Velodyne says founder David Hall and wife Marta slash stake to about 10%


FILE PHOTO: A Velodyne Lidar unit is seen on Camello, an autonomous grocery delivery robot, in Singapore April 6, 2021. REUTERS/Edgar Su

(Reuters) - Sensor maker Velodyne Lidar Inc said on Monday founder David Hall and wife Marta Hall have cut their stake in the company to 10.1% from 42.9%.

David Hall also reported that he sold 45.8 million shares of Velodyne stock publicly, the company added.

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