LeddarTech announces shareholder meeting date

QUEBEC CITY, LeddarTech Holdings Inc., a prepackaged software services company with a market capitalization of $5.3 billion and an "GREAT" financial health rating according to InvestingPro, has announced its Annual and Special Meeting of Shareholders will be held on March 26, 2025. The notice, filed today with the Securities and Exchange Commission (SEC), specifies the upcoming meeting’s agenda and logistics.

The company, listed under the SEC file number 001-41893, is known for its contributions to the software service industry, classified under the Standard Industrial Classification (SIC) code 7372. The company has demonstrated strong operational performance with an impressive 80% gross profit margin and 58% revenue growth in the last twelve months. As a foreign private issuer, LeddarTech is in compliance with the SEC’s Form 20-F filing requirements.

The meeting’s notice-and-access notification to shareholders (Exhibit 99.1) and the management information circular (Exhibit 99.2) are documents included in this Form 6-K submission. These documents will provide shareholders with relevant information regarding the meeting’s proceedings, including matters for consideration and the process for voting through proxies (Exhibit 99.3).

LeddarTech’s Chief Legal Officer, David Torralbo, signed the report on behalf of the company, thereby fulfilling the requirements of the Securities Exchange Act of 1934. The business address for LeddarTech Holdings Inc. is 4535, Boulevard Wilfrid-Hamel, Suite 240, Quebec City, with a postal code of G1P 2J7, Canada.

This announcement is based on the latest SEC filing by LeddarTech Holdings Inc. and is intended to inform shareholders and the investing public of the upcoming corporate event. For investors seeking deeper insights, InvestingPro offers comprehensive analysis with 15+ additional ProTips and detailed financial metrics in the Pro Research Report. It serves as a formal invitation and notification to all stakeholders of the company, ensuring transparency and compliance with regulatory requirements.

In other recent news, InterDigital (NASDAQ:IDCC), Inc. reported impressive fourth-quarter earnings, significantly exceeding analyst expectations. The company achieved an adjusted earnings per share of $5.15, surpassing the analyst consensus of $0.91 by a substantial margin. Revenue for the quarter reached $252.8 million, well above the expected $244.24 million, marking a 140% increase compared to the same period last year. InterDigital also provided an optimistic full-year 2025 outlook, projecting revenue between $660 million and $760 million, which is significantly higher than the consensus estimate of $533 million.

Additionally, the company announced an increase in its quarterly cash dividend from $0.45 to $0.60 per share, starting in the second quarter of 2025. Jefferies analysts responded to these developments by raising their price target for InterDigital to $210 from $195 while maintaining a Hold rating. They noted the company’s steady stream of catch-up payments and potential future agreements as factors supporting this valuation. InterDigital’s CEO, Liren Chen, attributed the strong performance to increased momentum in licensing programs and new agreements with major device makers. The company’s recent enforcement actions against The Walt Disney Company (NYSE:DIS) were also highlighted, emphasizing the importance of InterDigital’s technology.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.