LeddarTech Holdings ( (LDTC) ) has shared an update.
LeddarTech Holdings Inc. announced its listing transfer from the Nasdaq Global Market to the Nasdaq Capital Market, effective February 6, 2025. This strategic move follows the company’s efforts to address compliance issues with Nasdaq’s listing requirements. The transfer is not expected to affect trading in the company’s securities. LeddarTech’s recent business momentum is highlighted by the selection of its LeddarVision software by a leading commercial vehicle OEM for an ADAS program in 2028 model year vehicles. This development underscores the company’s successful commercial strategy and growing influence in the automotive software industry.
More about LeddarTech Holdings
LeddarTech Holdings Inc. is a global automotive software company founded in 2007 and headquartered in Quebec City, with additional R&D centers in Montreal and Tel Aviv, Israel. The company specializes in AI-based low-level sensor fusion and perception software solutions, primarily for ADAS, autonomous driving, and parking applications. Its flagship product, LeddarVision, utilizes advanced AI and computer vision algorithms to create accurate 3D models for improved decision-making and safer navigation. LeddarTech serves OEMs and Tier 1-2 suppliers, focusing on enhancing mobility through innovative remote-sensing technology.
YTD Price Performance: -30.08%
Average Trading Volume: 8,281,525
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $33.35M
Find detailed analytics on LDTC stock on TipRanks’ Stock Analysis page.