Leader’s Advantage Acquisition, a blank check company targeting chemical and healthcare sectors, filed on Monday with the SEC to raise up to $150 million in an initial public offering.
The company plans to raise $150 million by offering 15 million units at $10. Each unit consists of one share of common stock, and one-half of one warrant to purchase a share, exercisable at $11.50.
Leader’s Advantage Acquisition is led by CEO and Chairman Paritosh Chakrabarti, the founder of chemical and plastics manufacturing company PMC Group. He is joined by CFO Edward Krynski, the Controller of PMC Group. The SPAC intends to target chemical and healthcare sectors with proven unit economics, the potential for stable free cash flow, among other characteristics.
The Mount Laurel, NJ-based company was founded in 2025. It plans to list on the Nasdaq under the symbol LEDRU. Leader’s Advantage Acquisition filed confidentially on April 29, 2026. Clear Street is the sole bookrunner on the deal.
