QUEBEC CITY, Canada, Nov. 15, 2023 (GLOBE NEWSWIRE) -- LeddarTech®, an automotive software company that provides patented disruptive low-level sensor fusion and perception software technology for ADAS and AD, proudly announces the appointment of Mr. Chris Stewart as Chief Financial Officer ("CFO"). As CFO at LeddarTech, Mr. Stewart will be instrumental in supporting LeddarTech in completing its recently announced business combination with Prospector Capital Corp. and transitioning to a publicly traded company. Mr. Stewart has over 20 years of financial management experience at companies ranging from startups to large public companies. Mr. Stewart previously served as the Chief Financial

Prospector Capital Corp. ("Prospector") (NASDAQ:PRSRU, PRSR and PRSRW))) previously announced that it will issue, in connection with the consummation (the "Closing") of the proposed business combination (the "Business Combination") with LeddarTech Inc., a corporation existing under the laws of Canada ("LeddarTech"), and LeddarTech Holdings Inc., a company incorporated under the laws of Canada and a wholly owned subsidiary of LeddarTech, as a dividend, to each holder of Class A ordinary shares of Prospector (the "Prospector Class A Shares"), on the date of the Closing (the "Closing Date"), that elects not to redeem its Prospector Class A Shares, one additional Prospector Class A Share for ea

LeddarTech has the potential to disrupt the markets for Advanced Driver Assistance Systems ("ADAS") and Autonomous Driving ("AD") with patented low-level sensor fusion and perception software products.LeddarTech's unique solution solves current limitations, enabling leading automotive original equipment manufacturers ("OEMs") and Tier 1-2 suppliers to drive ADAS and AD to new levels of performance, safety and adoption.The transaction is expected to provide the company with up to U.S. $66 million in gross proceeds, including up to U.S. $23 million in proceeds from the Prospector trust account (assuming no redemptions) and U.S. $43 million in convertible PIPE proceeds.The transaction values Le

LeddarTech®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for advanced driver assistance systems (ADAS) and autonomous driving (AD), is pleased to announce the completion of its business combination, previously announced on June 13, 2023 with Prospector Capital Corp. ("Prospector") (NASDAQ:PRSR, PRSRU, PRSRW))))) today. Commencing at the open of trading on December 22, 2023, LeddarTech common shares and warrants to purchase common shares will be listed on the Nasdaq Global Market under the ticker symbols "LDTC" and "LDTCW," respectively. As an automotive pure software company, LeddarTech offers a very cru

Prospector Capital Corp. ("Prospector") (NASDAQ:PRSRU, PRSR and PRSRW))))) previously announced that it will issue, in connection with the consummation (the "Closing") of the proposed business combination (the "Business Combination") with LeddarTech Inc., a corporation existing under the laws of Canada ("LeddarTech"), and LeddarTech Holdings Inc., a company incorporated under the laws of Canada and a wholly owned subsidiary of LeddarTech, as a dividend, to each holder on the date of the Closing (the "Closing Date") of Class A ordinary shares of Prospector (the "Prospector Class A Shares") that were included in the units issued in Prospector's initial public offering and were not redeemed, as

Record date for the previously announced issuance of one additional Prospector Class A Share for each non-redeemed Prospector Class A Share will be on the closing date

Prospector Capital Corp. ("Prospector") (NASDAQ:PRSRU) (NASDAQ:PRSR) (NASDAQ:PRSRW) announced that the conditions to closing the proposed business combination (the "Business Combination") with LeddarTech Inc., a corporation existing under the laws of Canada ("LeddarTech"), and LeddarTech Holdings Inc., a company incorporated under the laws of Canada and a wholly owned subsidiary of LeddarTech ("Newco"), have not yet been satisfied and the Business Combination has not closed. The parties are working together to expeditiously satisfy such closing conditions, including obtaining the approval of Nasdaq to list Newco's common shares and warrants following the closing of the Business Combination.

LeddarTech and Prospector Capital announced their entry into a definitive business combination agreement that would result in LeddarTech becoming a publicly listed company. Upon closing of the transaction, which is expected by the fourth quarter of 2023, LeddarTech is expected to be listed on Nasdaq under the ticker symbol "LDTC."

Prospector Capital Corp. (the "Company") announced today that on December 18, 2023, it received a letter from the listing qualifications department staff of The Nasdaq Stock Market ("Nasdaq") notifying the Company that it would be de-listed from the Nasdaq Capital Market for failure to maintain a minimum Market Value of Listed Securities at or above the minimum of $35 million required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2), subject to the Company's right to appeal. In light of the Company's subsequent completion on December 21, 2023 of its previously announced business combination, Nasdaq has confirmed that no further action need be t

QUEBEC, Dec. 21, 2023 /PRNewswire/ - LeddarTech®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for advanced driver assistance systems (ADAS) and autonomous driving (AD), is pleased to announce the completion of its business combination, previously announced on June 13, 2023 with Prospector Capital Corp. ("Prospector") (NASDAQ:PRSR, PRSRU, PRSRW))) today. Commencing at the open of trading on December 22, 2023, LeddarTech common shares and warrants to purchase common shares will be listed on the Nasdaq Global Market under the ticker symbols "LDTC" and "LDTCW," respectively.

