share_log

424B3: Prospectus

SEC ·  Jul 6 05:27
Summary by Futu AI
LeddarTech Holdings Inc., listed on the Nasdaq under the symbol LDTC, has filed a prospectus supplement with the Securities and Exchange Commission (SEC) on July 5, 2024. This supplement updates and amends previous prospectuses related to the company's offerings of common shares, warrants, and shares underlying warrants and convertible notes. The supplement includes details of a temporary amendment to the company's credit facility with Fédération des caisses Desjardins du Québec, which reduces the required minimum cash balance that LeddarTech must maintain. The amendment is effective from July 5, 2024, through July 26, 2024, after which the minimum cash balance requirement will revert to its original amount. Additionally, the company has received non-binding indications of interest from principal shareholders to invest up to US$9.7 million, contingent on a separate financing transaction. The company's common shares and warrants last traded at $0.99 per share and $0.04 per warrant, respectively, as of July 3, 2024.
LeddarTech Holdings Inc., listed on the Nasdaq under the symbol LDTC, has filed a prospectus supplement with the Securities and Exchange Commission (SEC) on July 5, 2024. This supplement updates and amends previous prospectuses related to the company's offerings of common shares, warrants, and shares underlying warrants and convertible notes. The supplement includes details of a temporary amendment to the company's credit facility with Fédération des caisses Desjardins du Québec, which reduces the required minimum cash balance that LeddarTech must maintain. The amendment is effective from July 5, 2024, through July 26, 2024, after which the minimum cash balance requirement will revert to its original amount. Additionally, the company has received non-binding indications of interest from principal shareholders to invest up to US$9.7 million, contingent on a separate financing transaction. The company's common shares and warrants last traded at $0.99 per share and $0.04 per warrant, respectively, as of July 3, 2024.

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