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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  • Industry Announcement

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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:

Current Company Name & Issue Type: Prospector Capital Corp. Class A Ordinary Shares
New Company Name & Issue Type: LeddarTech Holdings Inc. Common Shares
Current CUSIP: G7273A105
New CUSIP: 52328E105
Current Symbol: PRSR
New Symbol: LDTC
Marketplace Effective Date: Friday, December 22, 2023

Current Company Name & Issue Type: Prospector Capital Corp. Warrants
New Company Name & Issue Type: LeddarTech Holdings Inc. Warrants expiring 12/21/2028
Current CUSIP: G7273A113
New CUSIP: 52328E113
Current Symbol: PRSRW
New Symbol: LDTCW
Marketplace Effective Date: Friday, December 22, 2023

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:

Company Name & Issue Type: Prospector Capital Corp. Class A Ordinary Shares
CUSIP: G7273A105
Symbol: PRSR
Record Date: December 21, 2023
Distribution Date: December 27, 2023
EX Date: December 22, 2023
Details of Bonus Share Distribution:
One (1) bonus share of Prospector Capital Corp. Class A Ordinary Share (PRSR) for each share held as of immediately prior to the closing of the merger with LeddarTech Holdings Inc.

Company Name & Issue Type: Prospector Capital Corp. Unit
CUSIP: G7273A121
Symbol: PRSRU
Record Date: December 21, 2023
Distribution Date: December 27, 2023
EX Date: December 22, 2023
Details of Bonus Share Distribution:
One (1) bonus share of Prospector Capital Corp. Class A Ordinary Share (PRSR) for each unit held as of immediately prior to the closing of the merger with LeddarTech Holdings Inc.

If you would like to register as a market maker in LDTC or LDTCW, contact Nasdaq Trading Services at +1 212 231 5100.



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