Gores Metropoulos Inc

Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which designs, builds, and sells long-range lidar products that address the requirements of global automotive OEMs and technology companies for autonomous driving. It operates through the following segments: Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment engages in the design, manufacturing and sale of lidar sensors, as well as related perception and autonomy enabling software solutions catering mainly to the original equipment manufacturers in the automobile, commercial vehicle, robo-taxi and adjacent industries. The Other Component Sales segment provides designing, testing, and consulting services for non-standard integrated circuits to U.S. customers, including government agencies and defense contractors generally for purposes unrelated to autonomous vehicles.The company was founded by Austin Russell and Jason Eichenholz in 2012 and is headquartered in Orlando, FL.

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Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which engages in the design, building, and marketing of long-range lidar products that address the requirements of global automotive OEMs and technology companies for autonomous driving. It operates through the Autonomy Solutions and Advanced Technologies and Services segments. The Autonomy Solutions segment includes the designing, manufacturing, and marketing of lidar sensors catering mainly to the OEMs in the automobile, commercial vehicle, robo-taxi and adjacent industries. The Advanced Technologies and Services segment provides semiconductors and related components, as well as design, test, and consulting services to the Autonomy Solutions segment and to various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles. The company was founded by Austin Russell and Jason Eichenholz in 2012 and is headquartered in Orlando, FL.

Gores Metropoulos Inc - Units (1 Class A & 1/3 War)

NEW YORK, April 30, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Gores Metropoulos II, Inc. ("GMII" or the "Company") ( GMII ) relating to its proposed acquisition of Sonder Holdings, Inc. Under the terms of the agreement, GMII will acquire Sonder through a reverse merger, with Sonder emerging as a publicly traded company. The investigation focuses on whether Gores Metropoulos II, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Gores Metropoulos II, Inc. - GMII

Sonder Holdings Inc., a high-tech hospitality company, said Friday it is going public via a merger with special purpose acquisition corporation Gores Metropoulos II Inc. in a deal with a pro forma enterprise value of $2.2 billion. The company will have $650 million in cash, while additional investors, including Fidelity Management & Research Company LLC, funds and accounts managed by BlackRock, Atreides Management, LP, entities affiliated with Moore Capital Management, Principal Global Investors, LLC, and Senator Investment Group, have committed to a PIPE investment of $200 million.

Hospitality company Sonder going public via merger with SPC Gores Metropoulos in $2.2 billion deal

Luminar Technologies

Gores Metropoulos Inc. (NASDAQ: LAZR) and Luminar Technologies on Friday completed a reverse merger announced in August.

Lidar Maker Luminar Completes SPAC Deal, Adds 70% to Share Price in 2 Days

The founder of a startup that helps cars drive themselves just became a billionaire — and he's barely old enough to rent a car on his own. Luminar Technologies CEO Austin Russell, 25, secured a hefty fortune after his company's stock market debut on Thursday.

Luminar's 25-year-old founder Austin Russell becomes billionaire after IPO

Luminar Technologies (NASDAQ:LAZR) went public today following a deal with special purpose acquisition company (SPAC) Gores Metropoulos. And the stock price increased by 26.67%.

LAZR Stock Price Increases 27.67% In Debut, Makes 25-Year-Old Austin Russell Youngest Billionaire

On another mixed market day, a red-hot sector gave investors another option via a SPAC merger.

This Autonomous-Vehicle Upstart Just Joined the Stock Market

It is an exclusive club including the likes of Facebook's Mark Zuckerberg and Snapchat's Evan Spiegel.

Aged two he had learned the periodic table - at 25 he's tech's latest billionaire

Shares of LAZR stock will be available after Luminar Technologies and Gores Metropoulos completed their "business combination" on Thursday. The post Luminar SPAC Merger: 4 Things to Know About the AV Play LAZR Stock appeared first on InvestorPlace.

Luminar SPAC Merger: 4 Things to Know About the AV Play LAZR Stock

Luminar CEO and co-founder Austin Russell poised to become a billionaire as his autonomous driving company goes public through a SPAC deal.

Luminar IPO makes 25-year old Austin Russell one of world's first, and youngest, self-driving billionaires

The 25-year-old wunderkind who started his company after dropping out of Stanford as a teenager is officially a billionaire as his company that makes sensors for self-driving cars went public through a SPAC.

