SCHEDULE: Susquehanna Group Boosts Luminar Stake to 7.8%

A group of Susquehanna-affiliated entities has disclosed a collective beneficial ownership of 7.8% in Luminar Technologies, Inc. Class A Common Stock.

Summary

• A group of seven affiliated entities, including Capital Ventures International and various Susquehanna firms, collectively reported beneficial ownership of 5,296,964 shares of Luminar Technologies, Inc. Class A Common Stock.
• This aggregate ownership represents 7.8% of the company's Class A Common Stock, based on 63,891,880 shares outstanding as of August 8, 2025.
• The shares beneficially owned by Capital Ventures International include shares issuable upon conversion of convertible notes.
• SIG Brokerage, LP's beneficial ownership includes options to buy shares.
• Susquehanna Securities, LLC's beneficial ownership includes options to buy 892,544 shares.
• The reporting persons disclaim beneficial ownership of shares owned directly by another reporting person within the group.
• The filing states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Luminar Technologies, Inc.

Sentiment

Score: 6

Explanation: The filing indicates a significant institutional stake, which is generally viewed as a positive sign of investor confidence, though it is purely an ownership disclosure without operational or financial performance details.

Positives

• The disclosure of a significant 7.8% stake by a sophisticated institutional group like Susquehanna may signal confidence in Luminar Technologies, Inc.'s future prospects.
• Increased institutional ownership can enhance market liquidity and potentially attract further investor interest.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Luminar Technologies, Inc. or the reporting persons regarding the company's future performance.

Industry Context

The increase in institutional ownership by a prominent financial group like Susquehanna could be interpreted as a positive signal within the autonomous vehicle technology and LiDAR sensor industry, indicating potential long-term value in Luminar Technologies, Inc.'s market position or technology.

Stakeholder Impact

• Shareholders may view the increased institutional ownership as a positive indicator of confidence in the company's value and prospects.
• The presence of a significant institutional investor group could potentially influence future corporate governance discussions, although the filing explicitly states no intent to change or influence control.

Key Dates

Keywords

Luminar Technologies, LAZR, Schedule 13G, Beneficial Ownership, Institutional Investor, Susquehanna, Capital Ventures International, Class A Common Stock, Convertible Notes, Options