Leader’s Advantage Acquisition closes USD 150 million IPO on Nasdaq
IPO closes and units begin trading
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 and one-half redeemable warrant exercisable at USD 11.5 per share.
Shares and warrants are expected to trade separately on Nasdaq under LEDR and LEDRW.
Underwriters hold a 45-day option to buy up to 2,250,000 additional units at the IPO price.
