October 16, 2020

Velodyne to Register Underlying Shares to Facilitate Warrant Conversion

SAN JOSE, Calif.–(BUSINESS WIRE)–As previously disclosed, Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) (“Velodyne” or the “Company”), the global leader in lidar technology, must register shares of Company common stock to allow for warrant holders to convert warrants into shares of common stock within 30 days of the closing of its recent business combination with Graf Industrial Corp. (GRAF), which is the typical practice for transactions involving special purpose acquisition companies such as G

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