Luminar Technologies, Inc.

Gores Metropoulos, Inc. (Nasdaq: GMHI), a blank-check company sponsored by The Gores Group, completed its business combination with Luminar Technologies, Inc. in December 2020, following a merger announcement on August 24 of that year. The SPAC, which conducted its IPO in 2020, targeted the autonomous vehicles and advanced sensing sector, consistent with Luminar's position as a developer of lidar technology for next-generation vehicle safety and autonomy systems. Upon closing, the combined company began trading on Nasdaq under the ticker LAZR, representing one of the more prominent SPAC exits in automotive technology during that period. Sign up on SpacDesk for full data on this transaction and the broader SPAC market.

SPAC Counterparty (1)