- LeddarTech Holdings Inc. (LDTC, Financial) receives a delisting notice from Nasdaq, effective June 24, 2025.
- The company files for bankruptcy under the Bankruptcy and Insolvency Act in Canada on June 18, 2025.
- Entire board of directors resigns following the bankruptcy filing.
LeddarTech Holdings Inc. (LDTC), a company specializing in AI-powered software for advanced driver assistance systems (ADAS) and autonomous driving, is set to be delisted from Nasdaq. The delisting will become effective on June 24, 2025, following the company's recent bankruptcy filing under the Bankruptcy and Insolvency Act in Canada.
The decision by Nasdaq to delist LeddarTech is rooted in concerns over the bankruptcy announcement, the residual equity interest of shareholders, and the company's failure to meet listing requirements. LeddarTech has chosen not to appeal this decision.
Significant corporate changes have taken place as LeddarTech filed for bankruptcy on June 18, 2025. The filing triggered the resignation of the entire board of directors, marking a substantial shift in the company's leadership.
The trading of LDTC shares will be suspended at market open on June 24, 2025, and the formal delisting will occur after Nasdaq submits Form 25-NSE to the SEC. This sequence of events highlights critical financial difficulties facing LeddarTech and signals potential elimination of shareholder value.
