Prospector Capital Corp.
PRSR
NASDAQ Capital Market4.74
USD
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Prospector Capital Corp.
PRSR
(NASDAQ Capital Market)
Recent
price
4.74
P/E
ratio
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div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Prospector Capital Corp. (NASDAQ: PRSR) is a blank check company, or special purpose acquisition company (SPAC), whose principal business activity is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with a focus on high-growth companies offering advanced and highly differentiated solutions in the technology sector, including advanced communications, cloud and edge computing, artificial intelligence, machine learning, augmented and virtual reality, disruptive transport technologies, and computer vision; the company has no significant current operations or revenues. Prospector Capital Corp. was incorporated in 2020 and is headquartered in La Jolla, California; it operates as a subsidiary of Prospector Sponsor LLC and is led by a team of experienced investors and executives, including former Qualcomm President Derek Aberle as CEO and former Qualcomm Vice Chairman Steve Altman as chairman. In December 2023, Prospector Capital Corp. completed a business combination with LeddarTech Holdings Inc., an ADAS and autonomous driving software provider, pursuant to which the combined entity began trading under the ticker LDTC; following the merger's closing on December 21, 2023, Prospector Capital Corp. was delisted from Nasdaq and redeemed nearly all of its trust proceeds, leaving approximately $14.6 million in cash, while LeddarTech raised additional gross capital of $58.6 million including a PIPE financing. As of late 2025, PRSR shares continue to trade over-the-counter with a market capitalization of around $49 million, low cash balances, negative profitability metrics including a trailing P/E ratio of -39.70x, and minimal assets amid LeddarTech's subsequent operational challenges, including a June 2025 Nasdaq delisting notice, 95% staff cuts, credit facility default, and intent to file for bankruptcy protection under Canada's Bankruptcy and Insolvency Act without resuming active operations.