Company: LIDRW
Filing Date: 2025-01-07
Form Type: 424B5
Source: 0000947871-25-000012
Chunk: 0

Company: AEye, Inc.
Filing Date: 2025-01-07
Form: 424B5
Chunk 0
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Filed Pursuant to Rule 424(b)(5)

Registration No. 333-274546

AMENDMENT NO. 1 DATED JANUARY 7, 2025

To Prospectus Supplements dated December 30, 2024 and September 13, 2024

(To Prospectus dated September 15, 2023)

<div align='center'>AEYE, INC.

Up to $8,533,600

Common Stock</div>

This Amendment No. 1 to
the Prospectus Supplements (the “Amendment”) amends and supplements the information in the prospectus, dated September 15,
2023 (the “Prospectus”), filed with the Securities and Exchange Commission as a part of our registration statement on Form
S-3 (File No. 333-274546) (the “Registration Statement”), as previously supplemented by our prospectus supplements, dated
September 13, 2024 and December 30, 2024 (collectively, the “Prospectus Supplements,” and together with the Prospectus, the
“Prior Prospectus”), relating to the offer and sale of shares of our common stock having an aggregate offering price of up
to $2,600,000 pursuant to the terms of At Market Issuance Sales Agreement, dated September 12, 2024 (the “Sales Agreement”),
with A.G.P./Alliance Global Partners (“A.G.P.”). This Amendment should be read in conjunction with the Prior Prospectus, and
is qualified by reference thereto, except to the extent that the information herein amends or supersedes the information contained in
the Prior Prospectus. This Amendment is not complete without, and may only be delivered or utilized in connection with, the Prior Prospectus
and any future amendments or supplements thereto.

We are filing this Amendment
to amend the Prior Prospectus to update the maximum amount of shares that we are eligible to sell under our Registration Statement pursuant
to the Sales Agreement under General Instruction I.B.6 of Form S-3. As a result of these limitations and the current public float of our
common stock, and in accordance with the terms of the Sales Agreement, we may offer and sell shares of our common stock having an aggregate
offering price of up to $8,533,600 from time to time through A.G.P. In the event that we may sell additional amounts under the Sales Agreement
in accordance with General Instruction I.B.6, we will