LeddarTech Announces Receipt of US$3.0 Million Following Disbursement of the Second Tranche of the Previously Announced Bridge Financing [Financial Post (Toronto, Ontario, Canada)]
LeddarTech Holdings Inc. - Common Shares (LDTC)
Company Research
Source: Financial Post
QUEBEC CITY, Canada, Oct. 15, 2024 (GLOBE NEWSWIRE) — LeddarTech ® Holdings Inc. (“LeddarTech” or the “Company”) ( Nasdaq: LDTC ), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision ™, for ADAS, AD and parking applications, announced today that the Company received the second tranche of the bridge loans (the “Bridge Loans”) in an aggregate amount of US$3.0 million, which are part of a bridge financing in an aggregate amount of up to US$9.0 million (the “Bridge Financing”) made available to the Company by certain of its principal shareholders, namely FS Investors (“FS”), Investissement Québec (“IQ”) and its senior lender, Fédération des caisses Desjardins du Québec (“Desjardins” and, together with FS and IQ, the “Initial Bridge Lenders”). The principal details of the Bridge Financing were announced by the Company on August 19, 2024. As previously announced, the Bridge Financing is compr
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News
- LeddarTech Reports FY24 Results [Yahoo! Finance]Yahoo! Finance
- LeddarTech Reports FY24 ResultsGlobeNewswire
- LeddarTech Announces Receipt of the First Installment of the TI Pre-Paid Royalty Fee [Canadian Business Journal (Canada)]Canadian Business Journal
- LeddarTech to Host Investor and Business Update Call on December 18, 2024 [Canadian Business Journal (Canada)]Canadian Business Journal
- LeddarTech to Host Investor and Business Update Call on December 18, 2024GlobeNewswire
LDTC
Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/18/24 - Form 424B3
- 12/18/24 - Form 424B3
- LDTC's page on the SEC website