Velodyne Lidar, Inc.

Velodyne Lidar, Inc. reached the public markets through a merger with Graf Industrial Corp., a blank-check company that completed its initial public offering in 2018 on the Nasdaq Capital Market under the ticker GRAF and was sponsored by Graf Industrial Management LLC. The de-SPAC combination targeted Velodyne's lidar sensor technology business, which serves autonomous vehicle, robotics, and industrial automation markets. At the time of this August 2020 10-Q filing, the transaction was pending shareholder approval; it subsequently closed in September 2020, with the merged company trading under the ticker VLDR. The deal was among the early high-profile SPAC transactions in the advanced sensing and autonomous mobility sector. Sign up on SpacDesk for full sponsor profiles, filing histories, and deal analytics.