Company: LIDRW
Filing Date: 2025-04-21
Form Type: DEFC14A
Source: 0001104659-25-036915
Chunk: 1

Company: AEye, Inc.
Filing Date: 2025-04-21
Form: DEFC14A
Chunk 1
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 ensure that the Company
is being run in a manner consistent with stockholders’ best interests. Accordingly, we have nominated two (2) highly-qualified,
independent director nominees, who have strong, relevant backgrounds and are committed to acting objectively and with the best
interest of stockholders in mind. The need for true independence in the boardroom is underscored by the Company’s abysmal performance
over the past three years and in particular this last year, as stockholder value declined by more than 99% in the past three years and
by approximately 50% in the past year alone. The Board also implemented massive dilution of the shares (over 70%) pursuant to private
and at-the-market offerings without stockholder approval and with little to no communication with stockholders. During the same time,
the Board in 2024 compensated themselves and the CEO over 25% of the value of the Company. We believe that the Board is dysfunctional,
with only Luis Dussan (a member of this Founders Group) actively defending the stockholders of this Company. The rest of the Board and
the Company’s CEO appear to have only one objective, to retain their positions and continue to take excessive compensation from
the Company. To prove the point, you need only look at the two Board Nominees recommended by the Company. These two individuals have
been on the board for three years, have overseen a 99% loss in Company market value and after failing the Company so completely, are
asking you to elect them for three more years. Through this proxy statement (the “Proxy Statement”) and accompanying GREEN
universal proxy card, which are first being mailed or furnished to stockholders on or about April 22, 2025, we are seeking your support
at the Company’s 2025 Annual Meeting of Stockholders, scheduled to be held at the AC Hotel Pleasanton, 5990 Stoneridge Mall Road,
Pleasanton, California on May 15, 2025 at 9:00 a.m., PDT (including any adjournments or postponements thereof and any meeting which may
be called in lieu thereof, the “Annual Meeting”), for the following purposes:

| 1. | To                                                                                                                        
 elect two (2) Class I directors, each to hold office until the Company’s Annual Meeting of Stockholders in 2028 and until 
 his or her successor is duly elected and qualified, or until his or her earlier death, resignation, or removal