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.