Company: LIDRW
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0000947871-25-000783
Chunk: 28

Company: AEye, Inc.
Filing Date: 2025-08-15
Form: 424B3
Chunk 28
---
 that the total expenses for the offering
will be approximately $140,136.11.

In connection with the sale of the shares of Common
Stock covered by this prospectus, the Selling Stockholder may enter into hedging transactions with broker-dealers or other financial institutions,
which may in turn engage in short sales of the shares of Common Stock in the course of hedging the positions they assume. The Selling
Stockholder may also sell shares of Common Stock short and deliver these shares to close out their short positions, or loan or pledge
the shares to broker-dealers that in turn may sell these shares. The Selling Stockholder may also enter into option or other transactions
with broker-dealers or other financial institutions or create one or more derivative securities which require the delivery to such broker-dealer
or other financial institution of shares of Common Stock covered by this prospectus, which shares such broker-dealer or other financial
institution may resell pursuant to this prospectus (as supplemented or amended to reflect such transaction). We have advised the Selling
Stockholder that it is required to comply with Regulation M promulgated under the Exchange Act. With certain exceptions, Regulation M
precludes the Selling Stockholder, any affiliated purchasers, and any broker-dealer or other person who participates in the distribution
from bidding for or purchasing, or attempting to induce any person to bid for or purchase any security which is the subject of the distribution
until the entire distribution is complete. Regulation M also prohibits any bids or purchases made in order to stabilize the price of a
security in connection with the distribution of that security. All of the foregoing may affect the marketability of the securities offered
by this prospectus.

We have agreed to use our reasonable best efforts
to keep the registration statement, of which this prospectus forms a part, effective and supplemented to ensure that it remains available
for the resale of all shares issuable upon exercise of the Warrant. Our obligation to maintain the effectiveness of the registration statement
will continue until the earliest of (a) the date on which all such shares have been sold, transferred, disposed of or exchanged in accordance
with the registration statement, (b) the date on which all such shares may be sold publicly without restriction or limitation under Rule
144 and without the requirement to be in compliance with Rule 144(c)(1) under the Securities Act or (c) the date on which the shares or
the right to acquire such shares have ceased to be outstanding under the Warrant.

| 21 |