News
Dec 03, 2020
Luminar Goes Public In Reverse Merger With Gores Metropoulos
Luminar – DVIEP has successfully exited their investment in Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, after the Gores Metropoulos, Inc. (“Gores Metropoulos”) (Nasdaq: GMHI, GMHIU and GMHIW), a special purpose acquisition company (SPAC) sponsored by an affiliate of The Gores Group, LLC and an affiliate of Metropoulos and Co., completed their acquisition of Luminar. Luminar which now trades under the Nasdaq ticker symbol “LAZR” has a current market cap of $6.1B.