Meet The World's Newest—And Youngest—Self-Made Billionaire: Luminar's Austin Russell

PALO ALTO & LOS ANGELES, Calif.--(BUSINESS WIRE)--Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, and Gores Metropoulos, Inc. (“Gores Metropoulos”) (Nasdaq: GMHI, GMHIU and GMHIW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC and an affiliate of Metropoulos and Co., today announced the completion of their previously announced business combination (the “Business Combination”). The combined

Luminar and Gores Metropoulos Announce Closing of Business Combination

GMHI is merging with industry-leading LIDAR manufacturer Luminar. Luminar already has contracts with Mobileye, Daimler and Volvo.

Gores Metropoulos' Merger With Luminar Is A Play On LIDAR, Mobileye

LOS ANGELES--(BUSINESS WIRE)--Gores Metropoulos, Inc. (NASDAQ: GMHI, GMHIU and GMHIW) (the “Company”), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Dean Metropoulos, Metropoulos & Co., reminds stockholders to vote in favor of the approval of the Company's proposed business combination with Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar har

Gores Metropoulos, Inc. Reminds Stockholders to Vote in Favor of the Business Combination With Luminar Technologies, Inc.

Luminar scores a major deal with Intel subsidiary Mobileye.

Why Gores Metropoulos Stock Skyrocketed Today

PALO ALTO, Calif.--(BUSINESS WIRE)--Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, which is currently in the process of becoming a public company through its expected merger with Gores Metropoulos, Inc. (Nasdaq: GMHI, GMHIU, GMHIW), a special purpose acquisition company, has struck a deal with Mobileye, an Intel company, to supply Luminar lidar for the company's Autonomous Vehicle (AV) Series solution in its next phase of driverle

 Luminar Accelerates Commercial Momentum With Mobileye Design Win

LOS ANGELES--(BUSINESS WIRE)--Gores Metropoulos, Inc. (“Gores Metropoulos”) (Nasdaq: GMHI, GMHIU, GMHIW), a special purpose acquisition company, announced today that Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar and software technology powering the introduction of highway autonomy, with which Gores Metropoulos has signed a definitive Merger Agreement, has announced a number of major business updates and milestones. Luminar OEM Programs Accelerating to Production

Luminar Increases Guidance; Accelerating Deals

LOS ANGELES--(BUSINESS WIRE)--Gores Metropoulos, Inc. (“Gores Metropoulos”) (Nasdaq: GMHI, GMHIU, GMHIW), a special purpose acquisition company, announced today that Luminar Technologies (“Luminar”), with which Gores Metropoulos has signed a definitive Merger Agreement, will be presenting virtually at the following upcoming investor conferences. Luminar is the global leader in automotive lidar technology powering the introduction of highway autonomy. Upon completion of the proposed transaction,

Luminar to Present at Upcoming Investor Conferences

LOS ANGELES--(BUSINESS WIRE)--Gores Metropoulos, Inc. (NASDAQ: GMHI, GMHIU and GMHIW) (the “Company”), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Dean Metropoulos, Metropoulos & Co., today announced that the Securities and Exchange Commission (the “SEC”) has declared effective its registration statement (the “Registration Statement”) on Form S-4 in connection with its

Gores Metropoulos, Inc. Announces Registration Statement Effectiveness and Special Meeting Date

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Once again, a tech entrepreneur will become a self-made billionaire.

25-Year-Old Luminar Founder Set to Become Billionaire Through SPAC Deal

Yet, after the recent sell-off in this SPAC's shares, a small position in GMHI stock may be worthwhile. Just don't go hog wild.

Gores Metropoulos Is a Cautious Buy Before the Luminar Deal Closes

Gores Metropoulos/Luminar isn't 2020's most electrifying SPAC. But with solid technology and top-notch partners, GMHI stock could be a real winner.

Put Gores Metropoulos on Your Autonomous Driving Radar

Gores Metropoulos' upcoming merger with Luminar could be a winner. GMHI stock could move much higher once the deal with Luminar is complete.

Gores Metropoulos’ Merger With Luminar Could Be a Winner

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Lidar technology may fuel GMHI stock to new highs in the months ahead after the SPAC combines with Luminar and begins trading on the Nasdaq. The post How Gores Metropoulos May Help Portfolios Drive Forward appeared first on InvestorPlace.

News for Gores Metropoulos Inc Stock (GMHI)