Thursday, December 21, 2023
Equity Corporate Actions Alert #2023 - 755
Information Regarding the Business Combination of Prospector Capital Corp. (PRSR/W/U) and LeddarTech Holdings Inc.
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The business combination of Prospector Capital Corp. (PRSR/W/U) and LeddarTech Holdings Inc. closed today, Thursday, December 21, 2023. Following the completion of the business combination, the company's Class A Ordinary Shares (PRSR) and Warrants (PRSRW) will undergo a name, symbol, and CUSIP number change along with a re-domicile from Cayman Islands to Canada. The company's Units (PRSRU) will be suspended from trading. The combined company's Common Shares and Warrant will list on the Nasdaq Global Market. These actions will become effective on Friday, December 22, 2023.
The details of the name, symbol, & CUSIP changes are follows:
Additionally, immediately prior to the closing of the business combination non-redeeming shareholders of Prospector Capital Corp. Class A Ordinary Shares and Prospector Capital Corp. Units (consisting of one (1) Class A Ordinary Share and one-third (1/3) Redeemable Warrant) will receive a bonus share distribution. The details are as follows:
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