secwatch.observer — SEC 8-K summary
======================================

Issuer:     AEye, Inc. (LIDR)
CIK:        0001818644
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0000947871-24-000541
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AEye raises ~$2.5M in registered direct offering of 727,706 shares at $3.4480/share
--------------------------------------------------------------------------------

- Gross proceeds of $2.51M from sale of 727,706 shares at $3.4480 per share.
- Offering expected to close May 30, 2024, subject to customary conditions.
- Net proceeds will be used for working capital and general corporate purposes.
- Executive officers and directors agreed to 30-day lock-up on stock sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818644/000094787124000541/0000947871-24-000541-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818644/000094787124000541/ss3445330_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-24-000541

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