Aeva Technologies, Inc. Redeemable Warrants, each whole warrant exercisable for shares of common stock at an exercise price of $11.50 per share

Luminar Technologies, a lidar producer, has faced challenges since its public debut, including overpromising and underdelivering. However, with the growing autonomous vehicle market and its unique technology, it could be a contrarian play for the next three years, though its high valuation and lack of profitability remain concerns.

Related tickers: LAZR, AEVA, AEVA.WS.

Luminar Technologies, a lidar developer, went public through a SPAC merger in 2017 but has since struggled with overpromising and underdelivering. While the company has strong partnerships and growth potential, it faces competition and profitability challenges. The article suggests Luminar could be an interesting turnaround play, but investors should be cautious due to its speculative nature.

Related tickers: LAZR, CPTN, CPTNW, AEVA, AEVA.WS.