Luminar Media Group, Inc. has retained Turner, Stone & Company, LLP as its independent auditing firm, a move that underscores the company's commitment to financial integrity and compliance standards. The engagement of the PCAOB-registered firm comes as Luminar continues to expand its Fortun subsidiaries, which provide revenue-based financing solutions to small and medium-sized businesses across the United States and Puerto Rico.
Yoel Damas, Chairman of the Board of Luminar Media Group, stated that the selection of Turner Stone reflects the company's dedication to best practices and accurate financial reporting. This strategic appointment supports Luminar's growth strategy, including preparations for uplisting initiatives that would transition the company to a more senior exchange.
Turner Stone brings decades of experience serving public companies, with expertise in audit, tax, and advisory services. The firm's client-focused approach and technical capabilities will provide Luminar with robust support as the company advances both its operational objectives and capital markets goals. The auditing firm is registered with the Public Company Accounting Oversight Board and maintains memberships with several professional accounting organizations.
The appointment represents a significant milestone in Luminar's long-term vision of establishing itself as a leading force in alternative finance and fintech innovation. As the company scales its revenue-based financing platform, the enhanced auditing oversight through Turner Stone reinforces transparency and builds shareholder trust during this growth phase. The move demonstrates Luminar's proactive approach to financial governance as it positions itself for future market opportunities.
