Leader's Advantage Acquisition closes USD 150 million IPO on Nasdaq

Leader's Advantage Acquisition closed a USD 150 million IPO of 15,000,000 units priced at USD 10 per unit. Units began trading Sept. 18 on the Nasdaq Global Market under LEDRU. Each unit includes one Class A ordinary share, one-half redeemable warrant exercisable at USD 11.5 per share. Shares, warrants expected to trade separately on Nasdaq under LEDR, Ledrw. Underwriters hold a 45-day option to buy up to 2,250,000 additional units at the IPO price.