09/23/2026 | Press release | Distributed by Public on 09/23/2026 19:14
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| 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) | |||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Chakrabarti Paritosh M. C/O LEADER'S ADVANTAGE ACQUISITION CORP. 1288 NJ-73, SUITE 401 MT LAUREL TOWNSHIP, NJ 08054 |
Chief Executive Officer | |||
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Leader's Advantage Company, LLC C/O LEADER'S ADVANTAGE ACQUISITION CORP. 1288 NJ-73, SUITE 401 MT LAUREL TOWNSHIP, NJ 08054 |
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| /s/ Dr. Paritosh M. Chakrabarti, by Paul Weiss with Power of Attorney | 09/23/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Leader's Advantage Company, LLC, Paul Weiss with Power of Attorney | 09/23/2026 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (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. |