other_material
confidence high
sentiment negative
materiality 0.85
Luminar shareholders reject say-on-pay; two directors face >90% withhold votes
Luminar Technologies, Inc./DE
- Advisory say-on-pay fails: 51.5M against vs 3.5M for (93.6% opposed).
- Directors Simoncini and Tempesta re-elected despite ~91% withheld votes (50.4M withheld each).
- Director Alec Gores re-elected with 97.4% support (53.8M for).
- Stockholders approved Series A convertible preferred share issuance (54.3M for) and 2.5M share equity plan increase (51.9M for).
- KPMG ratified as auditor for FY2025 with 70.3M votes for.
item 5.02item 5.07item 9.01