Company: LIDRW
Filing Date: 2025-05-12
Form Type: POS AM
Source: 0000947871-25-000486
Chunk: 14

Company: AEye, Inc.
Filing Date: 2025-05-12
Form: POS AM
Chunk 14
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 from the resale of shares by the                                                                        
 Selling Stockholder. We may receive up to $50.0 million in aggregate gross proceeds pursuant to the Purchase Agreement, from and         
 after the Commencement Date. See “Use of Proceeds” on page 14 for additional information.                                                |
| Risk factors                                              |     | You should carefully read the “Risk Factors” beginning                                                                                   
 on page 8 and the other information included or incorporated by reference in this prospectus for a discussion of factors                 
 you should consider carefully before deciding to invest in our Common Stock.                                                             |
| Nasdaq symbol for our Common Stock                        |     | “LIDR.”                                                                                                                                  |

| 7 |

<div align='center'>RISK FACTORS</div>

An investment in the Common Stock involves
a high degree of risk. Before you decide to invest in shares of Common Stock, you should consider carefully all of the information in
this prospectus and the documents incorporated by reference herein and, in particular, the risks described below and the Risk Factors
included in any prospectus supplement or amendment, our Annual Report on Form 10-K for the year ended December 31, 2024, and any subsequently
filed Quarterly Reports on Form 10-Q and our other filings with the SEC that are incorporated by reference into this prospectus. The
risks described in this prospectus or in any document incorporated by reference are not the only ones we face. There may be other unknown
or unpredictable economic, business, competitive, regulatory or other factors that could have material adverse effects on our business,
prospects, financial condition and results of operations. In any such case, the trading price of shares of Common Stock could decline
materially and you could lose all or part of your investment. Past financial performance may not be a reliable indicator of future performance
and historical trends should not be used to anticipate results or trends in future periods.

Risks Related to this Offering

It is not possible to predict the actual number of shares we will sell under the Purchase Agreement, or the actual gross proceeds resulting from those sales. We may not have access to the full amount available under the Purchase Agreement with New Circle.

On July 25, 2024, we entered into the Purchase Agreement with New Circle,
pursuant to which New Circle has committed to purchase up to $ 50.0 million in shares of our Common Stock, subject to certain limitations
and conditions set forth in the Purchase Agreement.

The shares of our Common Stock that