LeddarTech Secures Loan Amendments, Begins Employee Return

LeddarTech Holdings Inc., a global automotive software company specializing in AI-based sensor fusion for advanced driver-assistance systems, has secured significant financial accommodations to support its operations and strategic initiatives. The company signed an eighteenth amendment to its credit facility with Desjardins and a sixth amendment to its bridge loan arrangement, both extending debt maturities and allowing the postponement of certain interest and fee payments until January 31, 2026. Additionally, FS Investment Management provided a new $2 million bridge-to-equity term loan to facilitate equity investments or commercial transactions. To bolster ongoing commercial activities, LeddarTech has begun recalling some employees who were previously furloughed, with plans to gradually reinstate more, although the timing and extent remain uncertain. Despite these financial maneuvers and workforce adjustments, LeddarTech continues to face cash flow challenges and uncertainty in securing further funding or completing commercial deals. Analysts maintain a cautious view on the stock, highlighting poor financial performance and negative technical indicators despite the company's strategic advances.