Company: LIDRW
Filing Date: 2025-12-10
Form Type: 8-K
Source: 0000947871-25-001074
Chunk: 1

Company: AEye, Inc.
Filing Date: 2025-12-10
Form: 8-K
Item: Item 8.01
Chunk 1
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Item 8.01.      Other Events.  

To offset the loss of liquidity
associated with the Termination and achieve a net increase in overall liquidity by approximately $28 million, on December 10, 2025, the
Company filed Amendment No. 5 (“ Amendment No. 5”) to the Prospectus Supplements (as defined below) to increase the
maximum number of shares of the Company’s common stock (the “ Placement Shares”) issuable pursuant to the At Market Issuance
Sales Agreement between the Company and A. G. P./Alliance Global Partners, dated September 12, 2024 (the “ Sales Agreement”),
by $50.0 million, which is reflected on Amendment No. 5 as an aggregate offering price of up to $125.0 million of Placement Shares and
includes the shares of the Company’s common stock having an aggregate gross sales price of approximately $68.4 million that were
sold pursuant to the Prospectus Supplements to date.

The
issuance and sale of the PlacementShares by the Company under the Sales
Agreement will be made pursuant to the Company’s registration statement on Form S-3 (File No. 333-274546) filed with the
Securities and Exchange Commission on September 15, 2023, and declared effective on September 26, 2023, as supplemented and amended
by the prospectus supplements, dated as of September 13, 2024 and December 30, 2024 (the “ Prospectus Supplements”),
Amendments No. 1, No. 2, No. 3, and No. 4 to the Prospectus Supplements, dated as of January 7, 2025, January 23, 2025, July 25,
2025, and July 28, 2025, respectively, and Amendment No 5.

A
copy of the legal opinion of Allen Overy Shearman Sterling US LLP relating to the Placement Shares is filed as Exhibit 5.1 hereto.

This Current Report on Form 8-K shall not constitute
an offer to sell or a solicitation of an offer to buy any shares of common stock in any state or jurisdiction in which such an offer,
solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.