Luminar to Provide Q3’24 Business Update November 11th; Reminder for Stockholders Meeting October 30th
Luminar (Nasdaq: LAZR), a leading global automotive technology company, has announced its upcoming quarterly business update for Q3 2024. The update will be released on November 11th, 2024, after market close. A webcast featuring financials, business updates, and a live Q&A session is scheduled for 5:00 p.m. EDT on the same day.
Additionally, Luminar reminds investors of a virtual Special Meeting of Stockholders on October 30th, 2024 at 11:00 a.m. EDT. Shareholders will vote on a proposal for a reverse stock split. The company aims to comply with NASDAQ's trading requirements, improve liquidity, and attract institutional investors through this action. Luminar expects the reverse split to address the stock's current trading below $1 and enhance its ability to execute business plans.
Luminar (Nasdaq: LAZR), una delle principali aziende globali nel settore della tecnologia automobilistica, ha annunciato il suo prossimo aggiornamento trimestrale per Q3 2024. L'aggiornamento sarà rilasciato il 11 novembre 2024, dopo la chiusura del mercato. È previsto un webcast con informazioni finanziarie, aggiornamenti aziendali e una sessione di domande e risposte in diretta alle 17:00 EDT dello stesso giorno.
Inoltre, Luminar ricorda agli investitori di una Riunione Speciale Virtuale degli Azionisti il 30 ottobre 2024 alle 11:00 EDT. Gli azionisti voteranno su una proposta per un frazionamento inverso delle azioni. L'azienda mira a soddisfare i requisiti di trading di NASDAQ, migliorare la liquidità e attrarre investitori istituzionali attraverso questa azione. Luminar prevede che il frazionamento inverso affronti l'attuale trading delle azioni sotto i $1 e migliori la capacità di attuare i piani aziendali.
Luminar (Nasdaq: LAZR), una empresa líder en tecnología automotriz a nivel global, ha anunciado su próxima actualización trimestral de negocios para Q3 2024. La actualización se publicará el 11 de noviembre de 2024, después del cierre del mercado. Se programó una transmisión en vivo que incluirá finanzas, actualizaciones comerciales y una sesión de preguntas y respuestas en vivo a las 5:00 p.m. EDT el mismo día.
Además, Luminar recuerda a los inversionistas sobre una Reunión Especial Virtual de Accionistas el 30 de octubre de 2024 a las 11:00 a.m. EDT. Los accionistas votarán sobre una propuesta para un desdoblamiento inverso de acciones. La empresa tiene como objetivo cumplir con los requisitos comerciales de NASDAQ, mejorar la liquidez y atraer a inversores institucionales a través de esta acción. Luminar espera que el desdoblamiento inverso aborde el actual comercio de la acción por debajo de $1 y mejore su capacidad para ejecutar planes comerciales.
루미나르(Luminar)(Nasdaq: LAZR)는 세계적인 자동차 기술 선도 기업으로서 2024년 3분기 분기 사업 업데이트를 발표하였습니다. 업데이트는 2024년 11월 11일 시장 마감 후에 공개됩니다. 동일한 날 EDT 오후 5시에 재무 정보, 사업 업데이트 및 실시간 Q&A 세션이 포함된 웹캐스트가 예정되어 있습니다.
추가로, 루미나르는 투자자에게 주주 특별 온라인 회의가 2024년 10월 30일 오전 11시에 개최됨을 상기시킵니다. 주주들은 주식 분할 반대안에 대한 제안에 대해 투표할 것입니다. 이 조치를 통해 NASDAQ의 거래 요건을 준수하고 유동성을 개선하며 기관 투자자를 유치하려는 것이 회사의 목표입니다. 루미나르는 주식이 현재 $1 이하로 거래되고 있는 상황을 해결하고 사업 계획을 실행할 수 있는 능력을 향상시킬 것으로 기대하고 있습니다.
Luminar (Nasdaq: LAZR), une entreprise technologique automobile de premier plan à l'échelle mondiale, a annoncé sa prochaine mise à jour trimestrielle des activités pour Q3 2024. La mise à jour sera publiée le 11 novembre 2024, après la fermeture du marché. Un webinaire avec des informations financières, des mises à jour commerciales et une session de questions-réponses en direct est prévu pour 17h00 EDT le même jour.
