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The story behind the story

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Luminar, a lidar tech startup backed by Peter Thiel, Volvo, and GoPro's founder Nick Woodman, plans to go public via a $3.4B merger with a SPAC

- Gores Metropoulos said to agree on merger with Luminar  — Luminar investors to retain 80% of company after Gores deal

Bloomberg

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    Thiel-backed driverless car tech company Luminar is nearing a $3.4 billion merger with blank-check company Gores Metropoulos that will take it public https://www.bloomberg.com/...