Company: LIDRW
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0000947871-25-000783
Chunk: 13

Company: AEye, Inc.
Filing Date: 2025-08-15
Form: 424B3
Chunk 13
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 Stock, convertible securities
or other equity securities including warrants in one or more transactions, at prices and in a manner we determine from time to time. We
may sell shares or other securities in any other offering at a price per share that is less than the price per share paid by investors
purchasing shares or other securities in the future could have rights superior to existing stockholders. The price per share at which
we sell additional shares of our Common Stock, or securities convertible or exchangeable into our Common Stock, in future transactions
may be higher or lower than the price per share paid by investors purchasing our Common Stock. Any sales of additional shares will dilute
our stockholders. In addition, the sale of substantial amounts of our Common Stock could adversely impact its price.

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<div align='center'>USE OF PROCEEDS</div>

This prospectus relates to shares of our Common Stock
that may be offered and sold from time to time by the Selling Stockholder. All of the Common Stock offered by the Selling Stockholder
pursuant to this prospectus will be sold by the Selling Stockholder for its own account. We will not receive any of the proceeds from
these sales. However, we may receive proceeds from the exercise of the Warrant, if any portion of the Warrant is exercised in cash. See
“Plan of Distribution” elsewhere in this prospectus for more information.

We expect to use any proceeds that we receive from
the exercise of the Warrant, if any, for working capital and general corporate purposes to support our future growth, including further
go-to-market enhancements of our Apollo product.

The Selling Stockholder will pay any underwriting
commissions and discounts, and expenses incurred by the Selling Stockholder for brokerage, marketing costs, or legal services (other than
those described herein). We will bear the costs, fees and expenses incurred in effecting the registration of the securities covered by
this prospectus, including all registration and filing fees, securities or blue sky law compliance fees, Nasdaq listing fees and expenses
of our counsel and our independent registered public accounting firm.

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<div align='center'>SELLING STOCKHOLDER</div>

This prospectus relates to the possible resale from
time to time by the Selling Stockholder of any or all of the shares of Common Stock that may be issued by us to the Selling Stockholder
under the Warrant. For additional information regarding the Warrant and the related transaction, see the section entitled “Pros