Market Movers (8-K)
See all →Luminar Technologies, Inc. has filed its Third Amended Chapter 11 Plan of Liquidation, outlining the sale of remaining assets and distributions to stakeholders, with equity holders expected to face a complete loss.
Worse than expected
Delay expected
Luminar Technologies, Inc. finalized the sale of its LSI and LiDAR assets for a total of $143 million as it navigates Chapter 11 bankruptcy proceedings.
Worse than expected
Luminar Technologies, Inc. has filed an Amended Chapter 11 Plan of Liquidation, detailing the sale of its LSICo and LiDARCo assets and outlining distributions to creditors.
Worse than expected
Delay expected
Luminar Technologies, Inc. has agreed to sell its core LiDAR business to Quantum Computing Inc. for $22 million in cash, a move coming after its Chapter 11 bankruptcy filing and Nasdaq delisting.
Worse than expected
Luminar Technologies, Inc. and its affiliates have filed for Chapter 11 bankruptcy, initiating a liquidation plan and asset sale process while delisting from Nasdaq to trade on the OTC Pink Limited Market.
Worse than expected
Luminar Technologies, Inc. will reduce its workforce by approximately 30% to cut operating costs, incurring an estimated $2.5M-$3.0M in severance charges, following its Nasdaq delisting and Chapter 11 filing.
Worse than expected
Quarterly Earnings (10-Q)
See all →Luminar Technologies reports substantial doubt about its ability to continue as a going concern, driven by missed debt payments, a major customer dispute with Volvo, and ongoing operational restructuring.
Worse than expected
Capital raise
Delay expected
Luminar Technologies, Inc. reported a significant reduction in operating and net losses for the first half of 2025, driven by aggressive cost-cutting and restructuring efforts, despite a slight dip in overall revenue.
Capital raise
Luminar Technologies reports a net loss for Q1 2025, initiates a restructuring plan, and plans a Series A Preferred Stock financing.
Worse than expected
Capital raise
Luminar Technologies reported a net income of $27.4 million for Q3 2024, a significant turnaround from a net loss in the same period last year, while also undergoing a major restructuring and debt refinancing.
Better than expected
Capital raise
Luminar Technologies' Q2 2024 results show a net loss of $130.6 million, alongside a restructuring plan aimed at reducing operating costs.
Worse than expected
Delay expected
Capital raise
Luminar Technologies saw a 45% increase in revenue year-over-year in Q1 2024, while also announcing a restructuring plan to reduce costs and improve efficiency.
Worse than expected
Capital raise
Annual Reports (10-K)
Luminar Technologies, a LiDAR technology company, has filed for Chapter 11 bankruptcy, sold substantially all of its assets, and is proceeding with a plan of liquidation.
Delay expected
Worse than expected
Capital raise
Luminar Technologies files an amendment to its 2024 Annual Report on Form 10-K to include previously omitted information regarding directors, executive compensation, security ownership, related transactions, accounting fees, and executive certifications.
Luminar Technologies' FY24 results reflect a year of strategic shifts, including restructuring efforts and a focus on industrialization, amidst ongoing losses and evolving market dynamics.
Worse than expected
Capital raise
Luminar Technologies' 10-K filing provides a detailed overview of its share structure, voting rights, and corporate governance policies.
Insider Trading (Form 4)
See all →Luminar Technologies Director Dominick Schiano sold 266 shares of Class A Common Stock in a pre-planned transaction.
Luminar Technologies CEO Paul Ricci disposed of 69,431 Class A Common Stock shares to cover tax obligations related to restricted stock unit vesting.
Luminar Technologies CEO and Director Paul Ricci reported the acquisition of over 2.1 million Class A common shares through restricted stock unit awards, with a portion withheld for tax obligations.
Form 4: Luminar Technologies Director and 10% Owner Austin Russell Granted 61,576 Restricted Stock Units
Luminar Technologies, Inc. Director and 10% owner Austin Russell was granted 61,576 shares of Class A common stock in the form of a restricted stock unit award, vesting on July 3, 2026, or the next annual meeting.
Luminar Technologies, Inc. Director Alec Gores, through AEG Holdings, LLC, reported the acquisition of 61,576 Class A common stock shares via a restricted stock unit award and updated beneficial ownership reflecting a recent 1-for-15 reverse stock split.
Luminar Technologies Director Shaun Maguire reported the acquisition of 61,576 Class A common stock shares via a restricted stock unit grant, bringing his total beneficial ownership to 75,789 shares after a 1-for-15 reverse stock split.
Proxy Statements (Def-14A)
See all →Luminar Technologies, Inc. announced its 2025 Annual Meeting of Stockholders to be held virtually on July 3, 2025, seeking approval for director elections, auditor ratification, executive compensation, a significant convertible preferred stock financing, and an increase in its equity incentive plan share reserve.
Capital raise
Luminar Technologies received a notice from Nasdaq for failing to meet the minimum bid price requirement and is considering a reverse stock split to regain compliance.
Worse than expected
Luminar Technologies has filed definitive additional materials related to its proxy statement with the SEC.
Luminar Technologies is asking stockholders to approve a reverse stock split, ranging from 1-for-5 to 1-for-20, to increase its stock price, improve liquidity, and maintain Nasdaq compliance.
Luminar Technologies has filed definitive additional proxy materials with the SEC.
DEF 14A: Luminar Technologies Sets Date for 2024 Annual Stockholders Meeting, Outlines Key Proposals
Luminar Technologies has scheduled its 2024 Annual Meeting of Stockholders for June 5, 2024, to be held virtually, with proposals including director elections, ratification of auditor appointment, executive compensation approval, and an increase in the equity incentive plan's share reserve.
Schedule 13D - Activist Investments
Austin Russell, Luminar's founder, has proposed a non-binding offer through Russell AI Labs to acquire all outstanding Class A Common Stock of Luminar Technologies, Inc.
Capital raise
Schedule 13G - Passive Investments
See all →SCHEDULE: Luminar Technologies Equity Cancelled
Luminar Technologies confirms cancellation of all prior equity interests without consideration, resulting in zero value for previous shareholders.
Worse than expected
The Vanguard Group has filed an amended Schedule 13G, reporting its beneficial ownership in Luminar Technologies Inc. has fallen to 0% of the class, holding 412,048 shares with shared voting and dispositive power.
A group of Susquehanna-affiliated entities has disclosed a collective beneficial ownership of 7.8% in Luminar Technologies, Inc. Class A Common Stock.
A group of Susquehanna-affiliated entities has disclosed a collective beneficial ownership of 7.8% in Luminar Technologies, Inc. Class A Common Stock.
The Vanguard Group has reported a 6.62% beneficial ownership stake in Luminar Technologies Inc., holding over 4.2 million shares.
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 4.4% beneficial ownership stake in Luminar Technologies, Inc. common stock.