LeddarTech Holdings Inc. Announces Intention to File for Bankruptcy Under Canada's Bankruptcy and Insolvency Act
LeddarTech Holdings Inc. has announced its intention to file for bankruptcy under the Bankruptcy and Insolvency Act in Canada. This decision follows a previous announcement on June 11, 2025. The company, known for its innovation in advanced driver assistance systems and autonomous driving, does not expect to resume active operations. Consequently, it warns investors of the significant risk that shareholders may receive little to no value from the proceedings. The company also anticipates that its shares and warrants will be halted and potentially delisted from the Nasdaq. Further updates will be provided as the situation evolves.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LeddarTech Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9469800-en) on June 17, 2025, and is solely responsible for the information contained therein.
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