InvestorsHub Logo
Followers 6
Posts 949
Boards Moderated 0
Alias Born 08/06/2010

Re: None

Wednesday, 09/16/2020 7:20:25 PM

Wednesday, September 16, 2020 7:20:25 PM

Post# of 136

On September 14, 2020, Graf Industrial Corp. filed an 8-K under Item 3.01 and Item 7.01, and a copy of the disclosure therein is being filed herewith as soliciting material.

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On September 13, 2020, Graf Industrial Corp. (“Graf” or the “Company”), in connection with its proposed business combination with Velodyne Lidar, Inc. (the “Business Combination”) and acting pursuant to authorization from its Board of Directors, determined (i) to voluntarily withdraw the listing of Graf’s common stock, warrants, and units from the New York Stock Exchange (the “NYSE”), and (ii) to list the post-combination company’s common stock and warrants on The Nasdaq Stock Market LLC (“Nasdaq”), in each case subject to the closing of the Business Combination. Trading of the common stock and warrants of the post-combination company, Velodyne Lidar, Inc., is expected to begin on Nasdaq at market open on or about September 30, 2020 under the symbols “VLDR” and “VLDRW”, respectively. The last day of trading on the NYSE is expected to be on or about September 29, 2020.