Press Release, 12 June 2025
LeddarTech® Holdings Inc. recently announced that, as a result of the cessation of the Company’s discussions with a significant potential commercial counterpart and in light of the Company’s current financial position, the Company has laid off most of its employees and will no longer be calling back any employees that were previously furloughed.
The board of directors of the Company is continuing its previously announced review of alternatives that may be available to the Company. These alternatives include, but are not limited to, a sale of the business or certain of its assets, an orderly dissolution, restructuring activities, a potential assignment into bankruptcy, or other…