Luminar Technologies Changes Fiscal Year End
Ticker: LAZRQ · Form: 8-K · Filed: Aug 30, 2024 · CIK: 1758057
Sentiment: neutral
Topics: fiscal-year-change, corporate-governance
Related Tickers: LAZR
TL;DR
Luminar (LAZR) is shifting its fiscal year end from Dec 31 to June 30, starting next year.
AI Summary
Luminar Technologies, Inc. filed an 8-K on August 30, 2024, reporting a change in its fiscal year end from December 31 to June 30, effective for the fiscal year ending June 30, 2025. This change was approved by the Board of Directors on August 28, 2024. The company's previous fiscal year end was December 31.
Why It Matters
This change in fiscal year end could impact the timing of financial reporting and potentially align Luminar's reporting cycle with industry peers or operational milestones.
Risk Assessment
Risk Level: low — The filing solely reports a change in fiscal year end, which is a routine administrative change with no immediate financial implications.
Key Players & Entities
- Luminar Technologies, Inc. (company) — Registrant
- August 28, 2024 (date) — Date of Board approval for fiscal year change
- June 30, 2025 (date) — New fiscal year end
- December 31 (date) — Previous fiscal year end
FAQ
What is the new fiscal year end for Luminar Technologies, Inc.?
The new fiscal year end for Luminar Technologies, Inc. will be June 30, effective for the fiscal year ending June 30, 2025.
When was the decision to change the fiscal year end made?
The decision to change the fiscal year end was approved by the Board of Directors on August 28, 2024.
What was Luminar Technologies' previous fiscal year end?
Luminar Technologies' previous fiscal year end was December 31.
What is the effective date for the new fiscal year end?
The change is effective for the fiscal year ending June 30, 2025.
What type of filing is this 8-K related to?
This 8-K filing is related to Amendments to Articles of Incorporation or Bylaws and Change in Fiscal Year.
Filing Stats: 567 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-08-30 16:34:54
Key Financial Figures
- $0.0001 — red Class A Common Stock, par value of $0.0001 per share LAZR The Nasdaq Stock Market
Filing Documents
- lazr-20240828.htm (8-K) — 28KB
- luminar-amendedandrestat.htm (EX-3.1) — 88KB
- luminar-amendedandrestat001.jpg (GRAPHIC) — 387KB
- luminar-amendedandrestat002.jpg (GRAPHIC) — 1015KB
- luminar-amendedandrestat003.jpg (GRAPHIC) — 1007KB
- luminar-amendedandrestat004.jpg (GRAPHIC) — 1113KB
- luminar-amendedandrestat005.jpg (GRAPHIC) — 897KB
- luminar-amendedandrestat006.jpg (GRAPHIC) — 882KB
- luminar-amendedandrestat007.jpg (GRAPHIC) — 921KB
- luminar-amendedandrestat008.jpg (GRAPHIC) — 198KB
- 0001628280-24-038970.txt ( ) — 9113KB
- lazr-20240828.xsd (EX-101.SCH) — 2KB
- lazr-20240828_lab.xml (EX-101.LAB) — 23KB
- lazr-20240828_pre.xml (EX-101.PRE) — 13KB
- lazr-20240828_htm.xml (XML) — 3KB
03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On August 28, 2024, the Board of Directors of Luminar Technologies, Inc. (the "Company") amended and restated the Company's Amended and Restated Bylaws (as so amended and restated, the "A&R Bylaws") to make certain updates and conforming and technical changes, including the following: updating the informational requirements for director nominations and other proposals submitted by stockholders under the Company's "advance notice" provisions, including removing the term "acting in concert" and certain disclosure requirements related to persons "acting in concert" with stockholders and adding a definition of "principal competitor" pertaining to required disclosures relating to interests in competitors or material agreements with competitors; making certain revisions to align with current versions of relevant provisions of the Delaware General Corporation Law; and making other technical, clarifying, conforming and modernizing changes. The description above is qualified in its entirety by reference to the full text of the A&R Bylaws, a copy of which is filed as Exhibit 3.1 to this report and incorporated by reference into this Item 5.03.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 3.1 Amended and Restated Bylaws of Luminar Technologies, Inc. 104 Cover page interactive data file formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Luminar Technologies, Inc. Date: August 30, 2024 By: /s/ Thomas J. Fennimore Name: Thomas J. Fennimore Title: Chief Financial Officer