Company: LIDRW
Filing Date: 2025-04-03
Form Type: S-8
Source: 0000947871-25-000356
Chunk: 2

Company: AEye, Inc.
Filing Date: 2025-04-03
Form: S-8
Chunk 2
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Commission”) on June 18, 2024, June 9, 2023, March 22, 2023, May 19,
2022 and October 29, 2021.

The number of shares of Common Stock
available for issuance under the 2022 ESPP is subject to an annual increase on the first day of each fiscal year during the period specified
therein equal to the lesser of (i) one percent (1%) of the number of shares of Common Stock issued and outstanding calculated on a fully-diluted
basis on the immediately preceding December 31 or (ii) such lesser number of shares as the administrator of the 2022 ESPP shall approve
(the “2022 ESPP Evergreen Provision”). Pursuant to the 2022 ESPP Evergreen Provision, the Compensation Committee of the Board,
as the 2022 ESPP administrator, has approved an increase in the number of shares of Common Stock available for issuance under the 2022
ESPP by 135,341 shares for fiscal year 2025, effective January 1, 2025. The additional shares available for issuance under the 2022 ESPP
are of the same class as other securities relating to the 2022 ESPP for which the Registrant has filed registration statements with the
Commission on Form S-8 (Registration Nos. 333-280309, 333-270731 and 333-265064) on June 18, 2024, March 22, 2023 and May 19, 2022.

The contents of the Registrant’s
Registration Statements on Form S-8 (File Nos. 333-280309, 333-272570, 333-270731, 333-265064 and 333-260601) filed with the Commission
on June 18, 2024, June 9, 2023, March 22, 2023, May 19, 2022 and October 29, 2021 relating to the 2021 EIP and the 2022 ESPP are incorporated
by reference into this Registration Statement, except to the extent supplemented, amended or superseded by the information set forth herein.

<div align='center'>PART I

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</div>

Information required by Part I to
be contained in the Section 10(a) prospectus is omitted from this Registration Statement in accordance with Rule