Skip to content
EN
brief us →

Luminar Technologies: founder control, debt and Chapter 11 liquidation

Luminar Technologies: participants and roles

Founder, sponsors, directors, officers, subsidiaries, investors, lenders, customers, buyers and parties to proceedings connected with Luminar Technologies, with the period, direction and source of each role.

published
17 oct 2026
records as of
15 oct 2026
entities
215
sources
103
cite entities.csv
Sole ownerListed as director in its Florida annual reportsListed as director in its Florida annual reportsDirect parent; lists it as a direct controlled subsidiary in its Chapter 11 statement of financial affairsDirect parent; lists it as a direct controlled subsidiary in its Chapter 11 statement of financial affairsDirect parent; lists it as a direct controlled subsidiary in its Chapter 11 statement of financial affairsDirect parent; lists it as a direct controlled subsidiary in its Chapter 11 statement of financial affairsDirect parent; lists it as a direct controlled subsidiary in its Chapter 11 statement of financial affairsDirect parent; lists it as a direct controlled subsidiary in its Chapter 11 statement of financial affairsDirect parent; lists it as a direct controlled subsidiary in its Chapter 11 statement of financial affairsLists it as a subsidiary in Exhibit 21.1; held through Luminar, LLC according to the debtors' schedulesLists it as a subsidiary in Exhibit 21.1; held through Luminar, LLC and Condor Acquisition Sub I, Inc. according to the debtors' schedulesParent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reportsParent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reports (+1)Parent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reportsParent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reports (+1)Parent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reportsParent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reportsSole owner; lists it as a subsidiary in the Exhibit 21.1 schedule for 2025Holds 100 per cent (debtor's schedule of assets); lists it as a subsidiary in Exhibit 21.1 (+1)Sole member (100%); Luminar, LLC housed the LiDAR autonomy-solutions business with the parentOwned all shares of this subsidiary, which housed the advanced technologies and services segment, until their sale to Quantum Computing Inc.Lists it as a subsidiary in the Exhibit 21.1 schedule for 2025Holds 100 per cent (debtor's schedule of assets); lists it as a subsidiary in Exhibit 21.1Parent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reportsParent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reports (+1)Parent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reports (+1)Parent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reports (+1)Parent company; listed as a subsidiary in the Exhibit 21.1 schedules of the 2024 and 2025 annual reportsDirector, according to Indian registry dataListed as authorised signatory in its Florida register recordListed as director and secretary in its Florida annual reportsListed as manager in its Florida register recordListed as director in its Florida annual reportsManaging memberShareholder: reported more-than-10% owner of the blank-check company; held 2,010,999 Class A shares at the December 2020 closing, 4,584,395 in February 2024 and 305,626 in June 2025 after the reverse splitIndependent director of the blank-check company Gores Metropoulos, Inc.Independent director of the blank-check company Gores Metropoulos, Inc.Named as "Crescent Cove" among the investors leading the investment of at least $170 million made directly into Luminar when the merger agreement was signedParent of the merger subsidiary that merged into Legacy LuminarParent of the merger subsidiary into which Legacy Luminar merged; the surviving company was renamed Luminar Holdco, LLCHeld 15,947,553 Class A shares (7.3% of the class) at the merger closing, for itself and as nominee for G2VP Founders Fund I, LLCBought Series A preferred shares for $19,999,992.83 in 2019 and Series X preferred shares for $928,640.46 in 2020Independent director of the blank-check company Gores Metropoulos, Inc.Financial adviser to Legacy Luminar on the business combination with Gores MetropoulosHeld 8,932,500 Class A shares at the merger closingManaging member of the blank-check company's sponsorManaging memberDirector and reported more-than-10% owner of Gores Holdings V Inc. (now Ardagh MP USA Inc.)Reported more-than-10% ownerChairman, director and reported more-than-10% ownerDirector and reported more-than-10% ownerReported more-than-10% ownerReported more-than-10% ownerDirector and reported more-than-10% ownerMade the voting and disposition decisions for its Luminar shares through AEG Holdings, LLC, its managing memberAs the blank-check company, paid The Gores Group $20,000 a month for office space, utilities and secretarial supportDirectorDirectorDirector and reported more-than-10% ownerDirector and chairman of Gores Holdings, Inc. (now Hostess Brands, Inc.)Reported more-than-10% ownerCo-founded the blank-check company Gores Metropoulos, Inc. togetherManaging member (EDGAR "other" relationship)Reported as beneficial owner of the Luminar shares held by Pacific Credit Corp.Director and reported more-than-10% owner of Gores Holdings III, Inc. (now PAE Inc)Named among the investors leading the investment of at least $170 million made directly into Luminar when the merger agreement was signedBeneficial owner of Class A shares held mainly through AEG Holdings, LLC and GM Sponsor, LLC: 10,943,499 (5.0%) at the merger closing, 5,184,139 (1.6%) in February 2024 and 347,732 after the reverse split in June 2025, part pledged under a third-party credit line (+4)Director, reported more-than-10% owner and chief executive officer of Gores Metropoulos II, Inc. (now Sonder Holdings Inc.)Director and reported more-than-10% owner of Gores Holdings