HSBC Holdings PLC filed a Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of 1,485,000 Class A Ordinary Shares of Leader's Advantage Acquisition Corp. as of September 30, 2026.

Key Highlights

  • Beneficial ownership: HSBC Holdings PLC disclosed beneficial ownership of 1,485,000 Class A Ordinary Shares of Leader's Advantage Acquisition Corp.
  • Percent of class: The 1,485,000 shares represent 9.8% of the class, according to the filing.
  • Sole voting and dispositive power: HSBC Holdings PLC reported sole voting power and sole dispositive power over all 1,485,000 shares, with no shared voting or dispositive power.
  • Subsidiary interest: The filing identifies HSBC Bank plc as the subsidiary that acquired the securities and states that HSBC Bank plc has the right to receive dividends from, or the proceeds from the sale of, the shares covered by the statement.
  • Triggering event: The date of the event requiring the filing is listed as September 30, 2026.
  • Filer classification: HSBC Holdings PLC is identified as a parent holding company (Type HC), incorporated in England with limited liability.

HSBC Holdings Discloses Ownership Position in Leader's Advantage Acquisition Corp.

According to the Schedule 13G filed on October 30, 2026, HSBC Holdings PLC, headquartered at 8 Canada Square, London E14 5HQ, United Kingdom, reported beneficial ownership of 1,485,000 Class A Ordinary Shares, par value $0.0001 per share, of Leader's Advantage Acquisition Corp. (CUSIP: G54093128). The issuer's principal executive offices are listed as 1288 NJ-73, Suite 401, Mt Laurel Township, New Jersey, 08054. The filing was signed by Angela McEntee, Group Company Secretary, on behalf of HSBC Holdings PLC.

The filing discloses that HSBC Holdings PLC holds sole voting power and sole dispositive power over all 1,485,000 shares, representing 9.8% of the class. No shared voting power or shared dispositive power is reported. The filing further states that HSBC Bank plc, identified as the relevant subsidiary, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the ordinary shares covered by the statement, and that this interest relates to more than 5 percent of the class.

The filing's certification states that "the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities." The schedule was filed pursuant to the Securities Exchange Act of 1934, with the triggering event dated September 30, 2026.

What Was Disclosed

HSBC Holdings PLC filed a Schedule 13G reporting beneficial ownership of 1,485,000 Class A Ordinary Shares, equal to 9.8% of the class, in Leader's Advantage Acquisition Corp., with HSBC Bank plc identified as the acquiring subsidiary holding the economic interest.