Company: LIDRW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0000947871-25-000056
Chunk: 30

Company: AEye, Inc.
Filing Date: 2025-01-16
Form: S-1
Chunk 30
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 concessions allowed or re-allowed or paid to broker-dealers. Under the securities laws of some states, the
shares of Common Stock may be sold in such states only through registered or licensed brokers or dealers. In addition, in some states
the shares of Common Stock may not be sold unless such shares have been registered or qualified for sale in such state or an exemption
from registration or qualification is available and is complied with.

There can be no assurance that any Selling Stockholder
will sell any or all of the shares of Common Stock registered pursuant to the registration statement, of which this prospectus forms a
part.

The Selling Stockholders and any other person participating
in such distribution will be subject to applicable provisions of the Securities Exchange Act of 1934, as amended, and the rules and regulations
thereunder, including, without limitation, to the extent applicable, Regulation M of the Exchange Act, which may limit the timing of purchases
and sales of any of the shares of Common Stock by the Selling Stockholders and any other participating person. To the extent applicable,
Regulation M may also restrict the ability of any person engaged in the distribution of the shares of Common Stock to engage in market-making
activities with respect to the shares of Common Stock. All of the foregoing may affect the marketability of the shares of Common Stock
and the ability of any person or entity to engage in market-making activities with respect to the shares of Common Stock.

We will pay all expenses of the registration of the
shares of Common Stock, estimated to be $111,049.16 in total, including, without limitation, Securities and Exchange Commission filing fees and
expenses of compliance with state securities or “blue sky” laws; provided, however, a Selling Stockholder will pay all underwriting
discounts and selling commissions, if any. We will indemnify the Selling Stockholders against liabilities, including some liabilities
under the Securities Act in accordance with the registration rights agreements or the Selling Stockholders will be entitled to contribution.
We may be indemnified by the Selling Stockholders against civil liabilities, including liabilities under the Securities Act that may arise
from any written information furnished to us by the Selling Stockholder specifically for use in this prospectus, in accordance with the
related registration rights agreements or we may be entitled to contribution.

Once sold under the registration statement, of which
this prospectus forms a part, the shares of Common Stock will be freely tradable in the hands of persons other than our affiliates.

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