LeddarTech Reports Q2 2024 Results & Financing Update
Ticker: LDTDF · Form: 6-K · Filed: Aug 15, 2024 · CIK: 1981462
| Field | Detail |
|---|---|
| Company | Leddartech Holdings Inc. (LDTDF) |
| Form Type | 6-K |
| Filed Date | Aug 15, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $5.0 million, $250,000, $1.0 million, $35.0 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, financing, amendment
TL;DR
LeddarTech dropped Q2 earnings and amended financing with Desjardins on Aug 14.
AI Summary
LeddarTech Holdings Inc. reported its financial results for the periods ending June 30, 2024. The company also announced an amendment to its financing offer on August 14, 2024, entering into a Twelfth Amending Agreement with Fédération des caisses Desjardins du Québec. This filing is a report of foreign private issuer for the month of August 2024.
Why It Matters
This filing provides investors with an update on LeddarTech's financial performance and ongoing financing activities, which are crucial for assessing the company's operational health and future prospects.
Risk Assessment
Risk Level: medium — The filing concerns financial results and financing amendments, which can indicate financial health and future funding stability.
Key Players & Entities
- LeddarTech Holdings Inc. (company) — Filer of the report
- June 30, 2024 (date) — End of reporting period for financial results
- August 14, 2024 (date) — Date of the Twelfth Amending Agreement
- Fédération des caisses Desjardins du Québec (company) — Counterparty to the financing amendment
- 001-41893 (company) — SEC File Number for LeddarTech Holdings Inc.
FAQ
What specific financial results were announced for the three and nine month periods ended June 30, 2024?
The filing states that LeddarTech Holdings Inc. announced its financial results for these periods, but the specific figures are not detailed within this 6-K form itself, directing readers to exhibits 99.1, 99.2, and 99.3 for details.
What is the nature of the Twelfth Amending Agreement entered into on August 14, 2024?
The Twelfth Amending Agreement, also referred to as the 'Amendment and Waiver', was entered into with Fédération des caisses Desjardins du Québec.
Does LeddarTech Holdings Inc. file annual reports under Form 20-F or Form 40-F?
LeddarTech Holdings Inc. indicated with a checkmark that it files annual reports under Form 20-F.
What is the business address and phone number of LeddarTech Holdings Inc. as listed in the filing?
The business address is 4535, boulevard Wilfrid-Hamel, Suite 240, Quebec G1P 2J7, Canada, and the phone number is (418) 653-9000.
What is the purpose of this Form 6-K filing?
This Form 6-K is a Report of Foreign Private Issuer filed for the month of August 2024, announcing financial results and providing an update on financing activities.
Filing Stats: 501 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-08-15 06:17:23
Key Financial Figures
- $5.0 million — quo;Minimum Cash Covenant”) from C$5.0 million to the current requirement of C$250,000
- $250,000 — million to the current requirement of C$250,000 through August 14, 2024. Pursuant to th
- $1.0 million — increase the Minimum Cash Covenant to C$1.0 million from August 19, 2024 until the earlier
- $35.0 — or a minimum gross proceeds amount of US$35.0 (the “Short-Term Outside Date&rdq
Filing Documents
- ea0211466-6k_leddar.htm (6-K) — 20KB
- ea021146601ex10-1_leddar.htm (EX-10.1) — 28KB
- ea021146601ex99-1_leddar.htm (EX-99.1) — 312KB
- ea021146601ex99-2_leddar.htm (EX-99.2) — 524KB
- ea021146601ex99-3_leddar.htm (EX-99.3) — 62KB
- ea021146601ex99-4_leddar.htm (EX-99.4) — 9KB
- ea021146601ex99-5_leddar.htm (EX-99.5) — 9KB
- ex10-1_001.jpg (GRAPHIC) — 3KB
- ex10-1_002.jpg (GRAPHIC) — 10KB
- ex99-3_001.jpg (GRAPHIC) — 2KB
- 0001213900-24-069315.txt ( ) — 986KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. LEDDARTECH HOLDINGS INC. By: /s/ David Torralbo Name: David Torralbo, Title: Chief Legal Officer Date: August 14, 2024 2