Company: LIDRW
Filing Date: 2025-03-04
Form Type: 424B3
Source: 0000947871-25-000265
Chunk: 24

Company: AEye, Inc.
Filing Date: 2025-03-04
Form: 424B3
Chunk 24
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 price of the Warrant exercised by the Selling Stockholders for cash. We will bear all fees and expenses incident
to our obligation to register the shares of Common Stock.

The Selling Stockholders may sell all or a portion
of the shares of Common Stock held by them and offered hereby from time to time directly or through one or more underwriters, broker-dealers
or agents. If the shares of Common Stock are sold through underwriters or broker-dealers, the Selling Stockholders will be responsible
for underwriting discounts or commissions or agent’s commissions. The shares of Common Stock may be sold in one or more transactions
at fixed prices, at prevailing market prices at the time of the sale, at varying prices determined at the time of sale or at negotiated
prices. These sales may be effected in transactions, which may involve crosses or block transactions, pursuant to one or more of the following
methods:

| · | on any national securities exchange or quotation service on which the securities may be listed or quoted 
 at the time of sale;                                                                                     |

| · | in the over-the-counter market; |

| · | in transactions otherwise than on these exchanges or systems or in the over-the-counter market; |

| · | through the writing or settlement of options, whether such options are listed on an options exchange or 
 otherwise;                                                                                              |

| · | ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers; |

| · | block trades in which the broker-dealer will attempt to sell the shares as agent but may position and 
 resell a portion of the block as principal to facilitate the transaction;                             |

| · | purchases by a broker-dealer as principal and resale by the broker-dealer for its account; |

| · | an exchange distribution in accordance with the rules of the applicable exchange; |

| · | privately negotiated transactions; |

| · | short sales made after the date the Registration Statement is declared effective by the SEC; |

| · | broker-dealers may agree with a selling security holder to sell a specified number of such shares at a 
 stipulated price per share;                                                                            |

| · | a combination of any such methods of sale; and |

| · | any other method permitted pursuant to applicable law. |

The Selling Stockholders may also sell shares of Common
Stock under Rule 144 promulgated under the Securities Act of 1933, as amended, if available, rather than under this prospectus. In addition,
the Selling Stockholders may transfer the shares of Common