secwatch.observer — SEC 8-K summary
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Issuer:     AEye, Inc. (LIDR)
CIK:        0001818644
Form:       8-K
Filed at:   2023-12-29T23:59:59+00:00
Accession:  0000947871-23-001187
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AEye effects 1-for-30 reverse stock split; shares trade split-adjusted Dec 27
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- Reverse stock split at 1-for-30 ratio became effective at 4:09 p.m. ET on Dec 26, 2023.
- Common stock (LIDR) began trading on split-adjusted basis Dec 27, 2023 under new CUSIP 008183204.
- Fractional shares will be aggregated, sold, and proceeds distributed pro rata to entitled stockholders.
- Outstanding equity awards, warrants, and convertible securities are proportionally adjusted with rounded exercise prices.
- Warrants (LIDRW) continue trading on Nasdaq; number of shares issuable on exercise proportionally decreased.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818644/000094787123001187/0000947871-23-001187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818644/000094787123001187/ss2860285_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-23-001187

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer