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LeddarTech Holdings ( (LDTC) ) has shared an announcement.
LeddarTech Holdings Inc. has announced the receipt of the first installment of advanced royalty payments from Texas Instruments (TI), as part of a strategic collaboration to advance ADAS and AD markets. This payment fulfills conditions in existing credit facility and bridge financing agreements with Desjardins and other lenders, ensuring financial stability and extending key financing deadlines to January 31, 2025, thus strengthening LeddarTech’s market positioning and operational capabilities.
More about LeddarTech Holdings
LeddarTech Holdings Inc. is a company operating in the automotive technology industry, focusing on providing advanced driver assistance systems (ADAS) and autonomous driving (AD) solutions. The company is known for its comprehensive, integrated platform solutions that enhance vehicle safety and automation capabilities.
YTD Price Performance: -29.30%
Average Trading Volume: 6,521,402
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $66.04M
For a thorough assessment of LDTC stock, go to TipRanks’ Stock Analysis page.
