Luminar Technologies Extends Forbearance Agreements Amid Missed Interest Payments

Reuters11-26

Luminar Technologies Extends Forbearance Agreements Amid Missed Interest Payments

Luminar Technologies Inc. has entered into new forbearance agreements with holders of its senior secured notes, extending the period during which these creditors have agreed not to exercise their rights and remedies related to missed interest payments. The latest agreements extend the forbearance period to December 2, 2025, with the possibility of further extension to December 7, 2025. As part of these developments, Luminar has also appointed Robin Chu, Managing Director of Portage Point Partners, LLC, as Chief Restructuring Officer, and agreed to an ongoing liquidity covenant while engaging in good faith negotiations toward a comprehensive transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Luminar Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-043420), on November 26, 2025, and is solely responsible for the information contained therein.

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