IV, Inc. (now UWM Holdings Corp)Director and reported more-than-10% ownerAcquired Legacy Luminar in the December 2020 merger and holds it as a wholly owned subsidiary, Luminar Holdco, LLC; for accounting purposes Legacy Luminar was treated as the acquirerReported more-than-10% owner of the blank-check company Gores Metropoulos, Inc.A managing member of G2VP I Associates, LLC, the managing member of G2VP I, LLC; the merger proxy calls G2VP his affiliateChief financial officer and secretary of Gores Holdings V Inc. (now Ardagh MP USA Inc.)Chief financial officerChief financial officerChief financial officer and secretaryChief financial officer and secretaryOfficerChief financial officer and secretaryChief financial officer and secretaryChief financial officer and secretaryChief financial officer and secretaryChief financial officer and secretary of Gores Holdings III, Inc. (now PAE Inc)Chief financial officer and secretary of Gores Metropoulos II, Inc. (now Sonder Holdings Inc.)Chief financial officer and secretary of the blank-check company Gores Metropoulos, Inc.; signed its December 2020 charter and resigned at the merger closingChief financial officer and secretary of Gores Holdings IV, Inc. (now UWM Holdings Corp)Invested $1,000,000 through a SAFE, converted into 25,658 Series A-9 preferred sharesCo-founder, chairman, director and reported more-than-10% owner of the blank-check company Gores Metropoulos, Inc.Sponsor of the blank-check company: bought its founder shares and private placement warrants and was a reported more-than-10% ownerManaging directorNamed as "Volvo Cars Tech Fund" among the investors leading the investment of at least $170 million made directly into Luminar when the merger agreement was signedHolder of 21,775,651 Class A shares (6.7% of the class)Trustee with sole voting and investment power over the trust's Luminar sharesTrustee with sole voting and investment power over the trust's Luminar sharesReceived 4,500,000 Class A shares donated by Austin Russell, subject to a lock-up until February 12, 2022Held 306,453 Class A shares received from Austin Russell, voted by its trusteeHeld 1,600,000 Class A shares received from Austin Russell, voted by its trusteeParty, with Austin Russell, to the underwriting agreement under which Morgan Stanley bought 10,500,000 Class A shares from RussellPresident, chief executive officer and chair of the board; resigned from these posts on May 14, 2025, after an Audit Committee inquiry, and remained a director (+10)Donated 4,500,000 Luminar Class A sharesFounder; president, chief executive officer and director of Legacy LuminarSole annuitant, not trustee; gave the trust 306,453 Luminar Class A sharesSole annuitant, not trustee; gave the trust 1,600,000 Luminar Class A sharesSold 10,500,000 Class A shares to Morgan Stanley as underwriter at $21.00 per shareHolder of Class A shares: 18,914,450 (7.5% of the class) in March 2022 and 25,705,363 (7.9%) in February 2024Director; member of the Transaction Committee and Audit CommitteeDirector (Class II); member of the Special Investigation Committee and the Special Transactions CommitteeDirectorAudited, compiled or reviewed the books or prepared financial statementsIndependent registered public accounting firm; dismissed by the Audit CommitteeAudited, compiled or reviewed the books or prepared financial statementsIndependent directorDirector (Class I); member of the Special Investigation Committee and the Special Transactions CommitteeOne of the founding partners of the New York officeHead of restructuring and remediationDirector (Class III); member of the Special Restructuring CommitteeFounder, chairman and chief executive officerDirector; Audit Committee member in 2022; resigned on May 14, 2025, after the Audit Committee inquiry disclosed that day (+1)Director (Class III); Nominating & ESG Committee chair in 2025Executive Director of Engineering; head of display technologies at OculusDirectorCo-founder and chief technology officerDirector (+1)Director and more-than-10% ownerDirector and more-than-10% owner of Silver Spring Networks Inc (now Itron Networked Solutions, Inc.)Independent registered public accounting firm for fiscal 2025Audited, compiled or reviewed the books or prepared financial statementsBoard memberDirector (Class I); Audit Committee member in 2022; Nominating & ESG Committee member in 2025Co-founderBoard memberGeneral partnerDirector (Class I); Compensation & Human Capital Management Committee chair in 2025DirectorChairperson of the law firmDirectorPresident and chief executive officerDirectorDirectorDirectorDirectorDirectorDirector (Class I) (+2)DirectorAdviserChairman (March 1999 – March 2018) and chief executive officer (August 2000 – March 2018)DirectorChief executive officerDirectorAdviserSeveral positions, including President, Desktop Systems DivisionDirector of Atlantic Coastal Acquisition Corp. II (now Abpro Holdings, Inc.)Director (Class III); Audit Committee member in 2025DirectorDirectorPresidentDirector of Kensington Capital Acquisition Corp. IV (now Amprius Technologies, Inc.)DirectorDirector (Class II); Audit Committee chair in 2022; Lead Independent Director from February 2025DirectorDirectorDirectorPresident, chief executive officer and director (+2)Director of Legacy Luminar before the mergerDirector of Kensington Capital Acquisition Corp. (now QuantumScape Corp)Chief financial officerDirector (Class II); Audit Committee chair in 2025Executive vice president and chief financial officer (2015 – December 2023); earlier senior vice president, chief accounting officer and corporate controllerCorporate controller and chief accounting officer, among other positionsProvided minimal legal servicesProvided minimal legal servicesExecutive vice president and chief financial officer (+1)Chief Financial OfficerDirectorExecutive Vice President and Chief Financial Officer (2008–2015); later