Company: LIDRW
Filing Date: 2025-05-07
Form Type: DFAN14A
Source: 0001999371-25-005652
Chunk: 0

Company: AEye, Inc.
Filing Date: 2025-05-07
Form: DFAN14A
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

(Rule 14a-101)

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant
to Section 14(a) of the Securities Exchange Act of 1934</div>

Filed by the Registrant ☐

Filed by a Party other than the Registrant ☒

Check the appropriate box:

| ☐ | Preliminary Proxy Statement |

| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |

| ☐ | Definitive Proxy Statement |

| ☐ | Definitive Additional Materials |

| ☒ | Soliciting Material Under § 240.14a-12 |

| AEye,                                                         
 Inc.                                                          |
| (Name of Registrant as Specified In Its Charter)              |
| Ransom P Wuller                                               
 Valerie J Wuller                                              
 Luis Dussan                                                   
 Pamela Bauer                                                  |
| (Name of Persons(s) Filing Proxy Statement, if other than the 
 Registrant)                                                   |

Payment of Filing Fee (Check all boxes that apply):

| ☒ | No fee required |

| ☐ | Fee paid previously with preliminary materials |

| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 
 14a-6(i)(1) and 0-11                                                           |

| ■ | Dear AEye, Inc. Shareholder: |

Please VOTE THE GREEN PROXY. If you have already voted the WHITE
Proxy, you can change your vote until May 14, 2025 at midnight.

In less than a week, AEye, Inc. will hold its annual shareholder
meeting (May 15, 2025) and you will decide the future of this Company.

Please don’t waste your vote on a management team and
entrenched board members who have abused your trust.

And they have abused your trust, as clearly demonstrated by the
following:

1) EXCESSIVE PAY

While AEye’s stock has collapsed, management and the board
have continued to pay themselves handsomely—without delivering results.

They’ve awarded themselves generous compensation packages with no
real performance requirements—while shareholders have borne the losses.

That’s not a reward for performance. That’s a reward for failure.

2) EXCESSIVE DILUTION TO FUND