share_log

424B3: Prospectus

SEC ·  Jul 6 05:32
Summary by Futu AI
LeddarTech Holdings Inc., listed on the Nasdaq Global Market under the symbol LDTC, has filed a prospectus supplement on July 5, 2024, to update and amend previous prospectuses related to its securities offerings. The supplement includes information from the company's Report of Foreign Private Issuer on Form 6-K, also filed on July 5, 2024. The company has announced a primary offering of over 24 million common shares, along with warrants and shares underlying warrants and convertible notes. Additionally, secondary offerings of common shares have been detailed. LeddarTech has entered into a Ninth Amending Agreement with Fédération des caisses Desjardins du Québec, temporarily reducing the required minimum cash balance the company must maintain. The agreement also outlines fees payable to Desjardins and...Show More
LeddarTech Holdings Inc., listed on the Nasdaq Global Market under the symbol LDTC, has filed a prospectus supplement on July 5, 2024, to update and amend previous prospectuses related to its securities offerings. The supplement includes information from the company's Report of Foreign Private Issuer on Form 6-K, also filed on July 5, 2024. The company has announced a primary offering of over 24 million common shares, along with warrants and shares underlying warrants and convertible notes. Additionally, secondary offerings of common shares have been detailed. LeddarTech has entered into a Ninth Amending Agreement with Fédération des caisses Desjardins du Québec, temporarily reducing the required minimum cash balance the company must maintain. The agreement also outlines fees payable to Desjardins and conditions for a targeted US$30 million equity investment. The company's common shares and warrants were last reported on Nasdaq at $0.99 per share and $0.04 per warrant, respectively, on July 3, 2024. LeddarTech has also received indications of interest from principal shareholders to invest up to US$9.7 million, contingent on certain conditions including a successful financing transaction.

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