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SPAC · Merger completed

Gores Metropoulos, Inc.

Business combination with Luminar Technologies, Inc.

Gores Metropoulos, Inc. is a blank-check company (SPAC) that raised $375M in its initial public offering on Feb 1, 2019. It completed its business combination with Luminar Technologies, Inc. on Dec 2, 2020; the combined company is Luminar Technologies, Inc. (LAZR). Weil, Gotshal & Manges advised the SPAC and Ropes & Gray advised the underwriters on the IPO.

Luminar Technologies is an autonomous vehicle sensor and software company offering a lidar and perception platform. Founded in 2012, it has a team of about 350 people with offices in Palo Alto, Orlando, Colorado Springs, Detroit and Munich.

Status
Merger completed
IPO date
Feb 1, 2019
IPO size
$375M
Target
Luminar Technologies, Inc.
Announced
Aug 24, 2020
Closed
Dec 2, 2020
Combined company
Luminar Technologies, Inc. (LAZR)
SPAC counsel (IPO)
Weil, Gotshal & Manges
Underwriters' counsel (IPO)
Ropes & Gray

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