LAZRQ · Luminar Technologies, Inc./DE · Webcasts, Transcripts & Audio

Substantial doubt about the company's ability to continue as a going concern.

“management has concluded that as a result of the Chapter 11 Cases, substantial doubt exists about the Company's ability to continue as a going concern for 12 months following the issuance of the financial statements. The Company's accompanying consolidated financial statements do not include any adjustments that might result from the wind-down of the Company, including the disposition of the proceeds and the disposition of the Company's remaining assets to eligible claim holders.”