Luminar Media Group Reserves Ticker Symbol "FRTU" with Nasdaq
Luminar Media Group (OTC:LRGR) announced it has reserved the ticker symbol FRTU with The Nasdaq Stock Market and engaged Zarif Law Group as securities counsel on November 20, 2025. The reservation is part of Luminar's evaluation of capital-markets alternatives, including a potential national-exchange listing. Management said the company is building governance, financial reporting cadence, and compliance processes consistent with public-company standards to support any future listing decision.
The company described the ticker reservation as a milestone that preserves brand continuity while it assesses listing pathways and advances required legal and disclosure work with outside counsel.
Luminar Media Group (OTC:LRGR) ha annunciato di aver riservato il simbolo di ticker FRTU presso The Nasdaq Stock Market e di aver incaricato Zarif Law Group come consulente di servizi titoli il 20 novembre 2025. La riserva è parte della valutazione da parte di Luminar delle alternative del mercato dei capitali, inclusa una potenziale quotazione su un exchange nazionale. La direzione ha detto che l'azienda sta costruendo governance, cadenza di rendicontazione finanziaria e processi di conformità coerenti agli standard delle società quotate per supportare qualsiasi futura decisione di quotazione.
La società ha descritto la riservazione del ticker come una pietra miliare che preserva la continuità del marchio mentre valuta i percorsi di quotazione e avanza il lavoro legale e di divulgazione richiesto con consulenti legali esterni.
Luminar Media Group (OTC:LRGR) anunció que ha reservado el símbolo de cotización FRTU con The Nasdaq Stock Market y contrató a Zarif Law Group como asesoría de valores el 20 de noviembre de 2025. La reserva forma parte de la evaluación de Luminar de alternativas del mercado de capitales, incluida una posible cotización en una bolsa nacional. La dirección afirmó que la empresa está construyendo gobernanza, cadencia de presentación de informes financieros y procesos de cumplimiento consistentes con los estándares de las empresas que cotizan en bolsa para respaldar cualquier futura decisión de listado.
La empresa describió la reserva del ticker como un hito que preserva la continuidad de la marca mientras evalúa las rutas de cotización y avanza el trabajo legal y de divulgación requerido con asesoría externa.
Luminar Media Group (OTC:LRGR)은 2025년 11월 20일 Nasdaq Stock Market에서 티커 기호 FRTU를 예약했고 외부 증권 자문으로 Zarif Law Group을 고용했다고 발표했다. 이 예약은 자본시장 대안 평가의 일부로, 잠재적인 국내 상장 포함이다. 경영진은 향후 상장 결정에 필요한 공시 및 거버넌스, 재무보고의 리드타임과 준수 프로세스를 공기업 표준에 맞게 구축하고 있다고 밝혔다.
회사는 티커 예약을 브랜드 연속성을 보존하는 이정표로 설명하며, 상장 경로를 평가하고 외부 자문과의 법률 및 공시 작업을 진행한다.
Luminar Media Group (OTC:LRGR) a annoncé avoir réservé le symbole de ticker FRTU auprès du Nasdaq Stock Market et avoir engagé Zarif Law Group comme conseil en valeurs mobilières le 20 novembre 2025. Cette réservation fait partie de l'évaluation par Luminar des alternatives du marché des capitaux, y compris une éventuelle cotation sur une bourse nationale. La direction a déclaré que l'entreprise met en place une gouvernance, un rythme de reporting financier et des processus de conformité conformes aux normes des sociétés cotées pour soutenir toute décision de cotation future.
L'entreprise a décrit la réservation du ticker comme une étape marquante qui préserve la continuité de la marque pendant qu'elle évalue les voies de cotation et fait avancer le travail légal et de divulgation requis avec des conseils externes.
Luminar Media Group (OTC:LRGR) hat bekannt gegeben, am 20. November 2025 das Tickersymbol FRTU bei der Nasdaq Stock Market reserviert zu haben und Zarif Law Group als Wertpapierberatung zu beauftragen. Die Reservierung ist Teil von Luminars Bewertung von Kapitalmarktalternativen, einschließlich einer möglichen Notierung an einer nationalen Börse. Das Management sagte, das Unternehmen baue Governance, den Cadence der Finanzberichterstattung und Compliance-Prozesse auf, die mit den Standards börsennotierter Unternehmen übereinstimmen, um jede künftige Börsennotierungsentscheidung zu unterstützen.
Das Unternehmen bezeichnete die Tickervorreservierung als Meilenstein, der Marken-Kontinuität wahrt, während es Listing-Pfade bewertet und die erforderliche Rechts- und Offenlegungarbeiten mit externen Beratern vorantreibt.
Luminar Media Group (OTC:LRGR) أعلنت أنها حجزت رمز التداول FRTU في Nasdaq Stock Market وتعيين Zarif Law Group كمستشار للأوراق المالية في 20 نوفمبر 2025. يشكل الحجز جزءاً من تقييم Luminar لخيارات سوق رأس المال، بما في ذلك إمكانية إدراج في بورصة وطنية. قال المديرون إن الشركة تبني حوكمة، وتدفقات تقارير مالية وتدابير امتثال تتوافق مع معايير الشركات العامة لدعم أي قرار إدراج مستقبلي.
