GMHI News and Press, Luminar Technologies Inc Com Cl A From 10/08/20

Velodyne and Luminar are currently (still) the market leaders in automotive LiDAR. Since 2016, Velodyne LiDAR has been valued at at least $1.8 billion in several financing rounds by Ford, Hyundai and Baidu, and also in July 2020 for the upcoming IPO. Luminar LiDAR has been just va...

Gores Metropoulos, Inc. (the “ Company ”), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Dean Metropoulos of Metropoulos & Co., filed a registration stat...

Luminar  inks agreement  to merge with Gores Metropoulos (NASDAQ: GMHI ) a SPAC sponsored by an affiliate of The Gores Group. More news on: Gores Metropoulos, Inc. Warrants, Gores Metropoulos, Inc., Gores Metropoulos, Inc. Units, Stocks on the move, Merger & acquisition new...

A special purpose acquisition company (SPAC) is a publicly traded shell company with no business operations, created for the purpose of taking a private company public through an acquisition. SPACs have risen in popularity in 2020 as companies have sought liquidity and investors have been eage...