share_log

424B3: Prospectus

SEC ·  Jul 29 21:30
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 29, 2024. This filing updates, amends, and supplements previous prospectuses related to the primary and secondary offerings of common shares and warrants. The company has entered into a Tenth Amending Agreement with Fédération des caisses Desjardins du Québec, temporarily reducing the required minimum cash balance to C$1.3 million from July 26, 2024, through August 5, 2024, after which a minimum of C$5.0 million must be maintained. The amendment follows a previous agreement requiring the company to maintain higher minimum cash balances in July. The company's common shares and warrants are traded on Nasdaq, with the last reported sale prices on July 26, 2024, being $0.76 per share and $0.03 per warrant, respectively. LeddarTech is also in discussions with principal shareholders and potential investors to secure financing to meet near-term obligations and support ongoing operations. However, there is no assurance that the financing will be completed.
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 29, 2024. This filing updates, amends, and supplements previous prospectuses related to the primary and secondary offerings of common shares and warrants. The company has entered into a Tenth Amending Agreement with Fédération des caisses Desjardins du Québec, temporarily reducing the required minimum cash balance to C$1.3 million from July 26, 2024, through August 5, 2024, after which a minimum of C$5.0 million must be maintained. The amendment follows a previous agreement requiring the company to maintain higher minimum cash balances in July. The company's common shares and warrants are traded on Nasdaq, with the last reported sale prices on July 26, 2024, being $0.76 per share and $0.03 per warrant, respectively. LeddarTech is also in discussions with principal shareholders and potential investors to secure financing to meet near-term obligations and support ongoing operations. However, there is no assurance that the financing will be completed.
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This announcement is a separate document:

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