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0.00607361963190185 -0.0122699386503066 0.0026993865030676 -0.0981595092024538 -0.122699386503067 -0.134969325153374 -0.147239263803681 -0.184171779141104
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LeddarTech Enters Into Amendments to Credit Facility and Bridge Financing Offer [Canadian Business Journal (Canada)]

LeddarTech Holdings Inc. - Common Shares (LDTC) 
QUEBEC CITY, Canada, Dec. 09, 2024 (GLOBE NEWSWIRE) —LeddarTech®Holdings Inc.Nasdaq: LDTCLeddarVisiontoday announcedTexas InstrumentsIn connection with the collaboration and license agreements with TI and the advanced royalty payments provided thereunder (the “TI Pre-paid Royalty Fee”), LeddarTech entered into:The Fourteenth Amending Agreement to the Desjardins Credit Facility also provides for a monthly payment by LeddarTech to Desjardins of C$125,000 until the Short-Term Outside Date, which payments will be due and payable on the earlier of the Short-Term Outside Date and December 13, 2024, provided that if the full first installment of the TI Pre-paid Royalty Fee is received on or before December 13, 2024, the deferral will extend to the earlier of (x) the Short-Term Outside Date, and (y) January 31, 2025.The foregoing descriptions of the Fourteenth Amending Agreement to the Desjardins Credit Facility and the Second Amending Agreement to the Bridge Financing Offer do not purport to Show less Read more
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