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0.078535019822541 0.000566358316027878 0.000755144421370504 0.057202189918822 0.078535019822541 0.00811780252973376 0.0243534075892013 0.0383235793845571
Stock impact report

LeddarTech Enters Into Amendments to Credit Facility and Bridge Financing Offer

LeddarTech Holdings Inc. - Common Shares (LDTC) 
Company Research Source: GlobeNewswire
QUEBEC CITY, Canada, March 07, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, today announced that it has entered into: a sixteenth amending agreement (the “Sixteenth Amending Agreement”) with Fédération des caisses Desjardins du Québec (“Desjardins”) with respect to the amended and restated financing offer dated as of April 5, 2023 (the “Desjardins Credit Facility”), pursuant to which Desjardins has agreed to, among other things, (i) temporarily postpone payment of interest for the months of July through December 2024 until the earlier of (x) the date of the final disbursement of one or several equity investments in the borrower for minimum gross proceeds amount of US$35,000,000 in the aggregate (the “Short-Term Outside Date”), and (y) March 31, 2025; and (ii) increase the minimum cash covenant under Show less Read more
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