Halper Sadeh LLC Encourages Luminar Technologies, Inc. Shareholders to Contact the Firm to Discuss Their Rights Share Shareholders should contact the firm immediately as there may be limited time to enforce your rights. NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Luminar Technologies, Inc. (NASDAQ: LAZR) breached their fiduciary duties to shareholders. If you currently own Luminar stock and are a long-term shareholder, ...

In the latest trading session, Luminar Technologies, Inc. (LAZR) closed at $1.69, marking a -1.74% move from the previous day. This change lagged the S&P 500's 0.58% gain on the day. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.89%. Prior to today's trading, shares of the company had lost 22.52% lagged the Auto-Tires-Trucks sector's gain of 1.15% and the S&P 500's gain of 0.16%.Analysts and investors alike will be keeping a close eye on the perform ...

Luminar has been volatile over the past year. Back in November 2024, LAZR stock hit a 52-week high of $18.60. Fast forward to today, though, and it’s trading at $1.94 per share – an 89% drop from its high. The decline has been steep, with shares down 64% year-to-date (YTD) and 40% over the past three months, even touching a low of $1.58 on Sept. 2.Backed by other partnerships with Nissan and Mercedes-Benz, Luminar is expanding its reach beyond passenger vehicles into commercial, defense, and drone markets. ...

Core Viewpoint - Luminar Technologies is exploring a potential acquisition by Russell AI Labs, which aims to integrate a larger global automotive technology company into Luminar, creating a unified electric vehicle technology platform referred to as "Luminar 2.0" [1][3]. Group 1: Acquisition Proposal - Austin Russell, the founder of Luminar, holds an 8.4% stake and has proposed a non-binding offer to acquire all outstanding Class A common shares of Luminar [1][2]. - The proposed transaction may involve cash and/or tradable securities of the merged entity, with potential additional capital injections from entities associated with Russell [1][2]. Group 2: Company Performance and Challenges - Luminar Technologies has faced significant challenges, including a sharp decline in revenue, with Q2 FY2025 revenue reported at $15.6 million, a substantial decrease both quarter-over-quarter and year-over-year [4]. - The company's annual revenue guidance has been revised down from $82 million–$90 million to $67 million–$74 million, indicating slow commercialization of its LiDAR technology and a shift in focus towards commercial and defense sectors [4]. Group 3: Market Reaction and Stock Performance - Following the news of the acquisition proposal, Luminar's stock price surged over 15% in pre-market trading and maintained a rise of over 10% after the market opened [2]. - The stock has experienced a dramatic decline from its historical high of $717 in December 2020, currently trading around $1.89, reflecting a market capitalization of only $130 million [5].

Corporate Governance - Austin Russell was replaced in May following an ethics inquiry [1] - Austin Russell wants to use his new AI lab to buy Luminar [1]

Core Insights - Austin Russell, the billionaire founder of Luminar, is attempting to acquire the lidar manufacturer five months after his removal as CEO due to an ethics inquiry [1][4] - The acquisition plan involves Russell's new company, Russell AI Labs, purchasing 100% of Luminar's Class A Common Stock, with intentions to potentially merge Luminar with a larger automotive technology company to form a unified platform [2][3] Group 1: Acquisition Details - The acquisition proposal was made on October 14, following suggestions from certain Luminar shareholders and board members, though specific names were not disclosed [3] - If the acquisition proceeds, Luminar would remain publicly traded, and Russell may invest in the newly combined entity [2] Group 2: Background Context - Russell's removal as CEO was announced on May 19, coinciding with Luminar's first-quarter earnings report, and was attributed to a "code of business conduct and ethics inquiry" conducted by the board's audit committee [4][5] - Russell has a history of takeover attempts, including a failed bid for Forbes in 2023, which faced complications due to investor follow-through issues and alleged connections to a Russian oligarch [6] Group 3: Current Company Structure - Despite his removal, Russell remains on Luminar's board and was expected to assist the new CEO with transition and technology matters, although he has not signed any SEC filings since his departure [8] - Russell co-founded Russell AI Labs in September, which aims to support transformative AI and technology companies, and has already invested $300 million in an AI company called Emergence [9]

Core Points - Luminar, a leading global automotive technology company, will provide its quarterly update for Q3 2025 on November 13, 2025 [1] - The financial materials will be published at 4:00 p.m. EDT and will be accessible on the company's Investor Relations website [1] - A conference call is scheduled for 5:00 p.m. EDT on the same day to discuss the financial results [1]

S-3让公司在需要现金时能更快、更低摩擦地融资，匹配"战略项目/持续运营"的资金需求。有了已生效 的S-3，Luminar可以快速启动二次发行/增发等融资方式，包括(但不限于)underwritten takedown、 ATM(场内按市价持续小额增发)、注册直接发行(registered direct)，以及可转债、优先股、权证、单位等 多品类工具;每次出手只需在S-3规则之下递交相应的补充招股书即可。 聚焦于汽车行业激光雷达(LiDAR)的公司Luminar Technologies(LAZR.US)股价在美东时间周三的盘中交 易时段一度上涨超20%，最终周三收盘收涨7.8%。该股的成交量远高于正常成交水平，且该公司未发布 任何新的SEC文件或任何新的新闻稿来解释这次突然股价拉升，一些股票交易员因此推测该公司股票交 易可能正在发生大规模逼空行情。 一般而言，在空头仓位过于集中的情况下，如果基准股指不断被多头势力推高，那么大量的看空仓位可 能被迫进行所谓的"空头回补"，这也是就是所谓的"逼空"行情——即看多势力以不断拉动上涨力量迫使 空方不得不平仓。 自9月4日公司提交S-3生效通知以来，这只聚焦于激光雷达 ...

Core Insights - Fortun has achieved record-breaking funding volume in Q3 2025, marking the highest quarterly funding in the company's history [1] - The company has experienced six consecutive quarters of growth, indicating strong momentum [1] - September 2025 was noted as the single largest funding month in the company's history, contributing significantly to the quarterly results [1] Financial Performance - The preliminary results for Q3 2025 reflect a surge in year-over-year growth, showcasing the company's expanding financial capabilities [1] - The record-setting September funding volume highlights the company's ability to attract substantial investment [1] Growth Trends - Fortun's consistent growth over six quarters suggests a robust business model and effective operational strategies [1] - The momentum gained in September 2025 is a critical indicator of the company's future performance potential [1]

FORT LAUDERDALE, FL / ACCESS Newswire / October 1, 2025 / Greentree Financial Group, Inc. ("Greentree"), a financial advisory and consulting firm specializing in corporate governance, financial reporting, and public markets compliance, today announced that it has signed Luminar Media Group, Inc. (OTCID:LRGR), collectively known through its subsidiaries as Fortun, as a new client for advisory services. Under the agreement, Greentree will advise Luminar on its planned uplist to a major exchange, either Nasdaq ...