De plus, Luminar rappelle aux investisseurs qu'une Réunion Spéciale Virtuelle des Actionnaires aura lieu le 30 octobre 2024 à 11h00 EDT. Les actionnaires voteront sur une proposition de fractionnement inversé des actions. L'entreprise vise à se conformer aux exigences de négociation de NASDAQ, à améliorer la liquidité et à attirer des investisseurs institutionnels grâce à cette action. Luminar s'attend à ce que le fractionnement inversé traite la situation actuelle où l'action se négocie en dessous de 1 $ et améliore sa capacité à exécuter ses plans d'affaires.
Luminar (Nasdaq: LAZR), ein führendes globales Unternehmen im Bereich der Automobiltechnologie, hat sein bevorstehendes vierteljährliches Geschäftsupdate für Q3 2024 angekündigt. Dieses Update wird am 11. November 2024 nach Börsenschluss veröffentlicht. Eine Webcast-Veranstaltung mit Finanzdaten, Geschäftsnachrichten und einer Live-Fragestunde ist für 17:00 Uhr EDT am selben Tag geplant.
Zusätzlich erinnert Luminar die Investoren an eine virtuelle Sonderversammlung der Aktionäre am 30. Oktober 2024 um 11:00 Uhr EDT. Die Aktionäre werden über einen Vorschlag für einen Rückwärtssplit abstimmen. Das Unternehmen hat sich zum Ziel gesetzt, die Handelsanforderungen von NASDAQ zu erfüllen, die Liquidität zu verbessern und institutionelle Investoren durch diese Maßnahme anzuziehen. Luminar erwartet, dass der Rückwärtssplit das derzeitige Handeln der Aktie unter $1 angeht und die Fähigkeit zur Umsetzung von Geschäftsplänen verbessert.
- Proactive approach to address NASDAQ listing compliance issues
- Potential for improved liquidity and increased institutional investor participation
- Timely communication of financial results and business updates to shareholders
- Stock trading below $1, risking NASDAQ delisting
- Need for reverse stock split indicates potential financial challenges
Separately, the company would like to remind investors that Luminar will be holding a virtual Special Meeting of Stockholders on October 30th, 2024 at 11:00 a.m. EDT (8:00 a.m. PDT) to vote on our proposal to carry out a reverse stock split. While NASDAQ listing requirements allow for a 6-month period for the stock to return to above
On November 11th, 2024 at 4:00 p.m. EDT (1:00 p.m. PDT) the company will publish materials detailing its quarterly business update and financials, as well as other relevant commentary. At 5:00 p.m. EDT (2:00 p.m. PDT) the company will host a webcast consisting of a live Q&A session. Shareholders are welcome to submit questions by emailing investors@luminartech.com.
- What: Webcast featuring third quarter 2024 financials, business update and live Q&A
- Date: Monday, November 11, 2024
- Time: 5:00 p.m. EDT (2:00 p.m. PDT)
- Location: The webcast will be available live on Luminar’s Investor site at https://www.luminartech.com/quarterlyreview. A recording will be available following the conclusion of the webcast.
For additional information or to be added to our investor distribution list, please visit us at https://investors.luminartech.com/ir-resources/email-alerts.
About Luminar:
Luminar is a global automotive technology company ushering in a new era of vehicle safety and autonomy. For the past decade, Luminar has built an advanced hardware and software/AI platform to enable its various partners, ranging from Volvo Cars and Mercedes-Benz to NVIDIA and Mobileye, to develop and deploy the world's most advanced passenger vehicles. Following the launch of the Volvo EX90 as the first global production vehicle to standardize its technology, Luminar is poised to lead the industry in enabling next-generation safety and autonomous capabilities for global production vehicles. For more information please visit www.luminartech.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241021187300/en/
Investor Relations:
Aileen Smith
Investors@luminartech.com
Media Relations:
Milin Mehta
Press@luminartech.com
Source: Luminar
FAQ
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