LEDR: Chakrabarti Paritosh M.; Leader's Advantage Company, LLC discloses securities transactions
By AlphaYouPublished Form 4
Chakrabarti Paritosh M.; Leader's Advantage Company, LLC
Reporting filer
Chakrabarti Paritosh M.; Leader's Advantage Company, LLC reported Other (see filing) in Leader's Advantage Acquisition Corp.: 95000 units of Class B Ordinary Shares (derivative), dated 2026-09-21. The full Form 4 contains 1 transaction entry.
- Disclosed
- Sep 24, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class B Ordinary Shares (derivative) | Chakrabarti Paritosh M.; Leader's Advantage Company, LLC | 2026-09-21 | J | Other (see filing) | 95000 | 0.006 | 4,197,500 | 3 days | Filed terms
|
Class B Ordinary Shares (derivative)
- Owner
- Chakrabarti Paritosh M.; Leader's Advantage Company, LLC
- Date
- 2026-09-21
- Code
- J
- Action
- Other (see filing)
- Quantity
- 95000
- Price
- 0.006
- Following holdings
- 4,197,500
- Reporting delay
- 3 days
- Filed terms and references
Filed terms
- security Title: Class B Ordinary Shares
- id: F1
- transaction Date: 2026-09-21
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: J
- equity Swap Involved: 0
- id: F2
- transaction Timeliness:
- transaction Shares: 95000
- transaction Price Per Share: 0.006
- transaction Acquired Disposed Code: D
- id: F1
- id: F1
- underlying Security Title: Class A Ordinary Shares
- underlying Security Shares: 95000
- shares Owned Following Transaction: 4197500
- direct Or Indirect Ownership: I
- nature Of Ownership: See Footnote
- id: F3
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Chakrabarti Paritosh M.: Chief Executive Officer.
- Leader's Advantage Company, LLC: 10% owner.
- 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.
- 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.
- 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.
Original sources
Prepared automatically from public filing data. Report a correction.