Executive Vice President Business Transformation (2017–2020)President and Chief Financial OfficerChief Transformation OfficerChief Financial OfficerManaging DirectorChief Technology Officer; described in an inventors' hall-of-fame biography as a co-founderChief Business Officer (of Legacy Luminar before the December 2020 merger)Chief Financial Officer (also Secretary from the merger closing) (+2)Director (within the year before the December 2025 filing)Chief Legal OfficerGeneral Counsel of the Luminar business before the 2020 merger (aggregator profiles)DirectorChief Business Affairs & Legal Officer and SecretaryChief Business OfficerChief Legal Officer and Corporate SecretaryHead of Corporate Development & Strategy (corporate officer, aggregator profiles)Lessee of about 8,000 square feet of office space in Colorado Springs under a five-year lease from a related partyChairman of the Luminar Automotive Council (advisory body)Chairman and founderInvestor and advisory board member (as described by his firm and a 2021 profile; size of holding not stated)Share the business address 24000 Greater Mack Ave, St Clair Shores, Michigan (Schedule G)Controlled the management advisory companyTenant of corporate housing in Orlando and consulting client (Legacy Luminar; Astralis was controlled by its Chief Business Officer)Counterparty to commercial business agreements, amendment letters and third amendments (Schedule G)Counterparty to an advisory agreement, commercial business agreements, amendment letters and second and third amendments (Schedule G)Counterparty to commercial business agreements and second and third amendments (Schedule G)Investor through open-market purchases of the SPAC that merged with Polestar on June 24, 2022; balance not material at end-2024 and end-2025 (+1)Father (the basis of the disclosed related-person employment)Adviser to the company (related person) (+1)Listed $749,315.14 of corporate-card expense amounts for him as insider payments (gross, before about $204,000 of refunds or credits) (+2)Early investor, as described by Crescent Cove in its blank-check company's registration statementHeld 853,995 Class A shares registered for resaleHeld 262,705 Class A shares registered for resaleHeld 675,435 Class A shares registered for resaleHeld 41,412 Class A shares registered for resaleVice presidentChairman, chief executive officer and chief financial officerFounder and chief investment officerManaging member of its general partner and investment manager; may be deemed to control its Luminar sharesManaging member of its general partner and investment manager; may be deemed to control its Luminar sharesFounder; chief investment officerManaging member of its general partner and investment manager; may be deemed to control its Luminar sharesSole memberChairman, chief executive officer and chief financial officer; a principal shareholderExercised control over the sponsor as sole member of its managerDirectorManaging member (signatory)PrincipalManager; may be deemed to control its Luminar sharesCo-trusteePlaintiff against Russell as trustee of the Austin K. Russell 2019 Trust and successor trustee of the Avocado Trust (Los Angeles County Superior Court, case 26SMCV00415)Plaintiff against South Dakota Trust Company LLC as trustee of the Avocado Trust (case 26SMCV00415)Invested $15.0 million in its shares, a related-party transaction because of Heng (sold in 2021–2022)Strategic investor: agreed in May 2022 to invest US$15.0 million in cash or shares and issued 2,030,374 Class A shares to ECARX on December 20, 2022 for ECARX shares; the ECARX shares could secure a $5.0 million St. James Bank facility and were still held at the December 2025 petition datePaid $26,888.74 in board fees on September 15, 2025, after Heng's resignation (+1)Party to a strategic collaboration agreement on deploying Luminar lidar in ChinaHeld 1,599,427 Class A shares registered for resaleTrusteeSuccessor trusteeSenior adviserBusiness associate: senior adviser to the blank-check company Heng led; Crescent Cove described Heng as working closely with Russell on LuminarTrusteeManager of the sponsorHeld 463,902 Class A shares registered for resaleEngaged D. Boral Capital LLC as exclusive placement agent for its Series A convertible preferred stockIssued its first-lien floating-rate notes due 2028 and second-lien convertible notes due 2030 under indentures with GLAS Trust Company LLC as trustee and collateral agentInvestor in a simple agreement for future equity (SAFE) of Plus Automation, Inc.; exercised its right to redeem the investment on December 19, 2025Borrower under two non-recourse loan and securities pledge facilities (up to $45.0 million and $5.0 million at 8.0%) from The St. James Bank & Trust Company Ltd.; nothing outstanding at the December 15, 2025 petition dateReceived 2,600,000 Luminar Class A shares under the stock-in-lieu-of-cash programme as an affiliate of a Luminar vendorA TPK Group company bought 110,192 Luminar Class A shares for $10.0 million in a private placement and exercised an option over another 110,192 shares for $10.0 millionIssued its 1.25% convertible senior notes due 2026 under an indenture with U.S. Bank National Association as trusteeSold Class A shares through Virtu Americas LLC as sales agent under its at-the-market equity programmeInvestor under the agreement for up to $200 million of Luminar Series A convertible preferred stockParent of BFE Acquisition Sub II, LLC (Black Forest Engineering), acquired in 2018 as the Luminar business's first strategic acquisition and later part of Luminar Semiconductor, Inc.; listed as a subsidiary in the 2024 and 2025 annual reportsAcquired 100% of the membership interests of EM4, LLC; EM4 became part of Luminar Semiconductor, Inc.; listed as a subsidiary in the 2024 and 2025 annual reportsAcquired all units of Freedom Photonics, LLC for about $34.6 