Luminar Technologies, Inc./DE (LAZR) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: November 13, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 113.72% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
69M
Potential Supply
0
Additional shares possible
Splits
1 Split 1 Reverse
Past 2 years

Summary

LAZR currently has 69.3M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 113.72% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 13, 2025

10-Q filing | 69.3M shares outstanding

69M 0
Aug 22, 2025

S-3/A filing: This is an S-3/A filing describing the terms of the company's Series A convertible preferred stock and Class A common stock.

64M 0
Aug 13, 2025

10-Q filing | 63.9M shares outstanding

64M 0
Jul 29, 2025

S-3 filing: The filing is an S-3 registration statement for the potential offering of Series A convertible preferred stock and the Class A common stock issuable upon conversion of the Series A convertible preferred stock.

42M 0
May 23, 2025

8-K filing: Luminar Technologies, Inc. exchanged $6.2 million of Convertible Senior Notes for 1,098,931 shares of Class A Common Stock and repurchased $43.8 million of Notes for $30.2 million in cash on May 23, 2025.

42M 0
May 22, 2025

8-K filing: Luminar Technologies, Inc. closed an offering of 35,000 shares of Series A Preferred Stock for net proceeds of $33.6 million and issued 505,051 shares of Class A common stock as a commitment fee. ($33.6M proceeds)

42M 0
May 21, 2025

8-K filing: Luminar Technologies, Inc. entered into a securities purchase agreement to issue and sell up to 200,000 shares of Series A Convertible Preferred Stock and issue shares of Class A common stock as a commitment fee. ($33.6M proceeds)

42M 0
May 20, 2025

10-Q filing | 42.1M shares outstanding

42M 0
Apr 01, 2025

POS AM filing: This is a POS AM filing registering an indeterminate amount of Class A Common Stock, preferred stock, debt securities, warrants and/or units with an aggregate initial offering price not to exceed $100,000,000, as well as 1,000,000 shares of Class A Common Stock to be sold pursuant to a prospectus.

38M 0
Mar 28, 2025

10-K filing | 37.5M shares outstanding

38M 0
Nov 20, 2024
Stock Split

8-K filing: Stock split 1-for-15 | Outstanding: 402,353,009 → 26,823,533

27M 0
Nov 18, 2024

10-Q filing | 402.4M shares outstanding

400M 0
Aug 08, 2024

10-Q filing | 396.7M shares outstanding

400M 0
May 10, 2024

10-Q filing | 348.5M shares outstanding

350M 0
Feb 28, 2024

10-K filing | 324.8M shares outstanding

320M 0
Nov 13, 2023

8-K filing: Luminar Technologies, Inc. issued shares of Class A common stock to various vendors in payment for services rendered or to be rendered under contractual arrangements.

300M 0
Nov 09, 2023

10-Q filing | 304.9M shares outstanding

300M 0
Aug 09, 2023

S-3/A filing: This S-3/A filing relates to the registration of Class A common stock offered by selling stockholders, with potential prospectus supplements for specific arrangements and compliance with state securities laws.

290M 0
Aug 08, 2023

10-Q filing | 293.3M shares outstanding

290M 0
May 15, 2023

8-K filing: Luminar Technologies, Inc. issued shares of Class A common stock to several vendors in payment for services rendered or to be rendered.

280M 0
May 10, 2023

10-Q filing | 280.6M shares outstanding

280M 0
Mar 01, 2023

S-3 filing: This S-3 filing relates to a shelf registration for the offering of Class A common stock by a selling stockholder.

270M 0
Feb 28, 2023

10-K filing | 272.2M shares outstanding

270M 0
Nov 04, 2022

10-Q filing | 265.7M shares outstanding

270M 0
Aug 09, 2022

10-Q filing | 260.8M shares outstanding

260M 0
Jun 06, 2022

8-K filing: Luminar Technologies, Inc. issued 3,000,000, 2,400,000 and 1,500,000 shares of Company Class A common stock to Celestica LLC, P3 USA, Inc. and Sinergix, LLC, respectively, in payment for services rendered or to be rendered under contractual arrangements with the Vendors.

