Summary by Moomoo AI
Luminar Technologies, a company specializing in Autonomy Solutions, reported that two of its customers contributed significantly to its revenue, with one accounting for 30% and another for 16% for the nine months ending September 30, 2023. The majority of the company's long-lived assets are based in North America. In a recent development, Luminar Technologies received a deficiency notice from Nasdaq on October 15, 2024, due to the company's stock price falling below the minimum bid price requirement of $1.00 for 30 consecutive trading days. However, this notice does not immediately affect its listing on the Nasdaq Global Select Market. The company has been granted a 180-day period to regain compliance with the minimum bid price requirement and is exploring all available options to address this...Show More
