Company: LIDRW
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0000947871-25-000783
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Company: AEye, Inc.
Filing Date: 2025-08-15
Form: 424B3
Chunk 1
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us. We will pay the expenses (except sales and brokerage commissions and similar expenses) incurred in registering under the Securities
Act of 1933, as amended, the offer and resale of the shares included in this prospectus, including legal and accounting fees. See “Plan of Distribution.”

We are an “emerging growth company” as defined in Section
2(a) of the Securities Act, and are subject to reduced public company reporting requirements. This prospectus complies with the requirements
that apply to an issuer that is an emerging growth company.

Our Common Stock is listed on The Nasdaq Stock Market
LLC (“Nasdaq”) under the symbols “LIDR”. On August 7, 2025, the closing price of our Common Stock was $2.84 per
share.

<div align='center'>________________________</div>

Our business and investment in our Common Stock involve significant risks. These risks are described in the section titled “ Risk Factors” beginning on page 11 of this prospectus.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is August 15, 2025.</div>

<div align='center'>TABLE OF CONTENTS</div>

| ABOUT THIS PROSPECTUS                                      |     |  3 |
| CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS |     |  4 |
| PROSPECTUS SUMMARY                                         |     |  7 |
| THE OFFERING                                               |     | 10 |
| RISK FACTORS                                               |     | 11 |
| USE OF PROCEEDS                                            |     | 12 |
| SELLING STOCKHOLDER                                        |     | 13 |
| DESCRIPTION OF CAPITAL STOCK                               |     | 14 |
| PLAN OF DISTRIBUTION                                       |     | 20 |
| LEGAL MATTERS                                              |     | 22 |
| EXPERTS                                                    |     | 22 |
| WHERE YOU CAN FIND MORE INFORMATION                        |     | 23 |
| Information Incorporated by Reference                      |     | 24 |

| 2 |

<div align='center'>ABOUT THIS PROSPECTUS</div>

This prospectus is part of a registration statement
that we filed with the U.S. Securities and Exchange Commission (“SEC”) using the “shelf” registration process.
Under the shelf registration