million, mainly in Class A shares; later part of Luminar Semiconductor, Inc.; listed as a subsidiary in the 2024 and 2025 annual reportsBought EM4, LLC from G&H Investment Holding, Inc. for about $4.2 million in cash plus up to $6.75 million of contingent paymentsHolder of 1,500,000 Luminar Class A shares, subject to vesting, issued for services under the strategic collaboration with its affiliate Daimler North America CorporationLent $2.2 million to NEXT Semiconductor Technologies, Inc. under a promissory note on which NEXT defaulted (+1)Acquired all shares of OptoGration, Inc. for about $6.3 million in Class A shares; later part of Luminar Semiconductor, Inc.; listed as a subsidiary in the 2024 and 2025 annual reportsConsultant to Luminar, which agreed to issue it up to 958,060 Class A shares under a consulting agreementAcquired an equity interest (Class A Preferred Units) in Robotic Research OpCo, LLC in exchange for 618,924 Class A sharesBought Seagate's lidar-project assets, inventory and intellectual property and a patent licence for $12.6 million in cashBought Seagate's lidar-project assets, inventory and intellectual property and a patent licence (seller jointly with Seagate Technology LLC)Bought certain assets (Civil Maps mapping technology) from Solfice Research, Inc. for $6.3 million in Class A shares; a Solfice shareholder later challenged the purchase in courtCollaboration to integrate Iris lidar into Caterpillar's autonomous off-highway trucksOutsourced final assembly and testing of its Iris sensors to Celestica (agreements held by a Luminar subsidiary); Celestica gave notice of termination after Luminar stopped some supplier paymentsStrategic agreement with Daimler Truck AG announced by LuminarDevelopment and supply partner for automated-driving lidar; Mercedes-Benz terminated the development and supply agreement for breach in November 2024, followed by a non-exclusive Halo development agreementSales agreement with Mobileye announced by LuminarSupplier to Northrop Grumman, a customer accounting for more than 10% of the private Luminar company's revenueSupplier to Scale.AI, a customer accounting for more than 10% of Luminar's annual revenueSupplier to Toyota, a customer accounting for more than 10% of the private Luminar company's revenueContracted TPK to build and operate a high-volume manufacturing facility in Asia and to staff an engineering centre in ChinaSupplied lidar hardware and software to Volvo Cars, its largest customer, under a framework purchase agreement; Volvo gave notice terminating the agreement, which Luminar disputes (+1)Holder of warrants issued in March 2020 to buy up to 4,089,280 Luminar Class A shares at $3.1769, vesting on commercial milestonesPreserved possible estate claims against him in the plan supplement (Non-Released Party); the claims have not been adjudicatedPreserved possible estate claims against him in the plan supplement (Non-Released Party); the claims have not been adjudicatedIndependent counsel to the board's Special Investigation Committee in its investigation of current and former directors and officersServed document subpoenas on Luminar in an investigation of possible securities-law violationsSued Luminar, LLC for unpaid consulting and staffing fees (M.D. Fla. No. 6:25-cv-02355); pending in January 2026Sued to recover $301,866.88 on an unpaid invoice (M.D. Fla. No. 6:25-cv-02038); claim preserved under the planCo-founderPresident; signed the stock purchase agreement with Quantum Computing Inc. for the companyChief restructuring officer, appointed from Portage Point during the forbearance negotiationsCo-debtor in the jointly administered Chapter 11 cases (lead Case No. 25-90807; this debtor's case 25-90819)Co-debtor in the jointly administered Chapter 11 cases (lead Case No. 25-90807; this debtor's case 25-90820)Co-debtor in the jointly administered Chapter 11 cases (lead Case No. 25-90807; this debtor's case 25-90806)Co-debtor in the jointly administered Chapter 11 cases (lead Case No. 25-90807; this debtor's case 25-90808)Engaged as investment bank: answered an unsolicited takeover approach, then ran the search for buyers and the Chapter 11 sale processSold its LiDAR business assets to this buyer for $33 million in cash plus assumed liabilitiesEngaged as financial adviser (through Triple P TRS, LLC); provided the chief restructuring officerSigned a $22.0 million stalking-horse agreement for its LiDAR assets with this bidder, which became back-up bidder at the auction and received a break-up fee (+1)Announced a $300 million stake as its first partner companyProposed to acquire the company (non-binding proposal of October 14, 2025); its representatives later said Russell was interested in bidding for the LiDAR businessAnnounced as executive chairmanFounder and co-founderCo-founderReceived the debtors' assets free and clear under the confirmed plan, including retained causes of action such as the claims preserved against insiders (+2)Notices to its liquidation trustee are addressed care of this firmLegal adviser engaged for the restructuring and the Chapter 11 cases; with King & Spalding, advised the Special Investigation CommitteeBrought an April 2021 Cayman Islands action seeking joint receivers for GVA Capital, as described in a party pleading (+1)Managing partner of GVA Auto's manager, deemed to hold voting and dispositive power over its Luminar shares; CEO signatory in the 2020 registration rights agreement formManaging partnerInvestor contact: emailed Russell in September 2016 about the investment, according to a media reportMember holding the former Prosperity interest (net investment $18.5 million)Served a subpoena for documents on Luminar as a non-party in its case against GVA CapitalOwnerPlaintiff in a contract dispute (Delaware Court of Chancery C.A. No. 2021-0357-KSJM, removed to the District of Delaware, No. 1:21-cv-00741)Acted for Kerimov in