share_log

6-K: Report of foreign private issuer (related to financial reporting)

6-K: Report of foreign private issuer (related to financial reporting)

6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  08/19 09:27
Moomoo AI 已提取核心信息
LeddarTech Holdings Inc., an automotive software company specializing in AI-based sensor fusion and perception software, announced a bridge financing deal on August 19, 2024. The agreement involves bridge loans totaling up to US$9.0 million from principal shareholders FS Investors and Investissement Québec, as well as senior lender Fédération des caisses Desjardins du Québec. The financing includes an option for the lenders to convert their loans into common shares at a significant premium. Additionally, FS Investors agreed to convert US$1.5 million of existing convertible notes into common shares at an above-market price. The first tranche of US$6.0 million is funded immediately, with a second tranche of US$3.0 million contingent on certain conditions, including a strategic investor commitment...Show More
LeddarTech Holdings Inc., an automotive software company specializing in AI-based sensor fusion and perception software, announced a bridge financing deal on August 19, 2024. The agreement involves bridge loans totaling up to US$9.0 million from principal shareholders FS Investors and Investissement Québec, as well as senior lender Fédération des caisses Desjardins du Québec. The financing includes an option for the lenders to convert their loans into common shares at a significant premium. Additionally, FS Investors agreed to convert US$1.5 million of existing convertible notes into common shares at an above-market price. The first tranche of US$6.0 million is funded immediately, with a second tranche of US$3.0 million contingent on certain conditions, including a strategic investor commitment. The bridge loans, bearing interest at 13%, are due by November 15, 2024, and are part of a broader effort to improve LeddarTech's financial condition amidst serious financial difficulties. The transaction is classified as a 'related party transaction' and is exempt from formal valuation and minority shareholder approval requirements due to the company's financial hardship. Maxim Group LLC is advising LeddarTech on the bridge financing, which is not registered under the Securities Act of 1933.
LeddarTech Holdings Inc.是一家专注于基于人工智能的传感器融合和感知软件的汽车软件公司,在2024年8月19日宣布了一项桥梁融资交易。该协议涉及到来自主要股东FS Investors和Investissement Québec,以及资深借款人魁北克人合作银行联盟(Fédération des caisses Desjardins du Québec)的总计多达900万美元的桥梁贷款。融资方拥有将其贷款转换为普通股的选择,并获得了重要的溢价。此外,FS Investors同意以高于市场价格的价格将150万美元的现有可转换票据转换为普通股。600万美元的第一笔贷款已经融资,第...展开全部
LeddarTech Holdings Inc.是一家专注于基于人工智能的传感器融合和感知软件的汽车软件公司,在2024年8月19日宣布了一项桥梁融资交易。该协议涉及到来自主要股东FS Investors和Investissement Québec,以及资深借款人魁北克人合作银行联盟(Fédération des caisses Desjardins du Québec)的总计多达900万美元的桥梁贷款。融资方拥有将其贷款转换为普通股的选择,并获得了重要的溢价。此外,FS Investors同意以高于市场价格的价格将150万美元的现有可转换票据转换为普通股。600万美元的第一笔贷款已经融资,第二笔300万美元的贷款视情况而定,包括战略投资者的承诺。借款的利率为13%,截至2024年11月15日到期,是LeddarTech在面临严重的财务困难下改善其财务状况所做的努力之一。该交易被归类为“关联方交易”,由于公司的财务困难,因此免除了正式估值和少数股东批准的要求。Maxim Group LLC正为LeddarTech的桥梁融资提供咨询服务,该融资方案未在1933年证券法案下注册。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息