Company: LIDRW
Filing Date: 2025-08-11
Form Type: S-3
Source: 0000947871-25-000731
Chunk: 3

Company: AEye, Inc.
Filing Date: 2025-08-11
Form: S-3
Chunk 3
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) 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 , 2025.</div>

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

| ABOUT THIS PROSPECTUS                                      |     |  4 |
| CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS |     |  5 |
| 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 |

<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 process, the Selling Stockholder may, from time to time, sell the securities offered by them described in
this prospectus. We are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of our
Common Stock by the Selling Stockholder, although we may receive proceeds from the exercise of the Warrant (as defined below), if any
portion of the