investment matters; designated by OFAC on November 14, 2022 for acting on his behalfInvested $20,000,000 under a SAFE, converted in June 2019 into 1,322,780 Series A-2 preferred shares; a holder of more than 5% before the mergerHolder of Class A shares: 18,030,728 (8.2% of the class) after the December 2020 merger; 19,226,359 at March 31, 2022 (7.6%) and February 29, 2024 (5.9%)Dealt with Gadzhiev as Kerimov's representative (OFAC finding); obtained a letter of request for his evidence in Switzerland (January 2022)Manager; established GVA Auto and signed for it as general partnerManaged an investment for Kerimov, including after his April 2018 designation (OFAC finding)OwnerRetained an interest in the trust formed to hold his U.S. assets (OFAC finding)Retained an interest (OFAC finding)Co-founder, according to media reportsSaid, according to recordings described in a media report, to be behind Russell's 2023 bid for Forbes; both men denied itSubscribed and paid $20,000,000 on September 13, 2016; interest assigned to Definition Services on December 19, 2018Proposed buyer of an 82% stake (deal valued at $800 million); the sale was ended in November 2023Corporate parentListed its Class A common stock (ticker LAZR); delisted after the Chapter 11 filingAustin K. Russell2019 TrustAustin K. Russell 2019 TrustBDOBDOMercedes-BenzInvestment CompanyLLCMercedes-Benz Investment Company LLCLuminsure, Inc.Luminsure, Inc.MicroVision, Inc.MicroVision, Inc.Crescent CoveCapital II, LPCrescent Cove Capital II, LPPress Room LLCPress Room LLCCrescent CoveAcquisition Corp.Crescent Cove Acquisition Corp.Heng Zhao JTRevocable TrustHeng Zhao JT Revocable TrustTPK Holding Co.,Ltd.TPK Holding Co., Ltd.Crescent CoveCapital ManagementLLCCrescent Cove Capital Management LLCAvocado TrustAvocado TrustSouth Dakota TrustCompany LLCSouth Dakota Trust Company LLCForbes GlobalMedia HoldingsInc.Forbes Global Media Holdings Inc.BFE AcquisitionSub II, LLC (BlackForestEngineering)BFE Acquisition Sub II, LLC (Black Forest Engineering)BFE Leasing LLCBFE Leasing LLCMercedes-BenzMercedes-BenzDeloitte & ToucheLLPDeloitte & Touche LLPECARX HoldingsInc.ECARX Holdings Inc.Central FloridaFoundation, Inc.Central Florida Foundation, Inc.Crescent CoveOpportunity FundLPCrescent Cove Opportunity Fund LPLuminarTechnologies(Shanghai) Co.,Ltd.Luminar Technologies (Shanghai) Co., Ltd.Crescent CoveOpportunityForeignIntermediary, LLCCrescent Cove Opportunity Foreign Intermediary, LLCJun Hong HengJun Hong HengCrescent CoveAdvisors, LPCrescent Cove Advisors, LPMyriad AssetManagementMyriad Asset ManagementGCAGCAArgyle StreetManagementArgyle Street ManagementCrescent CoveOpportunityLending, LLCCrescent Cove Opportunity Lending, LLCGores TechnologyPartners, Inc.Gores Technology Partners, Inc.D. Boral CapitalLLCD. Boral Capital LLCVirtu Americas LLCVirtu Americas LLCScale.AIScale.AILuminar TechnologyServices (India)Private LimitedLuminar Technology Services (India) Private LimitedAlan PrescottAlan PrescottLuminartechMexico, S. de R.L.de C.V.Luminartech Mexico, S. de R.L. de C.V.Morgan StanleyMorgan StanleyMichael RussellMichael RussellJason EichenholzJason EichenholzCOVA AcquisitionCorp.COVA Acquisition Corp.Volvo CarTechnology Fund ABVolvo Car Technology Fund ABPavel CherkashinPavel CherkashinAlex VitaleAlex VitaleThe CharltonGroup, Inc.The Charlton Group, Inc.Crescent CoveLuminar SPV, LLCCrescent Cove Luminar SPV, LLCGores Guggenheim,Inc.Gores Guggenheim, Inc.AKR LuminarHoldings FamilyTrust GRAT AAKR Luminar Holdings Family Trust GRAT ACity National BankCity National BankKPMG LLPKPMG LLPP3 USA, Inc.P3 USA, Inc.Luminar, LLCLuminar, LLCLuminar Sweden ABA4Luminar Sweden ABA4: Liquidation and bankruptcy in Sweden (2026)Thomas J.FennimoreA9 · A10Thomas J. FennimoreA9: Defendant in the 2025 securities class action (pending; allegations disputed) · A10: Named defendant in 2025 shareholder derivative suits (undecided)Austin RussellA7 · A9 · A10 · A12 · A13Austin RussellA7: Named defendant in 2023 shareholder derivative suits (undecided) · A9: Defendant in the 2025 securities class action (pending; allegations disputed) · A10: Named defendant in 2025 shareholder derivative suits (undecided) · A12: Excluded from the plan releases; possible estate claims preserved (unadjudicated) · A13: Sued as trustee by Crescent Cove Opportunity Lending (2026, pending)LuminarSemiconductor,Inc.Luminar Semiconductor, Inc.AKR LuminarHoldings FamilyTrust GRAT BAKR Luminar Holdings Family Trust GRAT BLuminar Holdco,LLC (LegacyLuminar)Luminar Holdco, LLC (Legacy Luminar)GVA Capital Ltd.A14 · A15GVA Capital Ltd.A14: OFAC civil penalty of $215,988,868 (June 2025) · A15: Contract suit by Definition Services (2021)Magomed MusaevMagomed MusaevBMO Bank, N.A.BMO Bank, N.A.Ardagh MP USA Inc.Ardagh MP USA Inc.Gores Holdings IX,Inc.Gores Holdings IX, Inc.Sonder HoldingsInc.Sonder Holdings Inc.Joseph D. GattoJoseph D. GattoCondor AcquisitionSub II, Inc.Condor Acquisition Sub II, Inc.Condor AcquisitionSub I, Inc.Condor Acquisition Sub I, Inc.Luminar GmbHA3Luminar GmbHA3: Provisional insolvency administration ordered in Munich (March 2026)PolestarAutomotive HoldingUK PLCPolestar Automotive Holding UK PLCLAZR Technologies,LLCLAZR Technologies, LLCLuminarTechnologies, Inc.A1 · A2 · A5 · A6 · A8 · A11Luminar Technologies, Inc.A1: Chapter 11 filing (December 2025) and liquidation plan (April 2026) · A2: Going-concern doubt and missed note interest (October–November 2025) · A5: SEC document subpoenas in an investigation (September 2025; not a finding) · A6: 2023 securities class action (claims against Luminar terminated May 2026) · A8: 2025 securities class action (Luminar dropped as defendant in January 2026) · A11: Solfice shareholder suit over the 2022 asset purchase (disputed; stayed)Chris CharltonChris CharltonLuminar LimitedLuminar LimitedG2VP I, LLCG2VP I, LLCAEG Holdings, LLCAEG Holdings, LLCC. DeanMetropoulosC. Dean