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Luminar Technologies Inc. is initiating a tender offer to buy back its Floating Rate Senior Secured Notes due 2028, utilizing $89.4 million from the sale of Luminar Semiconductor Inc. The offer will purchase notes at 103% of their principal amount plus accrued interest, as required under the notes' indenture due to excess proceeds exceeding $3.5 million. The offer expires on March 9, 2026, and will be executed on a pro rata basis if total tendered notes exceed the offer amount.