Company: LIDRW
Filing Date: 2025-05-12
Form Type: POS AM
Source: 0000947871-25-000486
Chunk: 36

Company: AEye, Inc.
Filing Date: 2025-05-12
Form: POS AM
Chunk 36
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or enforcing a right to indemnification under the indemnification agreement.

| 21 |

<div align='center'>PLAN OF DISTRIBUTION</div>

We are registering the resale of up to 25,000,000
shares of Common Stock by New Circle. New Circle will pay all sales and brokerage commissions and similar expenses in connection with
the offer and resale of the Common Stock by New Circle pursuant to this prospectus. We will pay the expenses (except sales and brokerage
commissions and similar expenses) incurred in registering under the Securities Act the offer and resale of the shares included in this
prospectus by New Circle, including legal and accounting fees. Amounts are in thousands except share amounts and per share data below.

The shares of Common Stock covered by this prospectus
may be offered and sold from time to time by the Selling Stockholder. The Selling Stockholder will act independently of us in making decisions
with respect to the timing, manner and size of each sale. Such sales may be made on one or more exchanges or in the over-the-counter market
or otherwise, at prices and under terms then prevailing or at prices related to the then-current market price or in negotiated transactions.
The Selling Stockholder may sell their shares of Common Stock by one or more of, or a combination of, the following methods:

| · | ordinary brokers’ transactions; |

| · | transactions involving cross or block trades; |

| · | through brokers, dealers, or underwriters who may act solely as agents; |

| · | “at the market” into an existing market for the ordinary shares; |

| · | in other ways not involving market makers or established business markets, including direct sales to purchasers 
 or sales effected through agents;                                                                               |

| · | in privately negotiated transactions; or |

| · | any combination of the foregoing. |

In order to comply with the securities laws of certain
states, if applicable, the Common Stock may be sold only through registered or licensed brokers or dealers. In addition, in certain states,
the Common Stock may not be sold unless they have been registered or qualified for sale in the state or an exemption from the state’s
registration or qualification requirement is available and complied with.

New Circle is an “underwriter” within
the meaning of Section 2(a)(11) of the Securities Act.

New Circle has informed us that it intends to use
one or more registered broker-dealers to effectuate all sales, if any, of our Common Stock that it has acquired and