Luminar secures up to $200M following CEO departure and layoffs

May 22, 2025 - 01:36

0 0

Luminar secures up to $200M following CEO departure and layoffs

Lidar company Luminar reached a deal with Yorkville Advisors Global and another unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over an 18-month period. The agreement, which was announced in a regulatory filing Wednesday, follows an abrupt change in leadership and layoffs. Earlier this month, […]

What's Your Reaction?

Like 0

Dislike 0

Love 0

Funny 0

Angry 0

Sad 0

Wow 0

Related Posts

Henk Rogers on telling the real story of Tetris: ‘I have to set the record straight’

Henk Rogers on telling the real story of Tetris: ‘I hav...

Apr 20, 2025 0 0

Everybody’s got a favorite new game

Everybody’s got a favorite new game

Apr 20, 2025 0 2

A lot of Logitech products cost more now than two months ago

A lot of Logitech products cost more now than two month...

Apr 21, 2025 0 1

Uncovered emails showed how Meta struggled to keep Face...

Apr 20, 2025 0 0

Scientists Are Mapping the Bizarre, Chaotic Spacetime Inside Black Holes

Scientists Are Mapping the Bizarre, Chaotic Spacetime I...

Apr 20, 2025 0 1

Palantir exec defends company’s immigration surveillance work

Palantir exec defends company’s immigration surveillanc...

Apr 20, 2025 0 1