Company Description
LeddarTech Holdings Inc. (Nasdaq: LDTC) is described in its public communications as an AI-powered automotive software company and a global software company focused on advanced driver assistance systems (ADAS), autonomous driving (AD) and parking applications. According to multiple corporate updates, LeddarTech develops and provides AI-based low-level sensor fusion and perception software that is intended to support the deployment of ADAS and AD solutions for automotive and off-road vehicles.
The company states that it was founded in 2007 and is headquartered in Quebec City, Canada, with additional research and development centers in Montreal and Tel Aviv, Israel. LeddarTech’s software is characterized in its news releases as automotive-grade and as applying advanced AI and computer vision algorithms to generate 3D models of the surrounding environment, with the goal of enabling better decision making and safer navigation for vehicles. Its technology is described as high-performance, scalable and cost-effective, and is made available to original equipment manufacturers (OEMs) and Tier 1 and Tier 2 suppliers that are implementing ADAS solutions.
Business focus and technology
LeddarTech’s core focus, as outlined in its press releases, is low-level sensor fusion and perception software. The company indicates that its software processes data from multiple sensor modalities to support ADAS, AD and parking functions. This software is positioned for use in automotive and off-road vehicle applications and is offered to OEMs and Tier 1-2 suppliers that integrate such software into their systems.
The company also reports that it has been responsible for a number of remote-sensing innovations. In its news disclosures, LeddarTech states that it has over 190 patent applications, with more than 100 of those granted, relating to technologies that enhance ADAS, AD and parking capabilities. Earlier communications referenced over 170 patent applications with dozens granted, indicating an ongoing emphasis on intellectual property in remote sensing and perception.
Products and platforms referenced in disclosures
In its news releases, LeddarTech highlights specific software platforms associated with its business. The company refers to its AI-powered low-level sensor fusion and perception software technology under the name LeddarVision™, which it associates with ADAS, AD and parking applications. LeddarTech also announced the launch of LeddarSim™, which it describes as a next-generation simulation platform built to reduce the gap between virtual testing and real-world deployment of ADAS and AD solutions.
According to the company’s description of LeddarSim, the platform is intended to generate sensor-accurate, real-time renderings of real-world driving scenarios and to support multi-modal sensor inputs, including camera, radar and LiDAR data. The company states that LeddarSim is designed to help developers train, test and validate perception models in environments that reflect real-world complexity and dynamics. In its communications, LeddarTech presents LeddarSim as a tool that can be used on a stand-alone basis or integrated into existing simulation toolchains.
Intended customers and applications
LeddarTech’s public statements indicate that its software solutions are targeted at automotive OEMs and Tier 1-2 suppliers. The company describes its technology as enabling these customers to implement ADAS, AD and parking applications in automotive and off-road vehicles. In addition, LeddarTech has reported that it provides engineering services to integrate its software platform into vehicles of a commercial vehicle OEM, illustrating how its software can be embedded into customer programs.
The company also reports that it maintains a pipeline of opportunities with OEMs and Tier 1 and Tier 2 automotive suppliers that are seeking to address consumer demand for enhanced safety features and to meet regulatory requirements related to vehicle safety and driver assistance systems.
Intellectual property and remote-sensing innovations
Across multiple news releases, LeddarTech emphasizes its role in remote-sensing innovation. The company states that it has filed over 190 patent applications, with 112 granted, covering technologies that contribute to ADAS, AD and parking capabilities. Earlier disclosures referenced over 170 patent applications and 87 granted patents, indicating that the patent portfolio has expanded over time. These patents are described as enhancing the company’s software-based approach to perception and sensor fusion.
LeddarTech associates its intellectual property with improvements in vehicle awareness of the surrounding environment. The company’s communications suggest that better awareness around the vehicle is viewed as critical to making mobility safer, more efficient, sustainable and affordable, and this perspective is presented as a key motivation behind its development of sensor fusion and perception software.
Corporate status, bankruptcy filing and delisting
In June 2025, LeddarTech announced that it intended to make an assignment into bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada), following a strategic review that did not result in a suitable acquirer, commercial partner or sufficient capital. The company reported that it filed under the Bankruptcy and Insolvency Act on June 18, 2025, and that, as a result of this filing, its board of directors resigned effective as of that date. In its June 16, 2025 press release, LeddarTech stated that it did not expect to resume active operations and cautioned investors that there was significant risk that holders of its securities would receive little to no value under the bankruptcy proceedings.
