Company: LIDRW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0000947871-25-000056
Chunk: 23

Company: AEye, Inc.
Filing Date: 2025-01-16
Form: S-1
Chunk 23
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 number of shares in the second column reflects these
limitations. The Selling Stockholders may sell all, some, or none of their shares in this offering. See “Plan of Distribution.”

| Name of Selling Stockholders(1)   |     | Number of Shares                   
 of Common Stock Beneficially Owned 
 Prior to Offering(2)               |     | Percentage               
 of Common                
 Stock Beneficially Owned 
 Prior to                 
 Offering                 
 (3)                      | Maximum Number of      
 Shares of Common Stock 
 to be Sold             
 Pursuant to this       
 Prospectus             |     | Number of Shares of                   
 Common Stock                          
 Beneficially Owned After Offering (5) |     | Percentage               
 of Common                
 Stock Beneficially Owned 
 After                    
 Offering                 
 (4) (5)                  |
| 3i, LP(6)                         |     | 832,357(7)                         |     | 4.99%                    | 3,703,571(8)           |     | 58,333(5)                             |     | *                        |
| Dowslake Microsystems Corporation |     | 330,823(9)                         |     | 2.04%                    | 1,650,139(10)          |     | 0(5)                                  |     | *                        |

*Less than 1%

| 19 |

| (1) | Information concerning named Selling Stockholders or future transferees, pledgees, assignees, distributees, donees or successors-in-interest of or from any such stockholder or others who later hold any Selling Stockholders’ interests will be set forth in supplements to this prospectus, absent circumstances indicating that the change is material. In addition, post-effective amendments to the registration statement of which this prospectus forms a part will be filed to disclose any material changes to the plan of distribution from the description in the final prospectus.                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (2) | Based on their respective ownership of shares of Common Stock as of January 14, 2025, assuming conversion or exercise of the Securities held by each such Selling Stockholder on that date but taking account of any limitations on conversion and exercise set forth therein.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| (3) | Beneficial ownership is determined in accordance with the rules and regulations of the SEC. In computing the number of shares beneficially owned by a person and the percentage ownership of that person, securities that are currently convertible or exercisable into shares of our