{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-099248","form_type":"8-K","ticker":null,"cik":"0001825473","company_name":"Prospector Capital Corp.","filed_at":"2023-12-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.780586+00:00","generated_at":"2026-06-07T06:28:08.701756+00:00","sec_items":["1.01","1.02","2.01","3.01","3.03","5.01","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LeddarTech completes SPAC merger with Prospector Capital, begins trading as LDTC","bullets":["Business combination closed Dec 21, 2023; LeddarTech shareholders receive ~69.5% of surviving company.","PIPE financing raised ~$44M plus ~$14.6M from SPAC trust, total ~$58.6M gross proceeds.","SPAC redemptions: 855,440 shares redeemed for ~$9.3M at ~$10.91/share.","CEO change: Charles Boulanger retires, Frantz Saintellemy appointed CEO; Derek Aberle becomes Chairman.","LeddarTech common shares and warrants to trade on Nasdaq under tickers LDTC and LDTCW starting Dec 22."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-099248","json":"https://secwatch.observer/filing/0001213900-23-099248.json","markdown":"https://secwatch.observer/filing/0001213900-23-099248.md","text":"https://secwatch.observer/filing/0001213900-23-099248.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825473/000121390023099248/0001213900-23-099248-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825473/000121390023099248/ea190806-8k_prospect.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:28:08.701756+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"258abecded49d5e1b7b6919ce56a9362b5aea9d5","claim":"Prospector Capital Corp. underwent a change of control involving LeddarTech Inc. for $200 million aggregate equity value (closed 2023-12-21).","evidence_excerpt":"s of September 25, 2023 (the “BCA”), with LeddarTech Inc., a corporation existing under the laws of Canada (“LeddarTech”),","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825473/000121390023099248/0001213900-23-099248-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"LeddarTech Inc."},{"label":"Consideration","value":"$200 million aggregate equity value"},{"label":"Closing","value":"2023-12-21"}],"fact_type":"ma_transaction"},{"claim_id":"1037b97e262226b9fca5a90628db01e21e9e4b6f","claim":"Prospector Capital Corp. terminated Administrative Support Agreement with Prospector Sponsor LLC.","evidence_excerpt":"that certain Administrative Support Agreement, dated as of January 7, 2021, between Prospector and Prospector Sponsor LLC","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825473/000121390023099248/0001213900-23-099248-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"Prospector Sponsor LLC"}],"fact_type":"material_agreement"},{"claim_id":"43d044fb00b1e39fcf0cc38872ca72569e396683","claim":"Prospector Capital Corp. amended Warrant Agreement Amendment with Continental Stock Transfer & Trust Company.","evidence_excerpt":"Prospector, the Surviving Company and Continental Stock Transfer & Trust Company (“Continental”) entered into that certain Warrant Assignment, Assumption and Amendment Agreement (the “Warrant Agreement Amendment”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825473/000121390023099248/0001213900-23-099248-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Continental Stock Transfer & Trust Company"}],"fact_type":"material_agreement"},{"claim_id":"65eb188000beaeff19e6c998711e99eb0d563265","claim":"Prospector Capital Corp. terminated Investment Management Trust Agreement with Continental Stock Transfer & Trust Company.","evidence_excerpt":"ompany and Continental Stock Transfer & Trust Company (“Continental”) entered into that certain Warrant Assignment, Assumption","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825473/000121390023099248/0001213900-23-099248-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"Continental Stock Transfer & Trust Company"}],"fact_type":"material_agreement"},{"claim_id":"d8babd2ef6d5879585ac8c6a1e8de6ec3ea67f93","claim":"Prospector Capital Corp. terminated Letter Agreement with Prospector Sponsor LLC and each officer and director of Prospector.","evidence_excerpt":"the Letter Agreement, dated as of January 7, 2021, made in favor of Prospector by each officer and director of Prospector and the Sponsor","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825473/000121390023099248/0001213900-23-099248-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"Prospector Sponsor LLC and each officer and director of Prospector"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}