Core Points - LeddarTech Holdings Inc. has received a determination letter from Nasdaq indicating that its securities will be suspended from trading on June 24, 2025, and subsequently delisted due to concerns related to its filing under the Bankruptcy and Insolvency Act (BIA) [1][2][3] - The company filed under the BIA on June 18, 2025, leading to the resignation of its board of directors [4] - LeddarTech is recognized for its AI-powered software solutions in advanced driver assistance systems (ADAS) and autonomous driving (AD), with over 190 patent applications [5][6] Company Overview - Founded in 2007 and headquartered in Quebec City, LeddarTech specializes in AI-based low-level sensor fusion and perception software for ADAS and autonomous driving applications [5] - The company's technology aims to enhance vehicle awareness, making global mobility safer and more efficient [6] - LeddarTech's software is designed for OEMs and Tier 1-2 suppliers, facilitating the implementation of automotive and off-road vehicle ADAS solutions [5]

Core Viewpoint - LeddarTech Holdings Inc. intends to file for bankruptcy under the Bankruptcy and Insolvency Act (Canada) after failing to find a suitable acquirer or raise sufficient capital [1][2]. Company Overview - LeddarTech is an AI-powered software company specializing in advanced driver assistance systems (ADAS) and autonomous driving (AD) [1][5]. - Founded in 2007 and headquartered in Quebec City, the company has additional R&D centers in Montreal and Tel Aviv, Israel [5]. - The company develops AI-based low-level sensor fusion and perception software solutions for ADAS, autonomous driving, and parking applications [5]. Financial Situation - The board of directors decided on bankruptcy after a strategic review did not yield a suitable acquirer or commercial partner, and the company received a notice of default under its bridge financing [2]. - The company does not expect to resume active operations and warns that investors may receive little to no value from the bankruptcy proceedings [3]. Governance Changes - All members of the board of directors will resign effective upon the bankruptcy assignment [3]. Market Impact - Trading of the company's common shares and warrants on Nasdaq is expected to be halted due to the bankruptcy proceedings, with a potential delisting from Nasdaq anticipated [4]. Innovations and Patents - LeddarTech holds over 190 patent applications, with 112 granted, focusing on enhancing ADAS, AD, and parking capabilities [6]. - The company aims to become the most widely adopted sensor fusion and perception software solution to improve global mobility safety and efficiency [6].

QUEBEC CITY, Canada, June 11, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that, as a result of the cessation of the Company’s discussions with a significant potential commercial counterpart and in light of the Company’s current financial position, the Company has laid off most of its employees and will no ...

QUEBEC CITY, Canada, June 09, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-powered low-level sensor fusion and perception software technology, LeddarVision™, today announced that it has entered into: an eighteenth amending agreement (the “Eighteenth Amending Agreement”) with Fédération des caisses Desjardins du Québec (“Desjardins”) with respect to the amended and restated financing offe ...

Core Viewpoint - LeddarTech Holdings Inc. is currently in discussions with lenders regarding financing options but has not yet reached an agreement for additional funding or relief from existing covenants [1][2] Group 1: Financial Situation - The company is actively negotiating with Desjardins and Bridge Lenders for additional financing but has not secured any agreements [1] - To conserve cash and extend negotiation time, LeddarTech announced temporary layoffs affecting approximately 138 employees, which is about 95% of its total workforce [2] - The company is exploring various alternatives, including restructuring obligations, selling the business or assets, and seeking creditor protection under the Companies' Credit Arrangement Act [2] Group 2: Company Overview - LeddarTech, founded in 2007 and headquartered in Quebec City, specializes in AI-based software solutions for advanced driver assistance systems (ADAS) and autonomous driving (AD) [3] - The company has developed over 190 patent applications, with 112 granted, focusing on enhancing ADAS and AD capabilities [4] - LeddarTech aims to be the most widely adopted sensor fusion and perception software solution, contributing to safer and more efficient global mobility [4]

Investors might want to bet on LeddarTech Holdings Inc. (LDTC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by th ...

魁北克市，加拿大, May 15, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc.（以下简称“LeddarTech”，Nasdaq：LDTC）是一家人工智能驱动的软件公司，因其在高级驾驶辅助系统 (ADAS) 和自动驾驶 (AD) 领域的创新而享有盛誉。公司现欣然宣布推出全新一代仿真平台 LeddarSim™，旨在缩小虚拟测试与实际部署之间的差距。 LeddarSim 通过对驾驶场景（包括摄像头、雷达和激光雷达输入）进行突破性的多模态神经重建，成功弥合了真实环境与仿真之间的长期鸿沟，为 ADAS 和 AD 技术开发树立了新标杆。 该平台能够实时生成传感器级精度的真实驾驶场景渲染，逼真还原现实世界的复杂性与动态变化，打造出高保真环境，助力开发者在贴近实际的条件下训练、测试与验证感知模型。 预计将为汽车原始设备制造商和一级供应商带来以下益处： 加快产品上市时间：LeddarSim 支持 ADAS/AD 工程师在虚拟环境下对数百万个可配置场景进行重建和测试，从而显著缩短开发周期，并加快验证速度。降低成本，不降质量：LeddarSim 在不牺牲准确性的前提下提供经 ...

LeddarTech Holdings Inc. (LDTC) came out with a quarterly loss of $0.27 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.45 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.24 per share when it actually produced a loss of $0.41, delivering a surprise of -70.83%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.LEDDARTECH HLDG, which belongs t ...

Exhibit 99.2 (Unaudited) [going concern uncertainty – note 1] | | | March 31, | September 30, | | --- | --- | --- | --- | | | Notes | 2025 | 2024 | | | | $ | $ | | Assets | | | | | Current assets | | | | | Cash | | 9,211,631 | 5,269,084 | | Trade receivable and other receivables | | 1,394,536 | 1,489,402 | | Government assistance and R&D tax credits receivable | | 1,377,623 | 1,287,468 | | Inventories | | — | 467,344 | | Prepaid expenses | | 2,292,123 | 1,545,267 | | Total current assets | | 14,275,913 | 10 ...

QUEBEC CITY, Canada, May 14, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), is pleased to announce the launch of LeddarSim™, a next-generation simulation platform purposely built to reduce the gap between virtual testing and real-world deployment. LeddarSim redefines the standards of ADAS and AD development by closing the long-standing simu ...