IPO - AEye, Inc.

Form Type: S-1/A

Filing Date: 2025-02-25

Corporate Action: Ipo

Type: Update

Accession Number: 000094787125000219

Filing Summary: AEye, Inc. is filing Amendment No. 1 to its Form S-1 registration statement under the Securities Act of 1933. This registration statement is prepared for the sale of up to 9,638,718 shares of common stock by certain selling stockholders. The offering may occur at various prices and through different means, including public markets or private transactions. AEye Technologies, Inc., which transformed into AEye, Inc. following a merger with CF Finance Acquisition Corp. III on August 16, 2021, aims to leverage its innovative lidar systems for vehicle autonomy. The company identifies itself as an emerging growth company and a smaller reporting company, and it continues to anticipate significant growth in the lidar market, despite inherent operational risks, including the need for additional capital. As of February 21, 2025, the closing price of the company's common stock stood at $0.77 per share. Investors are advised to carefully assess the risks associated with investing in AEye, as outlined in the prospectus, which includes forward-looking statements subject to various uncertainties. AEye's principal offices are located in Pleasanton, CA.

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Form Type: S-1/A

Filing Date: 2025-02-25

Corporate Action: Ipo

Type: Update

Accession Number: 000094787125000220

Filing Summary: AEye, Inc., a provider of high-performance lidar systems, filed an amendment to their S-1 registration statement with the SEC on February 24, 2025. The document outlines the offer and resale of up to 9,638,718 shares of common stock by certain selling stockholders. The registration includes shares issued under various purchase agreements, with the company not expecting to receive proceeds from these sales, apart from potential exercise prices from warrants. AEye emphasizes its emerging growth company status, showcasing business risks, including reliance on Tier 1 automotive suppliers and the need for additional capital. The document mentions a substantial merger completed in August 2021, resulting in the current setup of AEye, Inc. and discusses continued partnerships with Tier 1 automotive suppliers to facilitate market penetration and product development. A detailed risk factor analysis is included, indicating challenges that could affect future performance.

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Form Type: S-1

Filing Date: 2025-01-16

Corporate Action: Ipo

Type: New

Accession Number: 000094787125000056

Filing Summary: AEye, Inc., a provider of advanced lidar systems, filed a registration statement on Form S-1 on January 16, 2025, related to the offer and resale of up to 5,353,710 shares of common stock by certain selling stockholders. The registration is part of a 'shelf' registration process allowing these stockholders to periodically sell their shares. The shares include those issued under specific purchase agreements and notes, as well as shares from the exercise of warrants. The prospectus outlines that AEye will not receive proceeds from these sales, except for cash from warrant exercises. The document emphasizes the company's emerging growth status and potential risks associated with its operations and market adoption of its products, particularly in the autonomous vehicle sector. The company aims to leverage partnerships with Tier 1 automotive suppliers to capture market share in both automotive and industrial markets. Current common stock is traded on Nasdaq under the symbol 'LIDR', with a noted closing price of $1.28 on the filing date.

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