Cepton, Inc. Reports Second Quarter 2024 Results
Cepton, Inc. (CPTN)
Company Research
Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced its business updates and financial results for the second quarter ended June 30, 2024.“We are in the final stage of RFQ with a Top 10 global automotive OEM for our long-range lidar, and we anticipate final decision in the second half of this year,” said Jun Pei, Cepton’s Co-Founder and CEO. “We are excited about the next stage of Cepton’s growth to better support our automotive OEM customers in the commercialization of our lidar technology.”Business HighlightsSigned an Agreement and Plan of Merger providing for the acquisition by Koito Manufacturing Co., Ltd. (“Koito”) on July 29, 2024 of all of the outstanding capital stock of Cepton not owned by Koito for $3.17 per share in an all-cash transaction . The transaction is expected to close in the first quarter of 2025, subject to approval of our stockholders representin
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News
- Cepton (NASDAQ:CPTN) Is In A Good Position To Deliver On Growth Plans [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CPTN, PETQ, IP, SQSP on Behalf of ShareholdersPR Newswire
- Cepton, Inc. (NASDAQ: CPTN) had its "hold" rating re-affirmed by analysts at Westpark Capital.MarketBeat
- The Commoditization Of Lidar Technology: Moving Beyond Specs [Forbes]Forbes
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates GABC, CBZ, RCM, CPTN on Behalf of ShareholdersGlobeNewswire
CPTN
Earnings
- 8/12/24 - Beat
CPTN
Sec Filings
- 9/25/24 - Form SC
- 9/25/24 - Form PREM14A
- 9/9/24 - Form DEFA14A
- CPTN's page on the SEC website