Paritosh Chakrabarti reports stock transactions at LEDRU
By AlphaYouPublished Form 4
Chakrabarti Paritosh M.; Leader's Advantage Company, LLC
Reporting filer
Paritosh Chakrabarti reports stock transactions, not an open-market purchase or sale, in Leader's Advantage Acquisition Corp.. Form 4 filed Nov 2, 2026 lists 1 entry.
- Disclosed
- Nov 2, 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 | 2026-10-29 | J | Other (see filing) | 400000 | 0.006 | 3,797,500 | 4 days | Filed terms
|
Class B Ordinary Shares (derivative)
- Owner
- Chakrabarti Paritosh M.; Leader's Advantage Company, LLC
- Date
- 2026-10-29
- Code
- J
- Action
- Other (see filing)
- Quantity
- 400000
- Price
- 0.006
- Following holdings
- 3,797,500
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Class B Ordinary Shares
- id: F1
- transaction Date: 2026-10-29
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: J
- equity Swap Involved: 0
- id: F2
- transaction Timeliness:
- transaction Shares: 400000
- 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: 400000
- shares Owned Following Transaction: 3797500
- 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: Other reporting 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: Leader's Advantage Company, LLC (the "Sponsor") forfeited an aggregate of 400,000 Class B ordinary shares on October 29, 2026 in connection with notice from the underwriters in the Company's initial public offering that they did not intend to exercise their over-allotment option with respect to 1,600,00 Class A ordinary shares. The underwriters exercised their over-allotment option with 650,000 Class A shares on October 29, 2026.
- 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. 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.