Luminar Media Group Engages PCAOB Auditor Turner Stone to Strengthen Financial Integrity and Support Uplist Readiness

September 15th, 2025 1:00 PM
By: Newsworthy Staff

Luminar Media Group's appointment of PCAOB-registered auditor Turner Stone reinforces financial transparency and compliance as the company scales its Fortun revenue-based financing platform and prepares for potential uplisting initiatives.

Luminar Media Group Engages PCAOB Auditor Turner Stone to Strengthen Financial Integrity and Support Uplist Readiness

Luminar Media Group, Inc. has retained Turner, Stone & Company, LLP as its independent auditing firm, marking a significant step in strengthening financial integrity and transparency. The engagement of this PCAOB-registered firm demonstrates Luminar's commitment to maintaining the highest standards of compliance as the company executes its growth strategy and advances toward uplisting readiness. Turner Stone brings decades of experience serving growth-oriented public companies, providing comprehensive audit, tax, and advisory services that will support Luminar's operational and capital markets objectives.

Yoel Damas, Chairman of the Board of Luminar Media Group, emphasized the strategic importance of this appointment, stating that the choice of auditor underscores the company's dedication to best practices, accurate reporting, and building long-term shareholder trust. The timing of this engagement is particularly crucial as Luminar focuses on scaling its Fortun subsidiaries, which provide revenue-based financing solutions to small and medium-sized businesses across the United States and Puerto Rico. This move positions Luminar to become a leading force in alternative finance and fintech innovation while ensuring robust financial oversight.

The appointment of Turner Stone represents a strategic milestone in Luminar's long-term vision, providing the technical expertise and client-focused approach necessary for navigating complex regulatory requirements. As a member of the American Institute of Certified Public Accountants and its Audit Quality Centers, Turner Stone brings the credibility and experience needed to support Luminar's growth trajectory. This development matters because it signals Luminar's serious commitment to financial transparency and corporate governance, which are essential for investor confidence and potential market uplisting. The implications extend beyond immediate compliance, potentially enhancing the company's ability to attract capital and expand its market presence in the competitive fintech landscape.

Source Statement

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