Company: LIDRW
Filing Date: 2025-05-12
Form Type: POS AM
Source: 0000947871-25-000486
Chunk: 26

Company: AEye, Inc.
Filing Date: 2025-05-12
Form: POS AM
Chunk 26
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, in order to permit New Circle to offer the shares for resale from time
to time. Except for the transactions contemplated by the Purchase Agreement and the Registration Rights Agreement, New Circle has not
had any material relationship with us within the past three years.

The table below presents information regarding the
Selling Stockholder and the shares of Common Stock that it may offer from time to time under this prospectus. This table is prepared
based on information supplied to us by the Selling Stockholder and reflects holdings as of May 8, 2025 . The number of shares in
the column “Maximum Number of Shares of Common Stock to be Offered Pursuant to this Prospectus” represents all of the shares
of Common Stock that the Selling Stockholder may offer for resale under this prospectus. The Selling Stockholder may sell some, all or
none of its shares in this offering. We do not know how long the Selling Stockholder will hold the shares before selling them, and we
are not aware of any existing arrangements between the Selling Stockholder and any other stockholder, broker, dealer, underwriter or
agent relating to the sale or distribution of the shares of our Common Stock being offered for resale by this prospectus.

Beneficial ownership is determined in accordance
with Rule 13d-3(d) promulgated by the SEC under the Exchange Act, and includes shares of Common Stock with respect to which the Selling
Stockholder has sole or shared voting and investment power. The percentage of shares of Common Stock beneficially owned by the Selling
Stockholder prior to the offering shown in the table below is based on an aggregate of 19,608,520 shares of our Common Stock outstanding
on May 8, 2025 . Because the purchase price of the shares of Common Stock issuable under the Purchase Agreement is determined on
the applicable Purchase Date with respect to a purchase, the number of shares that may actually be sold by us under the Purchase Agreement
may be fewer than the number of shares being offered by this prospectus. The fourth column assumes the sale of all of the shares offered
by the Selling Stockholder pursuant to this prospectus.

| Names and Addresses                  |            | Number of Shares of Common Stock Owned Prior to Offering |   |     |         |     |   |     |                    | Maximum Number of Shares of Common Stock to be Offered Pursuant |            |     |            | Number of Shares of Common Stock Owned After Offering |   |     |         |     |