LeddarTech Holdings Inc., an AI-driven software company, is set to have its securities suspended from trading on Nasdaq on June 24, 2025, due to a bankruptcy filing under Canada’s Bankruptcy and Insolvency Act (BIA) announced on June 18, 2025. The move follows Nasdaq’s concerns over the company’s financial stability, leading to the resignation of its board of directors.
LeddarTech will not appeal Nasdaq’s decision to delist its securities. With over 190 patent applications, the company aimed to innovate in advanced driver assistance systems and autonomous driving technology; however, its financial challenges have prompted significant public interest.
Institutional investors have reacted to the company’s situation, with 5 adding shares of LeddarTech and 12 reducing their positions in the most recent quarter.
