M&A
confidence high
sentiment negative
materiality 0.90
Luminar Technologies, Inc./DE: M&A transaction — Luminar completes $110M sale of semiconductor unit to Quantum, $33M LiDAR sale to MicroVision in Chapter 11
Luminar Technologies, Inc./DE
- Sale of Luminar Semiconductor to Quantum closed Feb 2, 2026 for $110M cash; $11M held in escrow for 12 months.
- LiDAR assets sold to MicroVision for $33M cash after auction; transaction closed Feb 3, 2026.
- Stalking horse agreement with Quantum terminated; break-up fee of $660K and $500K expense reimbursement paid.
- Company remains in Chapter 11; stock trades on OTC Pink under LAZRQ; warns of possible complete loss for holders.