Their stock opened with $30.00 in its Dec 3, 2020 IPO. The remaining $170 million will come from investors, including Thiel. Luminar is going public sooner than expected. Company profile page for Luminar Technologies Inc including stock price, company news, press releases, executives, board members, and contact information We’ve seen the future of transportation. The acquisition turned Luminar into a public company, with the combined entity retaining the Luminar Technologies name. Russell received a $100,000 fellowship from Thiel’s foundation in 2013 to build up the company. Legal Name Luminar Technologies, Inc. Stock Symbol NASDAQ:LAZR ; Company Type For Profit; Contact Email hello@luminartech.com; Founded in 2012 by CEO Austin Russell, Luminar is the leading autonomous vehicle and lidar technology company for consumer cars and trucking. Source. Luminar is the latest transportation company to go public via a "reverse merger" with a so-called "blank check" special acquisition company, or SPAC. Their stock opened with $30.00 in its Dec 3, 2020 IPO. Buy or sell Luminar stock pre IPO via an EquityZen fund. iRhythm Technologies price target raised to $265 from $240 at Truist Securities, stock rated buy Wed, 6 Jan 2021 09:55:23 UTC via MarketWatch; Shoals Technologies Group Begins IPO Plan Tue, 5 Jan 2021 17:13:49 UTC via Seeking Alpha; Uber Technologies price target raised to $80 from $54 at Deutsche Bank Mon, 4 Jan 2021 07:55:53 UTC via MarketWatch 12/08: LUMINAR TECHNOLOGIES, INC./DE: Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Unregistered Sale of Equity Securities, Material Modification to Rights of Security Holders, Changes in Registrant's Certifying … Luminar Technologies is a driverless car startup company that was founded by CEO Austin Russell in 2012. pic.twitter.com/gEyJD7NFX0, According to Forbes, Russell said, “This milestone is pivotal not just for us, but also for the larger automotive industry. Innoviz Technologies Ltd., an Israeli lidar startup backed by two of the world’s largest automotive suppliers, is going public in a $1.4 billion reverse merger with Collective Growth Corp. According to the U.S. Securities and Exchange Commission (SEC) filings, Russell will own about a … Get today's Luminar Technologies stock price and latest LAZR news as well as Luminar Tech real-time stock quotes, technical analysis, full financials and more. Hyped up stocks without revenue are target for hedge funds. Find the latest Earnings Report Date for Luminar Technologies, Inc. Class A Common Stock (LAZR) at Nasdaq.com. AmerisourceBergen and Walgreens Sign 'Deal of a Lifetime'. Under Russell’s leadership, Luminar has inked a deal to supply lidar units for Volvo vehicles and secured partnerships with Daimler Truck and Mobileye, Intel’s autonomous vehicle unit. Luminar is the latest buzzy company to go public by merging with a special purpose acquisition company, or SPAC, a publicly traded firm that’s set up solely to combine with another firm that takes over its stock listing. Thanks for contacting us. Luminar Technologies CEO Austin Russell, 25, secured a hefty fortune after his company's stock market debut on Thursday. 2,387, This story has been shared 1,771 times. Following the IPO, Gores will change its name to Luminar Technologies … Contributor. Because we built it. “Now it’s all about scale, execution and seeing it though,” Russell told Reuters. Latest News . What we know about the Luminar Technologies IPO. Careers. Luminar Technologies, Inc. (LAZR) latest earnings report: revenue, EPS, surprise, history, news and analysis. Boards. Gores Metropoulos is a special purpose acquisition company (SPAC) affiliated with the Gores Group investment firm. 4,131, This story has been shared 2,387 times. 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