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

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

6-K:外國發行人報告(業績相關)
美股SEC公告 ·  08/19 09:27
Moomoo AI 已提取核心訊息
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.,一家專注於人工智能傳感器融合和感知軟件的汽車軟件公司,在2024年8月19日宣佈了一項橋樑融資交易。該協議涉及來自主要股東FS Investors和Investissement Québec以及資深借方Fédération des caisses Desjardins du Québec的總計高達900萬美元的橋樑貸款。融資包括貸款人將其貸款轉換爲普通股的選擇,以高價溢價的方式進行。此外,FS Investors同意將價值150萬美元的現有可轉債轉換爲普通股,以高於市價的價格進行。首期600萬美元已經獲得資助,第二階段300萬美元將視情況而定,...展開全部
LeddarTech Holdings Inc.,一家專注於人工智能傳感器融合和感知軟件的汽車軟件公司,在2024年8月19日宣佈了一項橋樑融資交易。該協議涉及來自主要股東FS Investors和Investissement Québec以及資深借方Fédération des caisses Desjardins du Québec的總計高達900萬美元的橋樑貸款。融資包括貸款人將其貸款轉換爲普通股的選擇,以高價溢價的方式進行。此外,FS Investors同意將價值150萬美元的現有可轉債轉換爲普通股,以高於市價的價格進行。首期600萬美元已經獲得資助,第二階段300萬美元將視情況而定,包括戰略投資者的承諾。這些帶有13%利息的橋樑貸款將在2024年11月15日前到期,是LeddarTech在嚴重財務困境中改善財務狀況的更廣泛努力的一部分。該交易被歸類爲「關聯方交易」,並由於公司的財務困境而豁免了正式估值和少數股東批准要求。Maxim Group LLC爲LeddarTech就橋樑融資提供諮詢服務,該融資未在1933年證券法下注冊。
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