HOUSTON–(Business enterprise WIRE)–Sep 3, 2020–
Graf Industrial Corp. (“GRAF”) (NYSE: GRAF, GRAF.U, GRAF WS), a unique goal acquisition business, introduced now that Velodyne Lidar, Inc. (“Velodyne” or the “Business”), with which GRAF expects to consummate its previously declared business mix, will show up at Citi’s 2020 World Technological innovation Digital Meeting which will be held on September 8-10, 2020. Velodyne is scheduled to participate in a fireplace chat at 10:45 a.m. EDT on Thursday, September 10. Attending from Velodyne are CEO Anand Gopalan and CFO Drew Hamer, together with James Graf, Founder and CEO of GRAF. The presentation for these kinds of conferences is out there and posted on the Velodyne site at https://s24.q4cdn.com/384053642/information/doc—downloads/2020/09/01/v2/GRAF—Velodyne-—Q2-2020-Update-Presentation.pdf
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About Graf Industrial Corp.
Graf Industrial Corp. is a special reason acquisition business fashioned for the purpose of effecting a merger, share exchange, asset acquisition, share acquire, reorganization or similar enterprise mix. GRAF began trading on the NYSE in October 2018 and its popular stock, models and warrants trade less than the ticker symbols GRAF, GRAF.U and GRAF WS, respectively. GRAF’s web-site is www.grafacq.com.
About Velodyne Lidar, Inc.
Velodyne Lidar is a world-wide leader in lidar know-how supplying authentic-time 3D eyesight for autonomous methods thus empowering the autonomous revolution by letting equipment to see their surroundings. Its lidar-centered smart eyesight options are nicely identified in the automotive business, but also deployed in numerous nonautomotive apps, this kind of as previous-mile supply, autonomous cellular robots, unmanned aerial autos (UAVs), highly developed security techniques, and clever metropolis initiatives. Velodyne’s web-site is www.velodyne.com.
Forward Hunting Statements
Particular statements designed in this launch are “ahead hunting statements” in the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When utilised in this push launch, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “options,” “intends,” “thinks,” “seeks,” “might,” “will,” “ought to,” “long term,” “suggest” and versions of these words or very similar expressions (or the detrimental variations of these types of terms or expressions) are meant to recognize ahead-searching statements. These ahead-searching statements are not assures of potential overall performance, circumstances or effects and involve a selection of recognised and unknown hazards, uncertainties, assumptions and other critical components, many of which are outdoors GRAF’s or Velodyne’s manage, that could result in precise benefits or results to differ materially from people discussed in the forward-hunting statements. Essential things, among the many others, that might impact actual benefits or results involve the incapacity to finish the proposed small business mix or the Extension the incapability to understand the predicted positive aspects of the proposed small business combination the inability to fulfill the NYSE’s listing standards costs related to the small business combination Velodyne’s potential to take care of development Velodyne’s skill to execute its organization system the timing of revenues from existing prospects, together with uncertainties linked to the skill of Velodyne’s prospects to commercialize their products and solutions and the top industry acceptance of these products and solutions the uncertain impression of the COVID-19 pandemic on Velodyne’s and its customers’ organizations uncertainties connected to Velodyne’s estimates of the dimension of the markets for its goods the charge and diploma of sector acceptance of Velodyne’s products and solutions the good results of other competing lidar and sensor-similar products and solutions and providers that exist or might turn out to be readily available Velodyne’s capability to determine and integrate acquisitions mounting charges adversely impacting Velodyne’s profitability uncertainties relevant to Velodyne’s present-day litigation and opportunity litigation involving GRAF or Velodyne or the validity or enforceability of Velodyne’s intellectual residence and standard financial and market ailments impacting demand from customers for Velodyne’s products and solutions. Other elements involve the risk that the proposed enterprise mixture does not near, including thanks to the failure to acquire needed protection holder approvals, or the failure of other closing circumstances. Neither GRAF nor Velodyne undertakes any obligation to update or revise any forward-searching statements, no matter if as a result of new information and facts, foreseeable future situations or normally, other than as demanded by regulation.
This release shall neither constitute an offer to promote or the solicitation of an supply to acquire any securities, nor shall there be any sale of securities in any jurisdiction in which the provide, solicitation or sale would be unlawful prior to the registration or qualification beneath the securities guidelines of any this sort of jurisdiction.
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Call: Graf Industrial Corp.
Main Government Officer
firstname.lastname@example.org Velodyne Lidar, Inc.
Main Monetary Officer
Key word: UNITED STATES NORTH The usa CALIFORNIA TEXAS
Business Key phrase: Software Components AUTOMOTIVE ENGINEERING OTHER AUTOMOTIVE Technological know-how AUTOMOTIVE Producing Producing
Supply: Graf Industrial Corp.
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PUB: 09/03/2020 08:25 AM/DISC: 09/03/2020 08:25 AM
Copyright Company Wire 2020.