---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-043420"
form_type: "8-K"
ticker: null
cik: "0001758057"
company_name: "Luminar Technologies, Inc./DE"
filed_at: "2025-11-26T23:59:59+00:00"
generated_at: "2026-05-16T16:32:16.213981+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Luminar enters fourth forbearance with noteholders; appoints CRO

## Summary
- Fourth Forbearance Agreements extend forbearance to Dec 2, 2025 (possible to Dec 7).
- Company failed to make Nov 15 interest payments on 1L Notes; grace period not yet expired.
- Appointed Robin Chu of Portage Point Partners as Chief Restructuring Officer.
- Minimum liquidity covenant of $30M imposed; weekly cash flow reporting required.
- Parties to negotiate in good faith on a holistic restructuring transaction.

## SEC filing metadata
- accession: 0001140361-25-043420
- form_type: 8-K
- cik: 0001758057
- company_name: Luminar Technologies, Inc./DE
- filed_at: 2025-11-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758057/000114036125043420/0001140361-25-043420-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758057/000114036125043420/ef20060047_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-043420
- JSON: https://secwatch.observer/filing/0001140361-25-043420.json
- Plain text: https://secwatch.observer/filing/0001140361-25-043420.txt

## Key facts
- Material Agreements
  Luminar Technologies, Inc./DE entered into Third Forbearance Agreements with Extending Noteholders (effective 2025-11-12).
  - Action: entry
  - Counterparty: Extending Noteholders
  - Effective: 2025-11-12
  source text: (iii) forbearance agreements, effective as of November 12, 2025 (the “ Third Forbearance Agreements ” and, together with the First Forbearance Agreements and Second Forbearance Agreements, the “ Initial Forbearance Agreements ”), with the Extending Noteholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758057/000114036125043420/0001140361-25-043420-index.htm
- Material Agreements
  Luminar Technologies, Inc./DE entered into Fourth Forbearance Agreements with Extending Noteholders (effective 2025-11-25).
  - Action: entry
  - Counterparty: Extending Noteholders
  - Effective: 2025-11-25
  source text: On November 25, 2025, the Company and the Extending Noteholders entered into new forbearance agreements (the “ Fourth Forbearance Agreements ”; and together with the Initial Forbearance Agreements, the “ Forbearance Agreements ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758057/000114036125043420/0001140361-25-043420-index.htm
- Material Agreements
  Luminar Technologies, Inc./DE entered into First Forbearance Agreements with Initial Forbearing Noteholders (effective 2025-10-30).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Initial Forbearing Noteholders
  - Effective: 2025-10-30
  source text: Luminar Technologies, Inc. (the “ Company ”) entered into: (i) forbearance agreements, effective as of October 30, 2025 (the “ First Forbearance Agreements ”), with an ad hoc group of holders (the “ Initial Forbearing Noteholders ”) of the Company’s Floating Rate Senior Secured Notes due 2028 (the “ 1L Notes ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758057/000114036125043420/0001140361-25-043420-index.htm
- Material Agreements
  Luminar Technologies, Inc./DE entered into Second Forbearance Agreements with Extending Noteholders (effective 2025-11-06).
  - Action: entry
  - Counterparty: Extending Noteholders
  - Effective: 2025-11-06
  source text: (ii) forbearance agreements, effective as of November 6, 2025 (the “ Second Forbearance Agreements ”), with an ad hoc group of holders (the “ Extending Noteholders ”) of the 1L Notes and 2L Notes
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758057/000114036125043420/0001140361-25-043420-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
