Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) announced that the Special Meeting of Stockholders ("Special Meeting") scheduled to be held today to approve the proposed merger with Ouster, Inc. (NYSE:OUST) and related matters was convened and adjourned without conducting any business. The Special Meeting will reconvene at 9:00 a.m. PT on February 10, 2023 and will be held virtually at https://www.virtualshareholdermeeting.com/VLDR2023SM. "Velodyne has adjourned its Special Meeting until next week to continue to solicit additional votes. Velodyne issued a joint press release with Ouster on February 1, which reflects achievement of guidance, Board designees, and strong financial position and co

98% of Votes in Favor of Proposed Merger; 1.3% of Outstanding Shares Required to Approve Merger Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) today announced that the Special Meeting of Stockholders ("Special Meeting") to approve the proposed merger with Ouster, Inc. (NYSE:OUST) and related matters was convened and adjourned without conducting any business. The Special Meeting will reconvene at 9:00 a.m. PT on February 3, 2023. According to Velodyne bylaws, 50% of shareholders must participate to reach the required quorum for the Special Meeting. In addition, more than 50% of outstanding shares must be voted in favor of the merger to pass the proposal. At this time, shareholders representin

Votes to Date Overwhelmingly in Favor of Merger; Votes Still Needed to Reach Required Minimum Quorum Two Leading Independent Proxy Advisory Firms Recommend "FOR" the Merger of Velodyne Lidar and Ouster, Recognizing the Strengths of the Combined Company Velodyne Lidar Board of Directors Recommends Stockholders Vote "FOR" the Proposed Merger Votes Need to be Cast by 11:59 PM (Eastern Time) on January 25, 2023 or In Person at the Special Meeting of Stockholders to be Held on January 26, 2023 Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) is urging stockholders to cast their votes in favor of the proposed merger with Ouster. As of January 23, 2023, over 97% of those voting have voted to approv

Craig Hallum upgraded Velodyne Lidar from Sell to Hold and set a new price target of $0.85 from $1.00 previously

Oppenheimer downgraded Velodyne Lidar from Outperform to Perform

JP Morgan initiated coverage of Velodyne Lidar with a rating of Underweight

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4 - Velodyne Lidar, Inc. (0001745317) (Issuer)

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EFFECT - Velodyne Lidar, Inc. (0001745317) (Filer)

Cohu, Inc. (NASDAQ:COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that Andreas ("Andy") W. Mattes has been appointed to the Cohu Board of Directors, effective November 1, 2022. Mr. Mattes will also serve on the Compensation Committee. Mr. Mattes brings to Cohu's Board of Directors extensive experience as a global technology CEO and business executive with more than 30 years of management experience. He most recently served as President and CEO of Coherent, Inc., where he operationally transformed the company and led its $6.6 billion acquisition by II-VI Incorporated in July 2022. Prior to Coherent, Mr. Matte

Former CFO of Micron and Lam Research Brings Extensive Experience in Operations, Finance and Technology to Velodyne Lidar's Board Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), today announced that its Board of Directors has appointed Ernest E. Maddock to the Board, effective January 13, 2022. Mr. Maddock has been appointed as a Class III director and a member of the Board's Audit Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220117005549/en/(Photo: Business Wire) Mr. Maddock is an operations, technology and corporate finance executive with over 35 years of leadership experience, including 10 as a public company CFO. F

Proven Executive Brings a Long Track Record and Decades of Experience Leading Innovative Businesses Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), the leading lidar company, known worldwide for its broad portfolio of breakthrough lidar technologies, today announced the appointment of Theodore "Ted" L. Tewksbury, Ph.D. as Chief Executive Officer, effective November 10, 2021. Dr. Tewksbury is a proven technology executive with more than 30 years of leadership experience across a series of public and private companies. Dr. Tewksbury most recently served as Chief Executive Officer of Eta Compute, a leading provider of ultra-low power AI vision systems. Prior to Eta Compute, he held several chie

Reported Q3 2022 billings of $12.5 million and revenue of $9.6 million Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), a leading lidar company known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its third quarter, which ended September 30, 2022. "We delivered another solid quarter, experiencing strong demand while making significant progress on initiatives to improve our gross margin and lower our cost structure," said Dr. Ted Tewksbury, CEO of Velodyne Lidar. "Our growing customer traction across multiple markets, as evidenced by the agreements we have recently announced, further validates Velodyne's position as a go-to supplier

Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), today announced that it will release its third quarter 2022 financial results for the period ended September 30, 2022 on Tuesday, November 8, 2022 after the market close. A conference call to discuss the results will take place at 1:30 p.m. PT/4:30 p.m. ET the same day. What: Velodyne Lidar Third Quarter 2022 Earnings Conference Call When: Tuesday, November 8, 2022 Time: 1:30 p.m. PT / 4:30 p.m. ET Live Call: 844-890-1797 or 412-317-5487 and ask to be joined into the Velodyne Lidar call Live Webcast: https://investors.velodynelidar.com/ An archived webcast of the conference call will be accessible on Velo

Acquisition Bolsters Velodyne's Lidar Solutions for Intelligent Infrastructure Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) today announced the company has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company whose next-generation, lidar-based solutions solve safety, traffic and infrastructure issues. The all-stock acquisition reinforces Velodyne's commitment to enabling customer success by delivering industry-leading, AI-powered autonomous vision solutions. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage. Bluecity's executive, software development and sales teams will join Velodyne. This press release features multimed

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