SCHEDULE 13G/A: FIL Limited and Affiliates Disclose 6.8% Stake in LeddarTech Holdings Inc.

FIL Limited, along with its affiliates Pandanus Partners, L.P. and Pandanus Associates, Inc., has disclosed a beneficial ownership of 6.8% in LeddarTech Holdings Inc.'s common stock as of March 31, 2025.

Summary

• FIL Limited, a Bermuda-based entity, along with Delaware-based Pandanus Partners, L.P. and Pandanus Associates, Inc., collectively reported beneficial ownership of 2,611,870.90 shares of LeddarTech Holdings Inc. common stock.
• This aggregate ownership represents 6.8% of the total outstanding common stock of LeddarTech Holdings Inc.
• FIL Limited holds sole voting and sole dispositive power over all 2,611,870.90 shares.
• Pandanus Partners, L.P. and Pandanus Associates, Inc. each hold sole dispositive power over the same 2,611,870.90 shares, but no sole or shared voting power.
• Fidelity True North Fund is specifically identified as having the right to receive dividends or proceeds from these 2,611,870.90 shares, representing 6.8% of the total outstanding common stock.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating a change from a previous filing.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without positive or negative implications for the company's operational or financial performance.

Future Outlook

This document is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's future performance.

Industry Context

This filing indicates a significant passive investment by a major financial institution (FIL Limited, associated with Fidelity) in LeddarTech Holdings Inc., a company likely involved in technology given its name. Such disclosures are standard for institutional investors crossing the 5% ownership threshold and do not inherently reflect broader industry trends beyond the specific investment decision.

Related Party Transactions

• Pandanus Partners, L.P. and Pandanus Associates, Inc. are owned by trusts for the benefit of members of the Johnson family, including FIL Limited's Chairman, Abigail P. Johnson. This establishes a related party relationship between the reporting entities.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, potentially signaling confidence from a major investor or indicating a large block of shares that could influence trading dynamics.

Key Dates

Keywords

LeddarTech Holdings Inc., FIL Limited, Pandanus Partners, Pandanus Associates, Fidelity True North Fund, Beneficial Ownership, Common Stock, SEC Filing, Schedule 13G, Investment, Shareholding