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10 items- PRLuminar and Gores Metropoulos Announce Closing of Business CombinationPALO 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 company will retain the Luminar Technologies, Inc. name and will commence trading on Nasdaq under the new ticker symbol “LAZR” on December 3, 2020. The Business Combination was approved at a s
- PRLuminar Accelerates Commercial Momentum With Mobileye Design WinPALO 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 driverless car development and testing. As part of the agreement, Mobileye will collaborate with Luminar to use its lidar for the first generation of its level 4 Mobility-as-a-Service (MaaS) pilot an
- PRSHAREHOLDER ALERT: WeissLaw LLP Reminds TOTA, GMHI, HCAC, and GHIV Shareholders About Its Ongoing InvestigationsNEW YORK, Nov. 6, 2020 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212) 682-3025 (888) 593-4771[email protected] Tottenham Acquisition I Limited (NASDAQ: TOTA) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Tottenham Acquisition I Limited (NASDAQ: TOTA) in connection with the company's proposed merger with Clene Nanomedicine, Inc. ("Clene"). Under the terms of the agreement, Totte
- PRLuminar to Present at Upcoming Investor ConferencesLOS 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, Gores Metropoulos will change its name to Luminar Technologies, Inc. and will be listed on the Nasdaq under the new ticker symbol “LAZR”. Deutsche Bank AutoTech Conference Date: November 10
- PRWeissLaw LLP Reminds CBMG, GMHI, NOVS, and TRNE Shareholders About Its Ongoing InvestigationsNEW YORK, Oct. 30, 2020 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212) 682-3025(888) 593-4771[email protected] Cellular Biomedicine Group, Inc. (NASDAQ: CBMG) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cellular Biomedicine Group, Inc. (NASDAQ: CBMG) in connection with the proposed interested-party acquisition of the company by an entity consisting of CBMG's CEO Tony Liu, memb
- PRDaimler Trucks and Torc Partner With Luminar to Enable Automated Trucking – Daimler Trucks Acquires Minority Stake in LuminarLOS ANGELES--(BUSINESS WIRE)--Today, Luminar Technologies, Inc., the global leader in automotive lidar hardware and software technology, and the world’s largest commercial vehicle manufacturer, Daimler Truck AG announced a strategic partnership to enable highly automated trucking, starting on highways. Experts at Daimler Trucks, its U.S. subsidiary, Daimler Trucks North America (DTNA) and Torc Robotics, part of Daimler Trucks’ Autonomous Technology Group, with the experts at Luminar are collaboratively pursuing a common goal of bringing series-produced highly automated trucks (SAE Level 4) to roads globally. The teams will work closely together in order to enhance lidar sensing, per
- PRGores Metropoulos, Inc. Announces Registration Statement Effectiveness and Special Meeting DateLOS 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 previously announced proposed business combination with Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology. In connection therewith, t
- PRDaimler Trucks and Torc Partner With Luminar to Enable Automated Trucking – Daimler Trucks Acquires Minority Stake in LuminarSTUTTGART, Germany & PALO ALTO, Calif.--(BUSINESS WIRE)--Today, Luminar Technologies, Inc., the global leader in automotive lidar hardware and software technology, and the world’s largest commercial vehicle manufacturer, Daimler Truck AG announced a strategic partnership to enable highly automated trucking, starting on highways. Experts at Daimler Trucks, its U.S. subsidiary, Daimler Trucks North America (DTNA) and Torc Robotics, part of Daimler Trucks’ Autonomous Technology Group, with the experts at Luminar are collaboratively pursuing a common goal of bringing series-produced highly automated trucks (SAE Level 4) to roads globally. The teams will work closely together in order to
- PRSHAREHOLDER ALERT: WeissLaw LLP Reminds GMHI, NOVS, and MOBL Shareholders About Its Ongoing InvestigationsNEW YORK, Oct. 23, 2020 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212) 682-3025(888) 593-4771[email protected] Gores Metropoulos Inc. (NASDAQ: GMHI) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Gores Metropoulos Inc. (NASDAQ: GMHI) in connection with the proposed merger of the company with privately-held autonomous vehicle and lidar technology company, Luminar Technologies, In
- PRSHAREHOLDER ALERT: WeissLaw LLP Reminds GMHI, TRNE, and HCAC Shareholders About Its Ongoing InvestigationsNEW YORK, Oct. 15, 2020 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212) 682-3025(888) 593-4771[email protected] Gores Metropoulos Inc. (NASDAQ: GMHI) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Gores Metropoulos Inc. (NASDAQ: GMHI) in connection with the proposed merger of the company with privately-held autonomous vehicle and lidar technology company Luminar Technologies, Inc