Company: LIDRW
Filing Date: 2025-05-12
Form Type: POS AM
Source: 0000947871-25-000486
Chunk: 37

Company: AEye, Inc.
Filing Date: 2025-05-12
Form: POS AM
Chunk 37
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 may in the future
acquire from us pursuant to the Purchase Agreement. Such sales will be made at prices and at terms then prevailing or at prices related
to the then current market price. Each such registered broker-dealer may be deemed an underwriter within the meaning of Section 2(a)(11)
of the Securities Act. New Circle has informed us that each such broker-dealer will receive commissions from New Circle that will not
exceed customary brokerage commissions.

Brokers, dealers, underwriters or agents participating
in the distribution of the shares of our Common Stock offered by this prospectus may receive compensation in the form of commissions,
discounts, or concessions from the purchasers, for whom the broker-dealers may act as agent, of the shares sold by the Selling Stockholder
through this prospectus. The compensation paid to any such particular broker-dealer by any such purchasers of shares of our Common Stock
sold by the Selling Stockholder may be less than or in excess of customary commissions. Neither we nor the Selling Stockholder can presently
estimate the amount of compensation that any agent will receive from any purchasers of shares of our Common Stock sold by the Selling
Stockholder.

We know of no existing arrangements between the Selling
Stockholder or any other stockholder, broker, dealer, underwriter or agent relating to the sale or distribution of the shares of our Common
Stock offered by this prospectus.

We may from time to time file with the SEC one or
more supplements to this prospectus or amendments to the registration statement of which this prospectus forms a part to amend, supplement
or update information contained in this prospectus, including, if and when required under the Securities Act, to disclose certain information
relating to a particular sale of shares offered by this prospectus by the Selling Stockholder, including the names of any brokers, dealers,
underwriters or agents participating in the distribution of such shares by the Selling Stockholder, any compensation paid by the Selling
Stockholder to any such brokers, dealers, underwriters or agents, and any other required information.

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We will pay the expenses incident to the registration
under the Securities Act of the offer and resale of the shares of our Common Stock covered by this prospectus by New Circle. As consideration
for its irrevocable commitment to purchase our Common Stock under the Purchase Agreement, we have issued to New Circle 225,563 shares
of our Common Stock as Commitment Shares. We also paid New Circle a structuring fee of $25