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0 0 0.0426884650317893 0 0.0499545867393278 0.0499545867393278 0.0293672419013018 0.0354223433242506
Stock impact report

LeddarTech Provides Financing Update

LeddarTech Holdings Inc. - Common Shares (LDTC) 
Company Research Source: GlobeNewswire
QUEBEC CITY, Canada, Nov. 26, 2024 (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™, provides an update with respect to the previously disclosed bridge financing offer entered into with the initial bridge lenders and certain members of management and the board of directors (collectively, the “Bridge Lenders”) dated as of August 16, 2024 (as amended, the “Bridge Financing Offer”), which Bridge Financing Offer, as well as the amended and restated financing offer entered into with Fédération des caisses Desjardins du Québec (“Desjardins”) dated as of April 5, 2023 (as amended, the “Desjardins Credit Facility”), required LeddarTech to secure certain equity investments by November 15, 2024 (the “Maturity Date”). Although LeddarTech did not complete the required financing by the Maturity Date, LeddarTech continue Show less Read more
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