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Luminar Technologies: Luminar Technologies, Inc. - Reverse Split Option Symbol: LAZR New Symbol: LAZR1

Luminar Technologies: Luminar Technologies, Inc. - Reverse Split Option Symbol: LAZR New Symbol: LAZR1

Luminar Technologies:Luminar Technologies, Inc. - 反向拆股 選項 標的: LAZR 新 標的: LAZR1
OCC期權清算公司 ·  11/19 13:44

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Luminar Technologies, Inc. (LAZR) has announced a reverse stock split that will take effect before the market opens on November 21, 2024. The split will be at a ratio of 1-for-15, meaning that each Class A Common Share of LAZR will be converted into approximately 0.066667 new shares of the company. Following the reverse split, the option symbol for Luminar Technologies will change from LAZR to LAZR1. The company has stated that cash will be paid in lieu of fractional shares. The new CUSIP number for the post-split shares will be 550424303. The settlement of the LAZR component of the LAZR1 deliverable will be processed through the National Securities Clearing Corporation (NSCC), and the settlement of the cash portion will be delayed until the cash in lieu amount for fractional LAZR shares is determined. The Options Clearing Corporation (OCC) will require put exercisers and call assignees to deliver the appropriate cash amount once this is determined.
Luminar Technologies, Inc. (LAZR) has announced a reverse stock split that will take effect before the market opens on November 21, 2024. The split will be at a ratio of 1-for-15, meaning that each Class A Common Share of LAZR will be converted into approximately 0.066667 new shares of the company. Following the reverse split, the option symbol for Luminar Technologies will change from LAZR to LAZR1. The company has stated that cash will be paid in lieu of fractional shares. The new CUSIP number for the post-split shares will be 550424303. The settlement of the LAZR component of the LAZR1 deliverable will be processed through the National Securities Clearing Corporation (NSCC), and the settlement of the cash portion will be delayed until the cash in lieu amount for fractional LAZR shares is determined. The Options Clearing Corporation (OCC) will require put exercisers and call assignees to deliver the appropriate cash amount once this is determined.
luminar technologies, Inc. (LAZR) 宣佈將於 2024 年 11 月 21 日市場開盤前實施反向股票拆分。拆分比例爲 1:15,意味着每股 LAZR A 類普通股將轉換爲約 0.066667 股公司的新股票。反向拆分後,luminar technologies 的期權標的將從 LAZR 更改爲 LAZR1。公司已表示將以現金支付代替碎股。拆分後股票的新 CUSIP 號碼將爲 550424303。LAZR1 可交割的 LAZR 部分的結算將通過國家證券清算公司 (NSCC) 處理,現金部分的結算將被推遲,直至確定碎股 LAZR 的現金金額。期權清算公司 (OCC) 將要求看跌行使者和看漲受讓人交付適當的現金金額,一旦確定。
luminar technologies, Inc. (LAZR) 宣佈將於 2024 年 11 月 21 日市場開盤前實施反向股票拆分。拆分比例爲 1:15,意味着每股 LAZR A 類普通股將轉換爲約 0.066667 股公司的新股票。反向拆分後,luminar technologies 的期權標的將從 LAZR 更改爲 LAZR1。公司已表示將以現金支付代替碎股。拆分後股票的新 CUSIP 號碼將爲 550424303。LAZR1 可交割的 LAZR 部分的結算將通過國家證券清算公司 (NSCC) 處理,現金部分的結算將被推遲,直至確定碎股 LAZR 的現金金額。期權清算公司 (OCC) 將要求看跌行使者和看漲受讓人交付適當的現金金額,一旦確定。
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