Curated News
By: NewsRamp Editorial Staff
September 15, 2025
Luminar Appoints Turner Stone as Auditor to Boost Financial Integrity
TLDR
- Luminar Media Group gains a competitive edge by hiring Turner Stone as auditor, enhancing financial credibility for uplisting and attracting investors.
- Luminar engaged PCAOB-registered Turner Stone to conduct audits, ensuring compliance and accurate financial reporting as part of uplist preparation.
- This move supports small businesses through Fortun's financing platform, fostering economic growth and entrepreneurial success nationwide.
- Turner Stone brings decades of expertise to audit Luminar's innovative revenue-based financing platform for SMEs.
Impact - Why it Matters
This news matters because it signals Luminar's commitment to financial transparency and regulatory compliance, which is crucial for investor confidence and market credibility. For small and medium-sized businesses relying on Fortun's revenue-based financing solutions, this move ensures the company's stability and long-term viability, potentially expanding access to capital. Additionally, as Luminar prepares for uplisting, robust auditing practices enhance its attractiveness to broader investors, fostering growth in the alternative finance sector and supporting economic development for entrepreneurs nationwide.
Summary
Luminar Media Group, Inc. (OTC: LRGR) has made a strategic move to strengthen its financial governance by appointing Turner, Stone & Company, LLP as its independent auditing firm. This decision, announced on September 15, 2025, reinforces the company's commitment to transparency and compliance as it scales its Fortun subsidiaries, which provide revenue-based financing solutions to small and medium-sized businesses across the United States and Puerto Rico. Turner Stone, a PCAOB-registered firm with decades of experience, brings deep technical expertise and a client-focused approach to support Luminar's growth objectives and uplisting initiatives.
According to Yoel Damas, Chairman of Luminar Media Group, this appointment underscores the company's dedication to best practices, accurate reporting, and building long-term shareholder trust. The engagement of Turner Stone is a critical milestone in Luminar's broader strategy to become a leading force in alternative finance and fintech innovation. As the company continues to expand its revenue-based financing platform, this partnership ensures robust financial integrity and positions Luminar for future capital markets opportunities. The original release can be viewed on www.newmediawire.com, providing further details on this significant development.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Luminar Appoints Turner Stone as Auditor to Boost Financial Integrity
