secwatch.observer — SEC 8-K summary
======================================

Issuer:     Luminar Technologies, Inc./DE (—)
CIK:        0001758057
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001140361-26-003737
Event type: m_and_a
Sentiment:  negative
Materiality: 0.90
Item codes: 1.02, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Luminar completes $110M sale of semiconductor unit to Quantum, $33M LiDAR sale to MicroVision in Chapter 11
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758057/000114036126003737/0001140361-26-003737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758057/000114036126003737/ef20064774_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-003737

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer