Company: LIDRW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0000947871-25-000056
Chunk: 7

Company: AEye, Inc.
Filing Date: 2025-01-16
Form: S-1
Chunk 7
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statements speak only as of the date of this prospectus, any accompanying prospectus supplement and the documents incorporated by reference,
and are subject to a number of important factors that could cause actual results to differ materially from those in the forward-looking
statements, including the risks, uncertainties and assumptions described under the section in this prospectus titled “Risk Factors”
or discussed in greater detail in the documents incorporated by reference herein. These forward-looking statements are subject to numerous
risks, including, without limitation, the following:

| · | We are an early stage company with a history of losses and we expect to incur significant expenses and 
 continuing losses for at least the next several years.                                                 |

| · | We substantially rely on relationships with Tier 1 automotive suppliers and our business could be materially                                 
 and adversely affected if we cannot establish or maintain relationships with one or more Tier 1 partners, or if we, through our relationship 
 with various Tier 1 partners, are unable to obtain a sufficient number of design wins and successfully enter into definitive agreements      
 or other commercial arrangements with automotive OEMs with respect to such design wins.                                                      |

| · | We will need to raise additional capital in order to execute our business plan and to respond to changing 
 market conditions, which additional capital may not be available on terms acceptable to us, or at all.    |

| · | If our deterministic artificial intelligence-driven sensing system is not selected for inclusion in advanced                           
 driver-assistance systems, or ADAS, by any automotive OEMs or their suppliers, our business will be materially and adversely affected. |

| · | We heavily rely on third-party suppliers and because some of the raw materials and key components in our                                     
 products come from limited or single source suppliers, our ability to control the costs of such components and raw materials is uncertain;   
 moreover, regardless of cost, we are susceptible to supply shortages, longer than anticipated lead times for components, and supply changes, 
 any of which could disrupt our supply chain, could delay deliveries of our products to customers, and could negatively impact the adoption   
 of our products and accordingly, our financial condition and operating results.                                                              |

| · | Although we believe that lidar is an essential technology for autonomous vehicles and other emerging applications,                     
 market adoption of lidar is uncertain. If market adoption of lidar does not continue to develop, or adoption is deferred, or otherwise 
 develops more slowly than we expect, our business will be adversely affected.                                                          |

| 7 |

| · | The complexity of our