250M 0
May 06, 2022

10-Q filing | 252.5M shares outstanding

250M 0
Mar 21, 2022

S-3 filing: This is an S-3 filing for a shelf registration of Class A common stock by selling stockholders.

250M 0
Mar 04, 2022

POS AM filing: This POS AM filing registers shares of Class A common stock for resale by selling stockholders, stemming from the Stock Purchase Agreement and the Engineering and Manufacturing Arrangement.

250M 0
Mar 04, 2022

POS AM filing: This prospectus relates to the offer and sale from time to time by the selling securityholders named in this prospectus of up to (A) 181,247,830 shares of our Class A common stock and (B) up to 6,666,666 Private Warrants.

250M 0
Mar 01, 2022

10-K filing | 252.3M shares outstanding

250M 0
Feb 01, 2022

S-3/A filing: The filing relates to the registration of Class A common stock offered by selling stockholders. There is no assurance that any selling stockholder will sell any or all of the shares.

260M 0
Jan 20, 2022

S-3 filing: This is an S-3 filing related to the potential sale of Class A common stock by selling stockholders. The company is not directly offering shares, but rather registering them for potential future sale by existing stockholders.

260M 0
Dec 23, 2021

8-K filing: Luminar Technologies, Inc. issued an additional $25.0 million aggregate principal amount of its 1.25% convertible senior notes due 2026, with net proceeds of approximately $24.4 million, potentially convertible into a maximum of 1,657,823 shares of Class A common stock.

260M 0
Dec 17, 2021

8-K filing: Luminar Technologies, Inc. completed a private offering of $600.0 million aggregate principal amount of its 1.25% convertible senior notes due 2026 and repurchased approximately 9.7 million shares of its Class A common stock at a purchase price of $15.08 per share. ($146.7M proceeds)

260M 0
Nov 15, 2021

10-Q filing | 260.0M shares outstanding

260M 0
Aug 13, 2021

10-Q filing | 247.6M shares outstanding

250M 0
Jul 16, 2021

S-1 filing: This is an S-1 filing for Class A common stock listed on the Nasdaq Global Select Market under the symbol "LAZR."

230M 0
May 21, 2021

POS AM filing: This POS AM filing relates to an offering of warrants exercisable for Class A Common Stock, with an exercise price of $11.50 per share.

230M 0
May 14, 2021

10-Q filing | 234.7M shares outstanding

230M 0
Apr 26, 2021

POS AM filing: This POS AM filing relates to the offering of shares of Class A Stock underlying warrants, with an exercise price of $11.50 per share.

230M 0
Apr 14, 2021

10-K filing | 234.6M shares outstanding

230M 27M
Jan 29, 2021

S-1/A filing: This S-1/A filing registers the offer and sale of up to 181,247,830 shares of Class A common stock, up to 19,999,975 shares of Class A common stock issuable upon exercise of warrants, up to 6,666,666 warrants and up to 13,333,309 shares of Class A Stock that are issuable upon the exercise of warrants.

40M 220M
Jan 13, 2021

S-1/A filing: This is an S-1/A filing. The document discusses the determination of offering price for warrants, market information for Class A stock, and dividend policy. It mentions Public Warrants listed on Nasdaq and Private Warrants not intended to be listed.

40M 0
Dec 23, 2020

S-1 filing: This is an S-1 filing related to Luminar Technologies, focusing on market information for Class A stock and warrants. The offering price of Class A stock underlying the warrants is determined by the warrant exercise price of $11.50 per share. As of December 15, 2020, there were 103 holders of record of Class A Stock and four holders of record of Warrants.

40M 0
Nov 06, 2020

10-Q filing | 40.0M shares outstanding

40M 0
Aug 06, 2020

10-Q filing | 40.0M shares outstanding

40M 0
May 08, 2020

10-Q filing | 40.0M shares outstanding

40M 0
Mar 13, 2020

10-K filing | 40.0M shares outstanding

40M 0
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