secwatch.observer — SEC 8-K summary
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Issuer:     AEye, Inc. (LIDR)
CIK:        0001818644
Form:       8-K
Filed at:   2023-09-15T23:59:59+00:00
Accession:  0000947871-23-000938
Event type: regulatory
Sentiment:  negative
Materiality: 0.55
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

AEye receives Nasdaq delisting notice after audit committee vacancy from director resignation
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- Received Nasdaq notice on Sep 13, 2023 for non-compliance with Listing Rule 5605 (independent audit committee).
- Audit committee fell below three members after Wen H. Hsieh resigned effective Aug 15, 2023.
- Cure period until earlier of next annual meeting or Aug 15, 2024 (or Feb 12, 2024 if meeting early).
- No immediate effect on listing; common stock continues trading under LIDR.
- Company plans to use cure period and evaluate board composition to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818644/000094787123000938/0000947871-23-000938-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818644/000094787123000938/ss2493038_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-23-000938

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