LeddarTech to go public via a merger with Prospector Capital in a $348m deal.

LeddarTech, an electronics company, agreed to go public via a merger with Prospector Capital, a special purpose acquisition company, in a $348m deal. “We are pleased to partner with Prospector to solidify our position as a leading force in the nascent automotive software sector. This collaboration is expected to provide us with the necessary capital and resources to invest in our exceptional team, and take the company to the next level by positioning the company to secure customer wins and drive growth in our business. I am excited that LeddarTech has achieved this important milestone, which we believe will make LeddarTech one of the rare public companies in the pure-play ADAS/AD software space,” Charles Boulanger, LeddarTech CEO.