- Automotive technology company Luminar Technologies ( NASDAQ: LAZR ) has filed for an offering of 2,030,374 shares of its Class A common stock, par value $0.0001 per share, by selling stockholder.
- The shares were acquired in a private transaction pursuant to an investment agreement, dated as of May 26, 2022, by and between ECARX Holdings and Luminar ( LAZR ).
- The company will not receive any of the proceeds from the sale.
- Shares of Luminar ( LAZR ) were down 1.23% premarket
For further details see:
Luminar files for offering of 2.03M shares by selling stockholder