Luminar Technologies Faces Nasdaq Delisting After Bankruptcy Filing

Reuters12-20 06:16
Luminar Technologies Faces Nasdaq Delisting After Bankruptcy Filing

Luminar Technologies Inc. is facing a significant regulatory issue following its commencement of voluntary Chapter 11 bankruptcy proceedings on December 15, 2025. As a result, Nasdaq has determined to delist the company’s Class A common stock in accordance with its listing rules. Trading on Nasdaq will be suspended as of December 24, 2025, and the stock will be removed from listing and registration. Following the delisting, Luminar’s shares are expected to trade on the Pink Limited Market operated by OTC Markets Group, a much less liquid and more limited marketplace, which may negatively impact the trading price and liquidity of the stock. There is no assurance that the shares will continue to trade or be quoted publicly after the transition.

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: 0001140361-25-046216), on December 19, 2025, and is solely responsible for the information contained therein.
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