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Luminar Media Group, Inc. Officially Changes Corporate Name to Fortun Holdings, Corp.

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Fortun Holdings, Corp. (OTC:LRGR), formerly Luminar Media Group, announced its official corporate name change in Delaware. The new name aligns the public company with its Fortun-branded revenue-based financing subsidiaries serving small and medium-sized businesses.

The ticker symbol remains LRGR until the requested change to FRTU is reviewed, approved, and becomes effective.

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In the May 21 session, LRGR gained 11.11%, reflecting a significant positive market reaction.

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Corporate name change aligns the public company with its Fortun operating subsidiaries and long-term brand strategy

MIAMI, FL / ACCESS Newswire / May 21, 2026 / Fortun Holdings, Corp. (OTCID:LRGR), a diversified financial services holding company focused on revenue-based financing and related financial technology solutions for small and medium-sized businesses, today announced that it has officially changed its corporate name with the State of Delaware to Fortun Holdings, Corp.

The corporate name change is now effective under Delaware law and is already beginning to reflect on certain trading platforms and market data systems. The Company expects additional platforms and data providers to update their records as their systems process the corporate action.

The Company remains in the process of completing the related ticker symbol change and regulatory review. While no assurance can be given as to timing or approval, Fortun Holdings, Corp., will continue trading under its current ticker symbol LRGR until any ticker symbol change is approved and becomes effective. The Company currently expects to provide a further update once the requested ticker symbol FRTU has been approved and becomes effective for trading.

"This official name change represents an important step in aligning our public company identity with the Fortun brand, our operating subsidiaries, and the business we are building," said Yoel Damas, President and Chief Executive Officer of Fortun Holdings, Corp. "Fortun is the name our customers, partners, and stakeholders recognize across our revenue-based financing platform, and we believe the corporate name change better reflects our current operations and long-term strategic direction."

Fortun Holdings, Corp. operates through its Fortun-branded subsidiaries, which are focused on providing revenue-based financing and related alternative funding solutions to small and medium-sized businesses. The Company believes the name change supports a clearer and more unified corporate identity as it continues to execute its growth strategy, strengthen its corporate infrastructure, and position the business for future capital markets opportunities.

The Company intends to continue communicating material developments through appropriate public disclosure channels.

About Fortun Holdings, Corp.

Fortun Holdings, Corp., formerly Luminar Media Group, Inc., is a diversified financial services holding company focused on revenue-based financing and related financial technology solutions for small and medium-sized businesses. Through its Fortun-branded subsidiaries, the Company provides working capital solutions designed to help business owners access flexible funding based on business performance.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. Forward-looking statements include, but are not limited to, statements regarding the Company's corporate name change, the anticipated adoption of the new corporate name by trading platforms and market data providers, the Company's pending ticker symbol change, the potential approval and effectiveness of the requested ticker symbol FRTU, the Company's growth strategy, business objectives, corporate positioning, and future capital markets opportunities.

Forward-looking statements are based on management's current expectations, assumptions, and beliefs, and are often identified by words such as "expects," "believes," "anticipates," "intends," "plans," "may," "will," "should," "could," "hopes," "seeks," or similar expressions. These statements are not guarantees of future performance or results, and actual results may differ materially from those expressed or implied.

There can be no assurance that the requested ticker symbol change will be approved, that any trading platform or market data provider will update its systems within any particular timeframe, or that the Company will achieve any of its strategic, operational, or capital markets objectives. The Company undertakes no obligation to update any forward-looking statements except as required by applicable law.

Investor Relations Contact:
Hayden IR
James Carbonara
james@haydenir.com
(646) 755-7412

SOURCE: Fortun Holdings, Corp.



View the original press release on ACCESS Newswire

FAQ

What corporate change did Fortun Holdings (LRGR) announce on May 21, 2026?

Fortun Holdings announced it officially changed its corporate name in Delaware from Luminar Media Group to Fortun Holdings, Corp. According to the company, this aligns its public identity with Fortun-branded subsidiaries focused on revenue-based financing for small and medium-sized businesses.

Does the name change for Fortun Holdings affect the LRGR stock ticker right now?

The name change does not immediately affect the LRGR ticker; shares continue trading under LRGR. According to the company, a requested ticker change to FRTU is under regulatory review and will only become effective after approval and system updates.

When will Fortun Holdings (LRGR) change its ticker symbol to FRTU?

The ticker symbol change to FRTU does not yet have an effective date. According to the company, the change is subject to regulatory review, and Fortun plans to update investors once FRTU is approved and active for trading.

Why did Luminar Media Group change its name to Fortun Holdings (LRGR)?

The company changed its name to Fortun Holdings to align with its Fortun-branded operating subsidiaries. According to the company, the new name better reflects its revenue-based financing platform, current operations, and long-term strategic direction in financial technology.

What business does Fortun Holdings (LRGR) focus on after the corporate name change?

Fortun Holdings focuses on revenue-based financing and related alternative funding solutions for small and medium-sized businesses. According to the company, it operates through Fortun-branded subsidiaries and aims to strengthen its infrastructure and pursue future capital markets opportunities.

How will Fortun Holdings (LRGR) communicate future updates about the ticker change to FRTU?

Fortun Holdings plans to provide an update once the ticker FRTU is approved and effective. According to the company, it intends to continue communicating material developments through appropriate public disclosure channels for investors and market participants.