[8-K] Luminar Technologies, Inc./DE Reports Material Event

Rhea-AI Filing Summary

Luminar Technologies, Inc. reported that on November 14, 2025 it received notice from Volvo Car Corporation terminating, effective that same date, a Framework Purchase Agreement originally signed on March 23, 2020. Under this agreement, Luminar had been collaborating with Volvo and supplying hardware and software for integration into Volvo’s global consumer vehicle platform. Luminar has previously asserted a claim against Volvo for significant damages and has suspended further commitments of its Iris LiDAR products to Volvo while the dispute is ongoing. The company cautions that there is no assurance the dispute will be resolved favorably, that any litigation will be successful, or that it will recover damages from Volvo.

Insights

Automotive technology & customer concentration analyst

Termination of a key Volvo agreement introduces commercial and legal uncertainty for Luminar.

Luminar Technologies discloses that Volvo has terminated, effective November 14, 2025, a Framework Purchase Agreement dating back to March 23, 2020. That agreement supported collaboration and supply of Luminar’s LiDAR hardware and software for Volvo’s global consumer vehicle platform, so its termination removes a defined commercial framework with an established automotive partner.

The company notes it has already suspended further commitments of its Iris LiDAR products to Volvo and has made a claim for significant damages. Management explicitly warns there is no assurance the dispute will be resolved favorably, that any claim or litigation will succeed, or that damages will be recoverable. This language highlights legal and recovery risk without providing financial magnitude in this excerpt.

For investors, the key considerations are the loss of a material definitive agreement with a notable OEM and the uncertain outcome of Luminar’s damage claim. Future company communications and periodic reports will be important to understand any quantified financial impact from the end of this Volvo relationship and from the ongoing dispute.

Luminar Technologies, Inc./DE0001758057false00017580572025-11-142025-11-14

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 14, 2025

LUMINAR TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-38791

83-1804317

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

2603 Discovery Drive, Suite 100

Orlando, Florida 32826

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (800) 532-2417

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol

Name of each exchange on which registered

Class A Common Stock, par value of $0.0001 per share

LAZR

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.02 Termination of a Material Definitive Agreement

On November 14, 2025, Luminar Technologies, Inc. (“Luminar” or the “Company”) received a written notice from Volvo Car Corporation (“Volvo”) to terminate, effective November 14, 2025, that certain Framework Purchase Agreement, originally dated March 23, 2020, by and between the Company and Volvo, including any amendments, side letters and other written agreements or understandings referenced therein or related thereto (collectively, the “Agreement”). Pursuant to the Agreement, the Company has collaborated with and provided hardware and software for integration into Volvo’s global consumer vehicle platform.

As previously disclosed, the Company has made a claim against Volvo for significant damages and has suspended further commitments of Iris LiDAR products for Volvo pending resolution of the dispute. There can be no assurance that the dispute will be resolved favorably or at all. Furthermore, there can be no guarantee that any claim or litigation against Volvo will be successful or that the Company will be able to recover damages from Volvo.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			Luminar Technologies, Inc.
Date: November 17, 2025			By:			/s/ Alexander Fishkin
			Name:			Alexander Fishkin
			Title:			Chief Legal Officer