Prospector Capital Corp. ("Prospector") (NASDAQ:PRSRU, PRSR and PRSRW))) previously announced that it will issue, in connection with the consummation (the "Closing") of the proposed business combination (the "Business Combination") with LeddarTech Inc., a corporation existing under the laws of Canada ("LeddarTech"), and LeddarTech Holdings Inc., a company incorporated under the laws of Canada and a wholly owned subsidiary of LeddarTech, as a dividend, to each holder on the date of the Closing (the "Closing Date") of Class A ordinary shares of Prospector (the "Prospector Class A Shares") that were included in the units issued in Prospector's initial public offering and were not redeemed, as

Record date for the previously announced issuance of one additional Prospector Class A Share for each non-redeemed Prospector Class A Share will be on the closing date QUEBEC CITY, Dec. 19, 2023 /PRNewswire/ - LeddarTech Inc.® ("LeddarTech" or the "Company"), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS and AD, and Prospector Capital Corp. ("Prospector") (NASDAQ:PRSR, PRSRU, PRSRW))), a publicly traded special-purpose acquisition company led by former Qualcomm President Derek Aberle and chaired by former Qualcomm Vice Chairman Steve Altman, today announced that Prospector's shareholders voted to

LA JOLLA, Calif., Dec. 18, 2023 /PRNewswire/ - Prospector Capital Corp. ("Prospector") (NASDAQ:PRSRU) (NASDAQ:PRSR) (NASDAQ:PRSRW) announced that the conditions to closing the proposed business combination (the "Business Combination") with LeddarTech Inc., a corporation existing under the laws of Canada ("LeddarTech"), and LeddarTech Holdings Inc., a company incorporated under the laws of Canada and a wholly owned subsidiary of LeddarTech ("Newco"), have not yet been satisfied and the Business Combination has not closed. The parties are working together to expeditiously satisfy such closing conditions, including obtaining the approval of Nasdaq to list Newco's common shares and warrants foll

QUEBEC CITY, Canada, Dec. 13, 2023 (GLOBE NEWSWIRE) -- LeddarTech® (NASDAQ:LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS and AD, is thrilled to announce its presence at CES 2024 (booth 11014 LVCC/North Hall) and to offer visitors an exclusive glimpse into the next generation of software technology and inspired products enabling ADAS and AD applications.  IMMERSE YOURSELF in the future of automotive innovation with LeddarVision™, a sensor and processor-agnostic, high-performance and versatile automotive low-level sensor fusion and perception software platform that generates a comprehensive

Prospector Capital Corp. ("Prospector") (NASDAQ:PRSRU, PRSR and PRSRW))) previously announced that it will issue, in connection with the consummation (the "Closing") of the proposed business combination (the "Business Combination") with LeddarTech Inc., a corporation existing under the laws of Canada ("LeddarTech"), and LeddarTech Holdings Inc., a company incorporated under the laws of Canada and a wholly owned subsidiary of LeddarTech, as a dividend, to each holder of Class A ordinary shares of Prospector (the "Prospector Class A Shares"), on the date of the Closing (the "Closing Date"), that elects not to redeem its Prospector Class A Shares, one additional Prospector Class A Share for ea

QUEBEC CITY, Canada and VIENNA, Austria, Dec. 06, 2023 (GLOBE NEWSWIRE) -- LeddarTech®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS and AD and TTTech Auto, a technology leader in automotive safety software, are pleased to announce the completion of a joint demonstrator for a fail-operational architecture based on LeddarTech's LeddarVision™ software and TTTech Auto's Safety Co-Pilot solution. TTTech Auto's innovative Safety Co-Pilot solution tackles the challenges of a safety architecture suitable for autonomous driving on SAE Level 3 and beyond. It is based on a doer channel, which is respons

QUEBEC CITY, Dec. 04, 2023 (GLOBE NEWSWIRE) -- LeddarTech Inc.® ("LeddarTech" or the "Company"), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS and AD, and Prospector Capital Corp. ("Prospector") (NASDAQ:PRSR, PRSRU, PRSRW))), a publicly traded special-purpose acquisition company led by former Qualcomm President Derek Aberle and chaired by former Qualcomm Vice Chairman Steve Altman, today announced that on December 4, 2023 the U.S. Securities and Exchange Commission (the "SEC") declared effective the Registration Statement on Form F-4, as amended, filed by LeddarTech Holdings Inc. ("Newco") in co

Extraordinary General Meeting Scheduled for December 13, 2023 Prospector Capital Corp. ("Prospector") (NASDAQ:PRSRU, PRSR and PRSRW))) announced that it will call an Extraordinary General Meeting of its shareholders on December 13, 2023 at 10:00 am ET to, among other things, approve the proposed business combination (the "Business Combination") with LeddarTech Inc., a corporation existing under the laws of Canada ("LeddarTech"), and LeddarTech Holdings Inc., a company incorporated under the laws of Canada and a wholly owned subsidiary of LeddarTech ("Newco"). The Extraordinary General Meeting will be held at the offices of White & Case LLP, 1221 Avenue of the Americas, New York, NY 10020