09/17/2026 | Press release | Distributed by Public on 09/17/2026 19:58
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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
| 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. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Class B Common Stock | (1) | (1) | Class A Common Stock | 4,312,500(2) | (1) | I | See footnote(2) |
| 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 |
X | X | Chief Executive Officer | |
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Leader's Advantage Company, LLC C/O LEADER'S ADVANTAGE COMPANY, LLC 1288 NJ-73, SUITE 401 MT LAUREL TOWNSHIP, NJ 08054 |
X | |||
| /s/ Dr. Paritosh M. Chakrabarti, by Paul Weiss with Power of Attorney | 09/17/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(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) | As described in the registrant's registration statement on Form S-1 under the heading "Description of Securities-Founder Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date. |
| (2) | On January 13, 2026, Leader's Advantage Company, LLC (the "Sponsor") paid $25,000 for an aggregate of 4,312,500 Class B ordinary shares of the registrant. 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. Dr. Chakrabarti disclaims beneficial ownership over any securities owned by the Sponsor in which he does not have any pecuniary interest. |