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Leader’s Advantage Acquisition completes $150.0M IPO; $151.125M placed in trust
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Leader’s Advantage Acquisition completed an IPO of 15,000,000 units raising $150,000,000 and placed $151,125,000 in trust. Key Highlights: Sold 15,000,000 units at $10.00 each, generating gross proceeds of $150,000,000. Placed $151,125,000 (including $6,000,000 deferred underwriting discount) in a U.S.-based trust account. Issued 7,500,000 public warrants and sold 1,750,000 private placement warrants to sponsor for $3,500,000. Underwriters granted 45-day option to buy…