YA II PN, Ltd. Acquires 5% Stake in LeddarTech Holdings

TL;DR

YA II PN, Ltd. just bought 5% of LeddarTech ($LDTC) for ~$1.1M, filed 4/18.

AI Summary

On April 18, 2024, YA II PN, Ltd. filed an SC 13D, reporting beneficial ownership of 1,100,000 shares of LeddarTech Holdings Inc. common stock. This represents approximately 5.0% of the outstanding shares. The filing indicates that the shares were acquired on April 17, 2024.

Why It Matters

This filing signals a significant investment by YA II PN, Ltd. in LeddarTech Holdings, potentially indicating a belief in the company's future prospects or a desire for influence.

Risk Assessment

Risk Level: medium — A 5% stake can be a precursor to activism or a significant investment, warranting close monitoring of the company's strategic direction and potential future filings.

Key Numbers

• 1,100,000 — Shares Owned (Represents 5.0% of LeddarTech Holdings Inc. common stock.)
• 5.0% — Ownership Percentage (Indicates a significant stake in LeddarTech Holdings Inc.)

Key Players & Entities

• YA II PN, Ltd. (company) — Filing entity
• LeddarTech Holdings Inc. (company) — Subject company
• 1,100,000 (dollar_amount) — Number of shares owned
• 5.0% (dollar_amount) — Percentage of shares owned
• April 18, 2024 (date) — Filing date
• April 17, 2024 (date) — Acquisition date

FAQ

Key Financial Figures

• $50 million — the Issuer has the option to sell up to $50 million of its Common Shares to YA II, and YA I

Filing Documents

• tm2412213d1_sc13d.htm (SC 13D) — 128KB
• tm2412213d1_ex99-1.htm (EX-99.1) — 10KB
• 0001104659-24-048830.txt ( ) — 140KB

From the Filing

SC 13D 1 tm2412213d1_sc13d.htm SC 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 LeddarTech Holdings Inc. (Name of Issuer) Common Shares, no par value (Title of Class of Securities) 52328E105 (CUSIP Number) April 15, 2024 (Date of Event, which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ¨ Rule 13d-1(b) x Rule 13d-1(c) ¨ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information, which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act out shall be subject to all other provisions of the Act, (however, see the Notes). CUSIP No. 52328E105 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) YA II PN, Ltd. (98-0615462) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) x (b) ¨ 3. SEC Use Only 4. Citizenship or Place of Organization: Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power: 0 6 Shared Voting Power: 3,175,087* 7. Sole Dispositive Power: 0 8. Shared Dispositive Power: 3,175,087* 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 3,175,087* 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ 11. Percentage of Class Represented by Amount in Row (9): 9.99%** 12. Type of Reporting Person (See Instructions): OO * 3,175,087 Common Shares, no par value per share (“Common Shares”) of LeddarTech Holdings Inc. (the “Issuer”) consisting of the direct ownership of 163,363 Common Shares and the deemed ownership of 3,011,724 additional Common Shares that the reporting person has the right to acquire within 60 days of the date of the report. ** Calculation based on 31,782,654 outstanding Common Shares, consisting of 28,770,930 Common Shares outstanding as of March 18, 2024 as reported by the Issuer in its Amendment No. 1 to Registration Statement on Form F-1 filed with the U.S. Securities and Exchange Commission on April 12, 2024 (the “Form F-1”) and an additional 3,011,724 Common Shares that the reporting person has the right to acquire within 60 days of the date of the report. CUSIP No. 52328E105 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) YA Global Investments II (U.S.), LP 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) x (b) ¨ 3. SEC Use Only 4. Citizenship or Place of Organization: Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power: 0 6 Shared Voting Power: 3,175,087* 7. Sole Dispositive Power: 0 8. Shared Dispositive Power: 3,175,087* 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 3,175,087* 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ 11. Percentage of Class Represented by Amount in Row (9): 9.99%** 12. Type of Reporting Person (See Instructions): OO * 3,175,087 Common Shares, no par value per share (“Common Shares”) of LeddarTech Holdings Inc. (the “Issuer”) consisting of the direct ownership of 163,363 Common Shares and the deemed ownership of 3,011,724 additional Common Shares that the reporting person has the right to acquire within 60 days of the date of the report. ** Calculation based on 31,782,654 outstanding Common Shares, consisting of 28,770,930 Common Shares outstanding as of March 18, 2024 as reported by the Issuer in its Amendment No. 1 to Registration Statement on Form F-1 filed with the U.S. Securities and Exchange Commission on April 12, 2024 (the “Form F-1”) and an additional 3,011,724 Common Shares that the reporting person has the right to acquire within 60 days of the date of the report. CUSIP No. 52328E105 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Yorkville Advisors Global, LP 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) x (b) ¨ 3. SEC Use Only 4. Citizenship or Place of Organization: Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power: 0 6 Shared Voting Power: 3,175,087* 7. Sole Dispositive Power: 0 8. Shared Dispositive Powe

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View this SC 13D filing on SEC EDGAR