Brief: Luminar Technologies Initiates Voluntary Chapter 11 Proceedings
15/12/2025 16:48
Dec 15 (Reuters) - Luminar Technologies Inc LAZR.O: LUMINAR TECHNOLOGIES, INC. INITIATES VOLUNTARY CHAPTER 11 PROCEEDINGS TO FACILITATE VALUE-MAXIMIZING SALE PROCESS LUMINAR - TO SELL LSI TO QUANTUM COMPUTING FOR $110 MILLION LUMINAR - ENTERS CHAPTER 11 WITH 91.3% NOTEHOLDER SUPPORT LUMINAR - AD HOC GROUP CONSENTS TO LUMINAR'S USE OF $25 MILLION CASH LUMINAR: DURING CHAPTER 11 CASES, LUMINAR EXPECTS TO CONTINUE OPERATING ITS BUSINESS Source text: ID:nBw8k8jLYa Further company coverage: LAZR.O ((Reuters.Briefs@thomsonreuters.com;))
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