On June 19, 2025, LeddarTech disclosed that it had received a determination letter from Nasdaq on June 17, 2025, indicating that Nasdaq had determined that the company’s securities would be suspended from trading at the opening of business on June 24, 2025 and delisted from Nasdaq. The company stated that it did not intend to appeal this determination and that it expected its securities to be suspended from trading on June 24, 2025 and delisted after Nasdaq completed the filing of Form 25-NSE with the U.S. Securities and Exchange Commission.
A Form 25-NSE filed by Nasdaq Stock Market LLC on August 22, 2025 identifies LeddarTech Holdings Inc. as the issuer and the Nasdaq Stock Market LLC as the exchange, and serves as a notification of removal from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934 for the company’s common shares and warrants. This filing confirms the delisting of LeddarTech’s securities from Nasdaq.
Historical workforce and financing developments
In May and June 2025, LeddarTech issued several updates regarding its financial position and workforce. In May 2025, the company announced that it had temporarily laid off a large portion of its workforce across all locations and departments as a cash preservation measure while it evaluated alternatives such as restructuring, a sale of the business or assets, strategic investments or insolvency proceedings. In June 2025, LeddarTech reported that it had laid off most of its employees and did not expect to call back previously furloughed employees, and reiterated that it did not expect to resume active operations.
During this period, the company also described amendments to its credit facility with Fédération des caisses Desjardins du Québec and its bridge financing arrangements with certain lenders, including changes to minimum cash covenants, maturity dates and additional bridge-to-equity term loans. LeddarTech indicated that these arrangements were intended to provide time to pursue equity investments or commercial transactions involving its technology, but also cautioned that there was no certainty such alternatives would be successful.
Regulatory and listing communications
Prior to the delisting, LeddarTech disclosed that it had received Nasdaq deficiency notices related to continued listing requirements. In April 2025, the company reported receiving a notice indicating non-compliance with the minimum market value of listed securities requirement and referenced earlier disclosure about non-compliance with the minimum bid price requirement. LeddarTech stated that it intended to monitor its market value and evaluate options to regain compliance, while acknowledging that there was no assurance it would be able to do so.
Use of data and privacy disclosures
In connection with its software development activities, LeddarTech has stated that, in the scope of collaborations, partnerships and projects, it may collect personal information with test vehicles. This information, which can directly or indirectly identify members of the public, may be processed, used, stored and communicated by the company for the purpose of developing and training its software and products. LeddarTech refers readers to its Privacy Policy for further details on these processing activities and related personal information protection rights.
Summary
Historically, LeddarTech Holdings Inc. has presented itself as an AI-powered automotive software company that develops low-level sensor fusion and perception software for ADAS, AD and parking applications, with products such as LeddarVision and LeddarSim, and a substantial portfolio of patent applications and granted patents in remote sensing. In 2025, the company reported severe financial challenges, large-scale workforce reductions, an assignment into bankruptcy under Canadian law and the resignation of its board of directors. A Form 25-NSE filed in August 2025 confirms that LeddarTech’s common shares and warrants were removed from listing on the Nasdaq Stock Market LLC, and the company has cautioned that it does not expect to resume active operations and that holders of its securities face a significant risk of little to no recovery.
Stock Performance
LeddarTech Holdings (LDTC) stock last traded at $0.1525. Over the past 12 months, the stock has lost 84.4%. At a market capitalization of $8.2M, LDTC is classified as a micro-cap stock with approximately 37.6M shares outstanding.
Latest News
LeddarTech Holdings has 10 recent news articles. Of the recent coverage, 1 article coincided with positive price movement and 8 with negative movement. Key topics include earnings. View all LDTC news →
SEC Filings
LeddarTech Holdings has filed 1 recent SEC filing, including 1 Form 25-NSE. The most recent filing was submitted on August 22, 2025. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all LDTC SEC filings →
Financial Highlights
Upcoming Events
Short Interest History
Short interest in LeddarTech Holdings (LDTC) currently stands at 384.5 thousand shares, up 47.4% from the previous reporting period, representing 2.0% of the float. Over the past 12 months, short interest has increased by 92.7%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for LeddarTech Holdings (LDTC) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 41.9% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 1.9 days.