

Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized.

Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. (Luminar) completed its previously announced private offering of 600.0 million aggregate principal amount of its 1. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. On December 17, 2021, Luminar Technologies, Inc. Backtested performance is developed with the benefit of hindsight and has inherent limitations. THE LUMINAR TEAM Founded Luminar in 2012 at the age of 16. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. On average, analysts rate LAZR stock stock as a buy. The lowest target is 4.50 and the highest is 20. Changes in these assumptions may have a material impact on the backtested returns presented. According to 8 stock analysts, the average 12-month stock price forecast for LAZR stock stock is 11.44, which predicts an increase of 114.63. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. After raising its revenue guidance the prior quarter, Luminar is maintaining its full-year 2021 guidance of 30 to 33 million. (Luminar) announced the pricing of 550.0 million aggregate principal amount of its 1. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. On December 14, 2021, Luminar Technologies, Inc. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