وصفّت الشركة حجز الرمز كمعلم يحافظ على استمرارية العلامة التجارية أثناء تقييم مسارات الإدراج وتقدم الأعمال القانونية والإفصاحية المطلوبة مع استشاريين خارجيين.
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New Ticker Symbol reserved as the Company evaluates a potential national-exchange listing; Zarif Law Group engaged as securities counsel
MIAMI, FLORIDA / ACCESS Newswire / November 20, 2025 / Luminar Media Group, Inc. (OTC:LRGR) ("Luminar" or the "Company") today announced that, through its newly engaged securities counsel Zarif Law Group, it has reserved the ticker symbol "FRTU" with The Nasdaq Stock Market in connection with Luminar's ongoing evaluation of capital-markets alternatives, including a potential application to list on a national securities exchange.
"Locking in FRTU is an energizing milestone for our team and shareholders," said Yoel Damas, Chief Executive Officer of Luminar. "We're building the systems, governance, and financial reporting cadence consistent with public-company reporting and compliance standards, and this reservation keeps our brand and our roadmap moving forward. We're moving deliberately-and we're excited about what's ahead."
"We're proud to advise Luminar as it executes the legal, disclosure, and corporate-governance milestones required to pursue a listing on a national securities exchange," said Morris C. Zarif, Esq., Managing Partner of Zarif Law Group. "We've been impressed by the team's disciplined approach to meeting public-company compliance and reporting standards, and we're excited to be a strategic partner in their journey."
Luminar Media Group, Inc.
Luminar Media Group, Inc. (OTC:LRGR) is the parent company of the Fortun suite of businesses, including Fortun Advance LLC, Fortun Funding LLC, and Fortun Online LLC, providing revenue-based financing and related solutions to small and medium-sized businesses, supported by digital media and technology initiatives. For more information, please visit www.fortunco.com
About Zarif Law Group P.C.
Zarif Law Group P.C. is a corporate and securities law firm, headed by Managing Partner Morris C. Zarif, Esq., that partners with emerging and middle-market companies to navigate every stage of the public-company journey-from readiness to listing to life as a reporting issuer. The firm's core work includes uplist/IPO advisory, registrations and ongoing reporting, exchange listing and compliance, public-company governance, and M&A. Its attorneys have been involved in and lead numerous IPOs, up-listings, cross-listings, capital-markets transactions-including follow-on offerings, equity lines of credit (ELOCs), registered directs, PIPEs, at-the-market (ATM) programs, convertible and warrant financings, and debt offerings-representing issuers, underwriters/placement agents, and investors alike. Zarif Law Group guides clients through registration statement filings, exchange review and conditional approvals, and post-listing obligations, and builds practical governance frameworks-board composition and independence, committee charters, codes and policies, disclosure controls, Reg FD practices, and insider-trading compliance-aligned with Nasdaq and NYSE standards. With clients across technology, fintech, healthcare, media, and consumer sectors, the firm brings deep deal experience and day-to-day reporting savvy to help management teams execute strategy while staying compliant.
NO ASSURANCE OF LISTING
Reservation of a ticker symbol is an administrative action only and does not constitute, reflect, or imply any determination by any national securities exchange regarding the Company's eligibility for, or approval of, any listing application. Any potential listing of the Company's securities on a national securities exchange remains subject to the Company's satisfaction of all applicable quantitative and qualitative listing standards, completion of required regulatory and corporate actions (which may include registration and reporting obligations under Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934, as amended), and prevailing market conditions. There can be no assurance that an application will be made, accepted, or approved, or that any listing will occur.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terms such as "may," "should," "could," "would," "will," "expect," "anticipate," "intend," "plan," "believe," "estimate," "continue," "potential," and similar expressions.
Forward-looking statements in this press release include, without limitation, statements regarding the Company's intention to pursue the listing of its common stock on a national securities exchange and related application milestones (including symbol reservation and any potential name/ticker changes)..
These forward-looking statements are based on a number of assumptions, including that: (a) the Company will be able to satisfy applicable quantitative and qualitative listing standards; (b) the Company will timely complete any required submissions and obtain any necessary corporate or regulatory approvals; (c) market, economic, and industry conditions remain consistent with management's current expectations; and (d) exchange, transfer agent, and other market infrastructure processes occur without unexpected delay.
Actual results could differ materially from those anticipated due to risks and uncertainties, including, among others: the Company's ability to meet exchange listing standards (including minimum bid price, shareholder distribution, market maker, equity, and corporate governance requirements); the timing and outcome of any exchange review; changes in financial, market, economic, competitive, or regulatory conditions; and operational or logistical factors that are difficult to predict or beyond the Company's control.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements as a result of new information, future events, or otherwise.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful.
Investor & Media Contact
Robert Rico
Investor Relations
Luminar Media Group, Inc.
Tel: 305-283-9237
Email: Robert@FortunCo.com
SOURCE: Luminar Media Group, Inc.
View the original press release on ACCESS Newswire
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