Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Luminar Merges with Gores Metropoulos

Facebook Twitter LinkedIn Email
PALO ALTO, Calif., Aug. 28, 2020 — Luminar, an automotive lidar company, has entered into a definitive agreement to merge with Gores Metropoulos Inc. Upon completion of the transaction, the combined company will retain the Luminar Technologies Inc. name and will be listed on the Nasdaq composite under the new ticker symbol “LAZR.” The combined company will have an implied pro forma enterprise value of approximately $2.9 billion and an equity value of approximately $3.4 billion at closing. After giving effect to any redemptions by the public stockholders of Gores Metropoulos, the balance of approximately $400...Read full article

Related content from Photonics Media



    ARTICLES


    PRODUCTS


    WHITEPAPERS


    WEBINARS


    COMPANIES

    news
    Submit a Feature Article Submit a Press Release
    Terms & Conditions Privacy Policy About Us Contact Us
    Facebook Twitter Instagram LinkedIn YouTube RSS
    ©2022 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

    Photonics Media, Laurin Publishing
    x We deliver – right to your inbox. Subscribe FREE to our newsletters.
    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.