--- title: "Luminar Technologies Reduces Debt with Note Exchange" description: "Luminar Technologies (LAZR) announced a private exchange of $18.2 million of its 1.25% Convertible Senior Notes due 2026 for newly issued Class A common stock and cash for accrued interest. This trans" type: "news" locale: "en" url: "https://longbridge.com/en/news/232953426.md" published_at: "2025-03-24T11:15:03.000Z" --- # Luminar Technologies Reduces Debt with Note Exchange > Luminar Technologies (LAZR) announced a private exchange of $18.2 million of its 1.25% Convertible Senior Notes due 2026 for newly issued Class A common stock and cash for accrued interest. This transaction, set to settle in four tranches starting March 25, 2025, will reduce the company's outstanding notes to $184.9 million, impacting its financial structure. Luminar focuses on advanced sensor technologies for autonomous vehicles. Current market cap is $278M with a year-to-date price performance of 35.99%. Luminar Technologies ( (LAZR) ) has shared an announcement. On March 23, 2025, Luminar Technologies entered into private exchange agreements with certain holders of its 1.25% Convertible Senior Notes due 2026, exchanging $18.2 million of these notes for newly issued Class A common stock and, in some cases, cash for accrued interest. These transactions, which are expected to settle in four daily tranches starting March 25, 2025, will not generate cash proceeds for the company but will reduce its outstanding notes to $184.9 million, potentially impacting its financial structure and market positioning. **More about Luminar Technologies** Luminar Technologies, Inc. operates in the technology sector, focusing on the development and production of advanced sensor technologies, primarily lidar, which are crucial for autonomous vehicles and advanced driver-assistance systems. **YTD Price Performance:** 35.99% **Average Trading Volume:** 2,581,837 **Technical Sentiment Signal:** Buy **Current Market Cap:** $278M For a thorough assessment of LAZR stock, go to TipRanks’ Stock Analysis page. ## Trending Articles: - Elon Musk’s Rules for Personal Finance - China Highlights Business Opportunities to America’s Apple (AAPL) and Pfizer - ‘There’s No Clarity,’ Says Investor About GameStop Stock Questions or Comments about the article? Write to editor@tipranks.com ### Related Stocks - [LAZR.US - Luminar Tech](https://longbridge.com/en/quote/LAZR.US.md) - [LAZRQ.US - LUMINAR TECHNOLOGIES INC](https://longbridge.com/en/quote/LAZRQ.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Microvision 以 3300 萬美元收購 Luminar 的激光雷達傳感器業務 | MicroVision Inc. 宣佈以 3300 萬美元收購與 Luminar Technologies, Inc. 的 Lidar 傳感器業務相關的某些資產,資金來源於現有現金。此次收購旨在增強 MicroVision 在 Lidar | [Link](https://longbridge.com/en/news/274799462.md) | | Luminar Media Group 報告 2025 年第四季度及全年融資增長創下紀錄 | Luminar Media Group Inc. 在 2025 年第四季度和全年報告了創紀錄的增長,第四季度的總融資額達到 390 萬美元,比 2024 年第四季度增長了 109%。全年融資額相比 2024 年增長超過 280%。公司將這一 | [Link](https://longbridge.com/en/news/273095467.md) | | Waymo 聯手 DeepMind 打造世界模型:基於 Genie 3,讓自動駕駛「腦補」罕見場景 | Waymo 與 DeepMind 合作推出了 Waymo World Model,基於 Genie 3 構建,旨在提升自動駕駛仿真能力。該模型能夠生成高度逼真的 3D 環境,模擬罕見事件,如龍捲風和大象,支持高保真多傳感器數據生成。Waym | [Link](https://longbridge.com/en/news/275202937.md) | | 第六代 Waymo 自動駕駛系統投入實際應用 | Waymo 推出了第六代 Waymo Driver,標誌着自動駕駛技術的重大進步。該新系統旨在提高安全性和效率,同時將業務擴展到包括極端天氣條件在內的多樣化環境中。Waymo Driver 配備了定製的多模態傳感器套件,利用高分辨率攝像頭、 | [Link](https://longbridge.com/en/news/275966346.md) | | Waymo 的最先進自動駕駛系統正式上路 | Waymo 正在推出其第六代駕駛套件,首款將是由極氪製造的 Ojai 小型麪包車,該車將很快為洛杉磯和舊金山的員工提供乘車服務。這款新硬件比其前身更便宜、更小巧且更強大,配備了先進的傳感器,能夠提供全面的 360 度視野。Waymo 計劃在 | [Link](https://longbridge.com/en/news/275908092.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.