MetropoulosThe Gores GroupThe Gores GroupAlec E. GoresA7Alec E. GoresA7: Named defendant in 2023 shareholder derivative suits (undecided)Andrew McBrideAndrew McBrideGores HoldingsVIII Inc.Gores Holdings VIII Inc.PAE IncPAE IncPortage PointPartners, LLCPortage Point Partners, LLCLuminar LTC IsraelLtd.Luminar LTC Israel Ltd.Alexander FishkinAlexander FishkinTPK GroupTPK GroupNEXT SemiconductorTechnologies, Inc.NEXT Semiconductor Technologies, Inc.LuminarTechnologiesliquidating trustLuminar Technologies liquidating trustQuantum ComputingInc.Quantum Computing Inc.Benjamin J.KortlangBenjamin J. KortlangGVA Auto, LLCGVA Auto, LLCGM Sponsor, LLCGM Sponsor, LLCGores MetropoulosSponsor LLCGores Metropoulos Sponsor LLCThe Nasdaq StockMarket LLCThe Nasdaq Stock Market LLCGores TechnologyPartners II, Inc.Gores Technology Partners II, Inc.Gores Holdings X,Inc.Gores Holdings X, Inc.Matterport, Inc.Matterport, Inc.UWM Holdings CorpUWM Holdings CorpRobin ChiuRobin ChiuEmergence AIEmergence AILumincar DataServices, LLCLumincar Data Services, LLCEM4, LLCEM4, LLCCT Charlton &Associates, Inc.CT Charlton & Associates, Inc.Wilson SonsiniGoodrich & RosatiPCWilson Sonsini Goodrich & Rosati PCKatharine A.MartinKatharine A. MartinBlackRock, Inc.BlackRock, Inc.Enphase Energy,Inc.Enphase Energy, Inc.Plus Automation,Inc.Plus Automation, Inc.Itron NetworkedSolutions, Inc.Itron Networked Solutions, Inc.HRM Holdings LLCHRM Holdings LLCGores Holdings VIIInc.Gores Holdings VII Inc.Gores Holdings XI,Inc.Gores Holdings XI, Inc.BMC StockHoldings, Inc.BMC Stock Holdings, Inc.Dawn Merger Sub,Inc.Dawn Merger Sub, Inc.Murtaza AhmedMurtaza AhmedRussell AI LabsRussell AI LabsMomentus Inc.Momentus Inc.Astralis Group,LLCAstralis Group, LLCCharlton Holdings,LLCCharlton Holdings, LLCVolvo CarsVolvo CarsU.S. Securitiesand ExchangeCommissionU.S. Securities and Exchange CommissionLear CorporationLear CorporationMatthew J.SimonciniMatthew J. SimonciniGLAS Trust CompanyLLCGLAS Trust Company LLCNuanceCommunications,Inc.Nuance Communications, Inc.Daniel D. TempestaDaniel D. TempestaKensington CapitalAcquisition Corp.IIKensington Capital Acquisition Corp. IICooper-StandardHoldings Inc.Cooper-Standard Holdings Inc.Teradyne, Inc.Teradyne, Inc.Pacific CreditCorp.Pacific Credit Corp.Markus SchaeferMarkus SchaeferYA II PN, Ltd.YA II PN, Ltd.MobileyeMobileyeM. Scott FarisM. Scott FarisG&H InvestmentHolding, Inc.G&H Investment Holding, Inc.Michael JohnCramerMichael John CramerDundon AdvisersLLCDundon Advisers LLCMary Lou JepsenMary Lou JepsenAmpriusTechnologies, Inc.Amprius Technologies, Inc.Thomas BeaudoinThomas BeaudoinCerence Inc.Cerence Inc.Shaun MaguireShaun MaguireAMP RoboticsAMP RoboticsGather.townGather.townPolaroidCorporationPolaroid CorporationBroadcomCorporationBroadcom CorporationElizabeth AbramsElizabeth AbramsRobotic ResearchOpCo, LLCRobotic Research OpCo, LLCThe St. James Bank& Trust CompanyLtd.The St. James Bank & Trust Company Ltd.Weil, Gotshal &Manges LLPWeil, Gotshal & Manges LLPOptoGration, Inc.OptoGration, Inc.Freedom Photonics,LLCFreedom Photonics, LLCSeagate SingaporeInternationalHeadquarters Pte.Ltd.Seagate Singapore International Headquarters Pte. Ltd.Facebook, Inc.Facebook, Inc.Kensington CapitalAcquisition Corp.Kensington Capital Acquisition Corp.Kensington CapitalAcquisition Corp.VIKensington Capital Acquisition Corp. VIPaul RicciPaul RicciXerox CorporationXerox CorporationEscape Dynamics,Inc.Escape Dynamics, Inc.CC AcquisitionSponsor Manager,LLCCC Acquisition Sponsor Manager, LLCScott A. McGregorScott A. McGregorEquifax Inc.Equifax Inc.Cumulus Media Inc.Cumulus Media Inc.Dominick SchianoDominick SchianoVerra MobilityCorpVerra Mobility CorpJefferies LLCJefferies LLCLuminar Hong KongLimitedLuminar Hong Kong LimitedSolfice Research,Inc. (Civil Maps)Solfice Research, Inc. (Civil Maps)King & SpaldingLLPKing & Spalding LLPProsperityInvestments, L.P.Prosperity Investments, L.P.DefinitionServices, Inc.Definition Services, Inc.Patricia FerrariPatricia FerrariIntelligentMedical ObjectsIntelligent Medical ObjectsCano Health, Inc.Cano Health, Inc.Hostess Brands,Inc.Hostess Brands, Inc.COVA AcquisitionSponsor LLCCOVA Acquisition Sponsor LLCIngram Micro Inc.Ingram Micro Inc.Lightspeed VenturePartnersLightspeed Venture PartnersAbpro Holdings,Inc.Abpro Holdings, Inc.Material SciencesCorpMaterial Sciences CorpToyotaToyotaRandall BortRandall BortLuminar InsuranceServices, LLCLuminar Insurance Services, LLCSeagate TechnologyLLCSeagate Technology LLCHeritage TrustA17Heritage TrustA17: Notified of blocked property by OFAC (June 2022)Suleiman KerimovA16Suleiman KerimovA16: Designated by OFAC (April 2018; redesignated September 2022)Nariman GadzhievA18Nariman GadzhievA18: Designated by OFAC (November 2022)MBIA Inc.MBIA Inc.Warburg Pincus LLCWarburg Pincus LLCQualifactsQualifactsMPC CorpMPC CorpPersonalis, Inc.Personalis, Inc.Applied Materials,Inc.Applied Materials, Inc.Xactly CorpXactly CorpGetty ImagesHoldings, Inc.Getty Images Holdings, Inc.CelesticaCelesticaCaterpillar Inc.Caterpillar Inc.Northrop GrummanNorthrop GrummanMarc LosiewiczMarc LosiewiczDaimler Truck AGDaimler Truck AGU.S. Bank NationalAssociationU.S. Bank National AssociationOne Laptop perChildOne Laptop per ChildQuantumScape CorpQuantumScape CorpSimpliVity Corp.SimpliVity Corp.SOC Telemed, Inc.SOC Telemed, Inc.Sequoia CapitalSequoia CapitalQualifacts SystemsInc.Qualifacts Systems Inc.Sprain CapitalLtd.Sprain Capital Ltd.Progress SoftwareCorporationProgress Software CorporationTalis BiomedicalCorporationTalis Biomedical CorporationLuminar MemberServices, LLCLuminar Member Services, LLCSTR Holdings, Inc.STR Holdings, Inc.LuminarTechnologies(Xiamen) Co. Ltd.Luminar Technologies (Xiamen) Co. Ltd.EMFOUR AcquisitionCo., LLCEMFOUR Acquisition Co., LLCDawn Merger SubII, LLCDawn Merger Sub II, LLCThe Vanguard GroupThe Vanguard GroupTerminusTechnologiesLimitedTerminus Technologies Limited

