As previously announced, Luminar has engaged Weil, Gotshal & Manges LLP, as legal advisor, Jefferies LLC, as investment banking advisor, and Portage Point Partners, LLC, as restructuring advisor, to assist Luminar in analyzing and evaluating potential strategic alternatives and initiatives to improve liquidity. To facilitate these transactions, fund the chapter 11 cases and support operations throughout the marketing and sale process, the Ad Hoc Group has consented to Luminar's use of approximately $25 mill ...

Luminar Technologies Inc. (NASDAQ:LAZR) shares are trending on Friday.Check out the current price of LAZR stock here.Shares of the automotive technology company, which specializes in advanced LiDAR hardware and software, fell 1.57% in after-hours trading on Thursday, declining to $0.95. According to Benzinga Pro data, the stock gained 10.61% during regular hours to close at $0.97.SEC Filing TransactionCEO Paul Ricci had 69,431 Class A common shares withheld by Luminar Technologies on Dec. 5, according to a ...