Luminar Technologies (LAZR) investors wiped out as reporting group now shows 0% stake
Rhea-AI Filing Summary
Luminar Technologies, Inc. is reported here by a group of Susquehanna-affiliated entities and Capital Ventures International on an amended Schedule 13G. The filing states that, pursuant to the company’s confirmed Fourth Amended Chapter 11 Plan of Liquidation, all equity interests outstanding prior to April 6, 2026 were cancelled without consideration and have no value.
As a result, the reporting persons collectively report 0 Shares beneficially owned, with 0.0% of the Class A Common Stock and no sole or shared voting or dispositive power. The filing also confirms that the group now owns 5% or less of the class.
Positive
- None.
Negative
- All pre-April 6, 2026 equity interests cancelled with no value under Luminar’s confirmed Fourth Amended Chapter 11 Plan of Liquidation, meaning prior Class A Common Stock holdings reported by this group are now reduced to zero.
Key Figures
Percent of Class Owned: 0.0%
Shares Beneficially Owned: 0
CUSIP: 550424303
+2 more
5 metrics
Percent of Class Owned
0.0%
Reported ownership of Luminar Class A Common Stock by the group
Shares Beneficially Owned
0
Amount beneficially owned in Row 9 for each reporting person
CUSIP
550424303
CUSIP for Luminar Class A Common Stock
Plan reference date
April 6, 2026
Date before which all equity interests were cancelled
Filing signature date
08/14/2026
Date the Schedule 13G/A was signed by authorized signatories
Key Terms
beneficial ownership, Chapter 11 Plan of Liquidation, dispositive power, CUSIP, +1 more
5 terms
beneficial ownership financial
"Accordingly, the Reporting Persons no longer beneficially own any Shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Chapter 11 Plan of Liquidation regulatory
"pursuant to the Company's confirmed Fourth Amended Chapter 11 Plan of Liquidation"
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
CUSIP financial
"CUSIP No.: 550424303"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
Schedule 13G regulatory
"This statement is filed by the entities listed below, who are collectively referred to herein as "Reporting Persons""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
Why did the reporting group’s ownership in Luminar Technologies (LAZR) fall to 0.0%?
Their ownership fell to 0.0% because Luminar’s Chapter 11 Plan of Liquidation provided that all equity interests outstanding prior to April 6, 2026 were cancelled without consideration and now have no value, eliminating previously held shares.
Which entities are included as reporting persons in this Luminar (LAZR) Schedule 13G/A?
Reporting persons include Capital Ventures International, Susquehanna Advisors Group, Inc., G1 Execution Services, LLC, SIG Brokerage, LP, Susquehanna Portfolio Strategies, LLC, and Susquehanna Securities, LLC, which may be deemed a group for this holding.
What does "ownership of 5 percent or less of a class" signify in this Luminar (LAZR) filing?
It signifies that the reporting group now holds 5 percent or less of Luminar’s Class A Common Stock. In this case, the filing specifies a 0.0% ownership, confirming they no longer have a reportable equity stake.
What corporate action by Luminar Technologies (LAZR) is referenced in this Schedule 13G/A?
The filing references Luminar’s Fourth Amended Chapter 11 Plan of Liquidation, under which the company’s Form 8-K disclosed that all pre–April 6, 2026 equity interests were cancelled without consideration and now have no value.
AI-generated analysis. How Rhea-AI works. Not financial advice.