Solid line: documented. Amber dashed: reported. Grey dotted: hypothesis. One arrow: the relationship as stated; two arrows: reciprocal; no arrow: symmetric. A path between two parties does not transfer an allegation from one to the other.

every party and relationship in full, as text ↓

Information markers
  • A1 · Chapter 11 filing (December 2025) and liquidation plan (April 2026) — Luminar Technologies, Inc.
  • A2 · Going-concern doubt and missed note interest (October–November 2025) — Luminar Technologies, Inc.
  • A5 · SEC document subpoenas in an investigation (September 2025; not a finding) — Luminar Technologies, Inc.
  • A6 · 2023 securities class action (claims against Luminar terminated May 2026) — Luminar Technologies, Inc.
  • A8 · 2025 securities class action (Luminar dropped as defendant in January 2026) — Luminar Technologies, Inc.
  • A11 · Solfice shareholder suit over the 2022 asset purchase (disputed; stayed) — Luminar Technologies, Inc.
  • A7 · Named defendant in 2023 shareholder derivative suits (undecided) — Alec E. Gores
  • A9 · Defendant in the 2025 securities class action (pending; allegations disputed) — Thomas J. Fennimore
  • A10 · Named defendant in 2025 shareholder derivative suits (undecided) — Thomas J. Fennimore
  • A12 · Excluded from the plan releases; possible estate claims preserved (unadjudicated) — Austin Russell
  • A13 · Sued as trustee by Crescent Cove Opportunity Lending (2026, pending) — Austin Russell
  • A3 · Provisional insolvency administration ordered in Munich (March 2026) — Luminar GmbH
  • A4 · Liquidation and bankruptcy in Sweden (2026) — Luminar Sweden AB
  • A14 · OFAC civil penalty of $215,988,868 (June 2025) — GVA Capital Ltd.
  • A15 · Contract suit by Definition Services (2021) — GVA Capital Ltd.
  • A16 · Designated by OFAC (April 2018; redesignated September 2022) — Suleiman Kerimov
  • A18 · Designated by OFAC (November 2022) — Nariman Gadzhiev
  • A17 · Notified of blocked property by OFAC (June 2022) — Heritage Trust

Markers apply only to the named participant. They do not transfer allegations to connected parties.

