---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-000912"
form_type: "8-K"
ticker: null
cik: "0001758057"
company_name: "Luminar Technologies, Inc./DE"
filed_at: "2026-01-12T23:59:59+00:00"
generated_at: "2026-05-16T10:54:44.735742+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Luminar in Chapter 11 to sell LiDAR assets to Quantum Computing for $22M; Nasdaq delisting imminent

## Summary
- Purchase agreement with Quantum Computing Inc. (QUBT) for $22M cash as stalking-horse bidder under Section 363 of Bankruptcy Code.
- Break-up fee of 3% of cash consideration plus up to $500k expense reimbursement if not successful bidder.
- Closing expected by March 31, 2026, subject to Bankruptcy Court approval and higher competing bids.
- Nasdaq notified company it will file Form 25 on Jan 13, 2026 to delist common stock; trading suspended since Dec 24, 2025; now trades OTC Pink under LAZRQ.
- Chapter 11 cases filed Dec 15, 2025; sale process includes auction for potentially higher offers.

## SEC filing metadata
- accession: 0001140361-26-000912
- form_type: 8-K
- cik: 0001758057
- company_name: Luminar Technologies, Inc./DE
- filed_at: 2026-01-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758057/000114036126000912/0001140361-26-000912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758057/000114036126000912/ef200562700_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-000912
- JSON: https://secwatch.observer/filing/0001140361-26-000912.json
- Plain text: https://secwatch.observer/filing/0001140361-26-000912.txt

## Source-grounded claims
- claim_id: 0900f36889b55392cdd107656ecfbe61e077a9a6
  claim: Luminar Technologies, Inc./DE received a nasdaq noncompliance notice notice regarding late filing (rules 5830).
  evidence_excerpt: January 13, 2026 announcing that Nasdaq will file a Form 25 with the Securities and Exchange Commission (the “ SEC ”) to delist and deregister the Company’s Common Stock. The delisting from Nasdaq and deregistration of the Common Stock under Section 12(b) of the Exchange Act will be effective 10 days and 90 days (or such shorter period as the SEC may determine) after the filing of the Form 25, respectively. Trading of the Common Stock on Nasdaq was previously suspended on December 24, 2025 and the stock has not traded on Nasdaq since that time. The Common Stock currently trades on the OTC M
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758057/000114036126000912/0001140361-26-000912-index.htm
- claim_id: 5e8651f86dd7acb13de9f1e108d1afaf1c7e11a5
  claim: Luminar Technologies, Inc./DE entered into Purchase Agreement with Quantum Computing Inc. valued at $22,000,000 (effective 2026-01-11).
  evidence_excerpt: On January 11, 2026, the Company and certain of its affiliates (together, the “ Sellers ”) entered into a purchase agreement (the “ Purchase Agreement ”) with Quantum Computing Inc. (the “ Buyer ”) pursuant to which, subject to the terms and conditions set forth therein, the Buyer agreed to acquire specified assets related to the Sellers’ LiDAR business and assume certain liabilities (the “ Transaction ”), for cash consideration of $22,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758057/000114036126000912/0001140361-26-000912-index.htm

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