LeddarTech Announces Intention to File under the Bankruptcy and Insolvency Act in Canada

QUEBEC CITY, Canada, June 16, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that, further to its press release dated June 11, 2025, it intends on making an assignment into…

LeddarTech Announces Intention to File under the Bankruptcy and Insolvency Act in Canada — TradingView News

QUEBEC CITY, Canada, June 16, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that, further to its press release dated June 11, 2025, it intends on making an assignment into bankruptcy pursuant…

What Happens to USDC Reserves If Circle Goes Bankrupt?

In brief Circle’s move to go public doesn’t impact USDC’s stability rating, according to S&P analysts. Legal uncertainty remains over whether USDC reserves would be protected if Circle goes bankrupt. Proposed GENIUS Act legislation could clarify stablecoin holder protections in bankruptcy scenarios. USDC issuer Circle’s “moon landing moment” of its IPO and subsequently soaring stock…

Grocery business goes into liquidation

The directors of a Frankton international grocery business have blamed staffing issues, online competition and high transport costs for the company’s insolvency. Spice King, which was incorporated in August 2017, was placed in liquidation last month by resolution of its Christchurch-based shareholders, Neeta and Krishna Shetty, who were also the company’s directors. In their first…

Gas fermentation firm Arkeon files for insolvency

Arkeon, an Austrian biotech company developing sustainable protein via gas fermentation, has formally filed for insolvency. The announcement was shared by co-founder and CEO Gregor Tegl on his LinkedIn page, marking the end of the start-up’s efforts to commercialise its alternative protein technology. In a public statement, Tegl expressed gratitude to the team, investors, partners…