LeddarTech to file for bankruptcy in Canada, Nasdaq: LDTC, known for AI software in ADAS & AD, intends on making an assignment.
In Quebec City, Canada, on June 16, 2025, AI-powered software company LeddarTech Holdings Inc. (Nasdaq: LDTC) is planning to declare bankruptcy following a previous announcement on June 11, 2025. LeddarTech is known for its advancements in advanced driver assistance systems (ADAS) and autonomous driving. The company has decided to move towards bankruptcy under the Bankruptcy and Insolvency Act (Canada), a step taken in response to financial challenges.
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