Cepton, Inc. Common Stock

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.

Halper Sadeh LLC is investigating potential violations of federal securities laws and/or breaches of fiduciary duties to shareholders related to the proposed sales or mergers of Profire Energy, Cepton, GlycoMimetics, and ARC Document Solutions.

Related tickers: PFIE, CPTN, CPTNW, GLYC, ARC.