Leader’s Advantage raises IPO gross proceeds to $156.5 million after over-allotment exercise
Leader’s Advantage Acquisition raised approximately $6.5 million from a 650,000-unit over-allotment sale, bringing total IPO gross proceeds to $156.5 million.
1. IPO over-allotment
Leader’s Advantage Acquisition closed a 650,000-unit over-allotment sale, raising approximately $6.5 million in additional gross proceeds. The offering totaled 15,650,000 units at $10 each, before underwriting discounts and estimated offering expenses; each unit includes one Class A ordinary share and half of a redeemable warrant.