Participants 215

Subject

Leadership

Group companies

Counterparties

Historical

Other

Relationship register 360

chronology

  1. Austin Russell founds the Luminar business c-id-founding c-ctl-russell-founder
  2. Prosperity Investments pays $20,000,000 into GVA Auto, LLC for the investment later made through a SAFE c-gva-ofac-investment c-gva-auto-safe
  3. The Luminar business buys Black Forest Engineering, its first acquisition c-acq-bfe
  4. OFAC designates Suleiman Kerimov c-gva-kerimov-designation
  5. Alec Gores and Dean Metropoulos found the blank-check company Gores Metropoulos, Inc. c-mrg-spac-formation
  6. Gores Metropoulos raises $400 million in its initial public offering c-mrg-spac-formation
  7. Luminar and Volvo Car Corporation sign the framework purchase agreement c-cus-volvo-agreement
  8. Merger agreement with Gores Metropoulos and Russell's voting agreement signed c-mrg-merger-structure c-ctl-voting-agreement
  9. Merger closes; Luminar lists on Nasdaq with Russell holding all Class B shares c-mrg-merger-structure c-mrg-closing-capital c-ctl-russell-2020 c-id-nasdaq-listing
  10. Luminar invests $15.0 million in COVA Acquisition Corp., led by Jun Hong Heng c-heng-cova-investment
  11. Jun Hong Heng and Shaun Maguire join the board; McGregor and Kortlang leave c-brd-2021-changes
  12. Russell sells 10,500,000 Class A shares to Morgan Stanley at $21.00 c-ctl-2021-sale
  13. Luminar buys OptoGration c-acq-optogration
  14. Luminar issues $625.0 million of 1.25% convertible senior notes due 2026 c-fin-2026-converts
  15. Luminar buys Freedom Photonics c-acq-freedom-photonics
  16. Russell is granted 10,800,000 performance share units c-ctl-russell-psu
  17. COVA merges with ECARX; Luminar issues 2,030,374 shares to ECARX c-heng-ecarx-investment
  18. Luminar buys Seagate's lidar assets for $12.6 million c-acq-seagate
  19. First securities class action filed against Luminar c-lit-2023-class-action
  20. Luminar buys EM4, LLC c-acq-em4
  21. Secured first-lien and second-lien notes issued in an exchange for 2026 notes c-fin-2024-exchange
  22. Board forms a special committee to consider a potential acquisition of the company c-brd-special-committee-2024
  23. One-for-15 reverse stock split takes effect c-ctl-reverse-split
  24. Russell gives 1,906,453 Class A shares to two family trusts c-ctl-grat-gifts
  25. Audit Committee dismisses Deloitte and engages KPMG c-brd-auditor-change
  26. Russell resigns as chief executive and chair after an Audit Committee inquiry; Heng leaves the board c-inq-russell-resignation c-inq-heng-resignation
  27. Paul Ricci becomes chief executive officer c-off-interim-and-ricci
  28. First $35 million of Series A convertible preferred stock sold c-fin-series-a-preferred
  29. OFAC imposes a $215,988,868 penalty on GVA Capital Ltd. c-gva-ofac-penalty
  30. Second securities class action filed, over disclosures about the former chief executive c-lit-2025-class-action
  31. Luminar receives an SEC subpoena for documents c-inq-sec-subpoena
  32. Russell proposes that Russell AI Labs acquire Luminar c-ch11-russell-proposal
  33. Luminar does not pay interest due on its second-lien notes c-fin-missed-interest
  34. Luminar reports substantial doubt about its ability to continue as a going concern c-fin-going-concern c-ch11-advisers-8k
  35. Two new directors appointed and the Special Investigation Committee formed c-brd-nov-2025-appointments c-inq-sic-formed
  36. Volvo gives notice purporting to terminate the framework purchase agreement c-cus-volvo-dispute
  37. Luminar, LAZR Technologies and Luminar, LLC file for Chapter 11 in Houston c-ch11-petition
  38. Nasdaq suspends trading; shares move to OTC Pink as LAZRQ c-id-delisting
  39. Crescent Cove Opportunity Lending sues Russell as trustee in Los Angeles c-heng-lawsuit
  40. MicroVision wins the auction for the LiDAR business at $33 million c-ch11-lidar-auction
  41. Luminar Semiconductor sold to Quantum Computing Inc. c-ch11-sales-closed
  42. LiDAR business sold to MicroVision c-ch11-sales-closed c-ch11-microvision-terms
  43. Special Investigation Committee adopts its findings c-inq-sic-findings
  44. Munich court appoints a provisional insolvency administrator for Luminar GmbH c-grp-gmbh-insolvency
  45. Bankruptcy court confirms the Fourth Amended Chapter 11 Plan of Liquidation c-ch11-confirmation
  46. Plan takes effect: shares cancelled, directors and officers leave, liquidating trust takes over c-ctl-cancellation c-brd-termination c-ch11-plan-trust
  47. Luminar Sweden AB declared bankrupt c-grp-sweden

cite this dossier

DossierTwist, “Luminar Technologies: founder control, debt and Chapter 11 liquidation”, dt.020, 17 October 2026, https://dossiertwist.com/dossiers/luminar-technologies/

Free to read, cite and republish with credit under CC BY 4.0: credit “DossierTwist” and link to the dossier.

Data: JSON, CSV and the network graph.

share

We listen to all sides: responses are shown next to the claims they answer. To send a correction or a reply, write to dossiertwist@proton.me.