuer's initial public offering, Leader's Advantage Company, LLC (the "Sponsor") assigned an aggregate of 95,000 Class B ordinary shares to each of its officers (other than Dr. Paritosh M. Chakrabarti), newly appointed independent directors and certain advisors at a price of $0.006 per share.
3. F3. These Class B ordinary shares are held directly by the Sponsor. Dr. Paritosh M. Chakrabarti is the sole managing member of the Sponsor and holds voting and dispositive control over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. These shares include an aggregate of 562,500 shares that are subject to forfeiture to the extent that the underwriters do not exercise their over-allotment option in connection with the registrant's initial public offering in full within 45 days of the closing of the initial public offering. Dr. Chakrabarti disclaims beneficial ownership over any securities owned by the Sponsor in which he does not have any pecuniary interest.

Key Figures

Class B ordinary shares assigned: 95,000 shares Price per share: $0.006 per share Reported resulting position: 4,197,500 shares +2 more

5 metrics

Class B ordinary shares assigned 95,000 shares September 21, 2026

Price per share $0.006 per share Sponsor assignment

Reported resulting position 4,197,500 shares After the reported transaction

Conversion ratio 1 Class A ordinary share for each Class B ordinary share At the issuer's initial business combination, subject to anti-dilution adjustments

Shares subject to forfeiture 562,500 shares Subject to forfeiture if underwriters do not exercise the over-allotment option in full within 45 days of the IPO closing

Key Terms

initial business combination, anti-dilution rights, over-allotment option, dispositive control

4 terms

initial business combination financial

"at the time of the Issuer's initial business combination"

An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.

anti-dilution rights financial

"subject to adjustment pursuant to certain anti-dilution rights"

over-allotment option financial

"do not exercise their over-allotment option in full"

An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.

dispositive control regulatory

"holds voting and dispositive control over the shares held by the Sponsor"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did LEDRU's Sponsor assign, and at what price?

Leader's Advantage Company, LLC, the Sponsor, assigned 95,000 Class B ordinary shares at $0.006 per share on September 21, 2026. The footnote describes the assignments as connected with the issuer's initial public offering and directed to officers other than Dr. Paritosh M. Chakrabarti, newly appointed independent directors and certain advisors.

How many Class B ordinary shares did LEDRU's Sponsor hold after the transaction?

The reported resulting position was 4,197,500 Class B ordinary shares. The shares are held directly by the Sponsor. Dr. Paritosh M. Chakrabarti, the Sponsor's sole managing member, has voting and dispositive control over its shares and disclaims beneficial ownership of Sponsor securities in which he has no pecuniary interest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/23/2026 - 09:14 PM Accepted by SEC EDGAR 09/23/2026 - 09:13 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chakrabarti Paritosh M.

(Last) (First) (Middle)

C/O LEADER'S ADVANTAGE ACQUISITION CORP.

1288 NJ-73, SUITE 401

(Street)

MT LAUREL TOWNSHIP NEW JERSEY 08054

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Leader's Advantage Acquisition Corp. [ LEDR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	(1)	09/21/2026		J(2)			95,000	(1)	(1)	Class A Ordinary Shares	95,000	$0.006	4,197,500	I	See Footnote(3)

1. Name and Address of Reporting Person^*

Chakrabarti Paritosh M.

(Last) (First) (Middle)

C/O LEADER'S ADVANTAGE ACQUISITION CORP.

1288 NJ-73, SUITE 401

(Street)

MT LAUREL TOWNSHIP NEW JERSEY 08054

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

1. Name and Address of Reporting Person^*

Leader's Advantage Company, LLC

(Last) (First) (Middle)

C/O LEADER'S ADVANTAGE ACQUISITION CORP.

1288 NJ-73, SUITE 401

(Street)

MT LAUREL TOWNSHIP NEW JERSEY 08054

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. 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.

2. In connection with the Issuer's initial public offering, Leader's Advantage Company, LLC (the "Sponsor") assigned an aggregate of 95,000 Class B ordinary shares to each of its officers (other than Dr. Paritosh M. Chakrabarti), newly appointed independent directors and certain advisors at a price of $0.006 per share.

3. These Class B ordinary shares are held directly by the Sponsor. Dr. Paritosh M. Chakrabarti is the sole managing member of the Sponsor and holds voting and dispositive control over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. These shares include an aggregate of 562,500 shares that are subject to forfeiture to the extent that the underwriters do not exercise their over-allotment option in connection with the registrant's initial public offering in full within 45 days of the closing of the initial public offering. Dr. Chakrabarti disclaims beneficial ownership over any securities owned by the Sponsor in which he does not have any pecuniary interest.

	/s/ Dr. Paritosh M. Chakrabarti, by Paul Weiss with Power of Attorney	09/23/2026
	/s/ Leader's Advantage Company, LLC, Paul Weiss with Power of Attorney	09/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)