RestructuringApr 7, 2026, 06:06 AM
Luminar Technologies Delisting from Nasdaq and Cessation of Business Operations
AI Summary
Luminar Technologies' Class A Common Stock is being delisted from Nasdaq following the company's bankruptcy filing. The company has also ceased business operations after selling its subsidiary, Luminar Semiconductor, Inc., and its LiDAR business, and is now winding down remaining operations.
Key Highlights
- Nasdaq filed Form 25 to delist Luminar Technologies' Class A Common Stock.
- Common Stock began trading on the OTC Pink Limited Market under the symbol "LAZRQ" on December 24, 2025.
- Luminar Technologies filed for Chapter 11 bankruptcy in December 2025.
- The company sold Luminar Semiconductor, Inc. to Quantum Computing Inc. and its LiDAR business to MicroVision in early February 2026.
- Luminar Technologies has ceased business operations and is winding down remaining operations.