LeddarTech And Prospector Capital Report Effectiveness Of Registration Statement And December 13, 2023 Extraordinary General Meeting To Approve Business Combination
Portfolio Pulse from Benzinga Newsdesk
LeddarTech and Prospector Capital announced the effectiveness of their registration statement and scheduled an Extraordinary General Meeting for December 13, 2023, to approve their business combination. This step is crucial for the merger process, which will result in LeddarTech becoming a publicly traded company through Prospector Capital's SPAC structure.
December 04, 2023 | 10:32 pm
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Prospector Capital Corp. (PRSR) is set to merge with LeddarTech, with a key meeting scheduled for December 13, 2023, to approve the business combination. This news indicates progress in the merger process and could positively influence investor sentiment.
The announcement of the effectiveness of the registration statement and the scheduling of the Extraordinary General Meeting are significant steps towards finalizing the merger between Prospector Capital and LeddarTech. This news is likely to be viewed positively by investors as it shows progress in the merger process. As a result, there could be an uptick in investor interest and a potential short-term increase in PRSR's stock price as the market reacts to the news.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100