Core Points - LeddarTech Holdings Inc. has received approval to transfer its listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective February 6, 2025 [1][2] - The transfer follows notifications from Nasdaq regarding non-compliance with continued listing requirements, which the company has addressed [2] - The company is optimistic about its growth, highlighted by the selection of its LeddarVision software by a leading commercial vehicle OEM for their ADAS program for 2028 model year vehicles [3] Company Overview - LeddarTech, founded in 2007 and headquartered in Quebec City, specializes in AI-based low-level sensor fusion and perception software for ADAS, autonomous driving, and parking applications [4] - The company holds over 170 patent applications, with 87 granted, focusing on enhancing ADAS and autonomous driving capabilities [5] - LeddarTech aims to become the most widely adopted sensor fusion and perception software solution, contributing to safer and more efficient global mobility [5]
LeddarTech Announces Listing Transfer to the Nasdaq Capital Market; Comments on Recent Positive Business Developments