LeddarTech Holdings Inc., listed on the Nasdaq under the symbol LDTC, has filed a prospectus supplement on July 29, 2024, to update and amend its previous prospectuses related to a primary offering of common shares and warrants, as well as secondary offerings. The supplement includes information from the company's Report of Foreign Private Issuer on Form 6-K, which was furnished to the SEC on the same date. The report details a Tenth Amending Agreement with Fédération des caisses Desjardins du Québec, temporarily reducing the Minimum Cash Covenant required by the company. The agreement, effective July 26, 2024, lowers the cash balance requirement to C$1.3 million until August 5, 2024, after which it will increase to C$5.0 million. This amendment follows a series...Show More

LeddarTech Holdings Inc., listed on the Nasdaq under the symbol LDTC, has filed a prospectus supplement on July 29, 2024, to update and amend its previous prospectuses related to a primary offering of common shares and warrants, as well as secondary offerings. The supplement includes information from the company's Report of Foreign Private Issuer on Form 6-K, which was furnished to the SEC on the same date. The report details a Tenth Amending Agreement with Fédération des caisses Desjardins du Québec, temporarily reducing the Minimum Cash Covenant required by the company. The agreement, effective July 26, 2024, lowers the cash balance requirement to C$1.3 million until August 5, 2024, after which it will increase to C$5.0 million. This amendment follows a series of previous agreements adjusting the financial covenants of the company's credit facility. LeddarTech continues to engage with principal shareholders and potential investors to secure financing to meet near-term obligations and support ongoing operations. The company's common shares and warrants were last reported on Nasdaq at $0.76 per share and $0.03 per warrant, respectively, as of July 26, 2024.