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Luminar Technologies | 8-K: Luminar Technologies Announces it has Received Initial Binding Purchase Orders for the First Global Production Vehicle Launch

SEC announcement · Mar 26 14:55

LAZR +2.43%

Summary by Moomoo AI

Luminar Technologies, Inc., a company incorporated in Delaware and listed on the Nasdaq Stock Market under the trading symbol LAZR, has reported a significant milestone in a Current Report on Form 8-K filed with the United States Securities and Exchange Commission. The report, dated March 25, 2024, announces that Luminar Technologies has received initial binding purchase orders for its Luminar LiDAR technology, which will be used in the first global production vehicle launch. This development marks the first time Luminar's forward-looking order book will start converting to revenue. The report was signed by Chief Financial Officer Thomas J. Fennimore and does not constitute a filing under Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference in any filing under the Securities Act of 1933.

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