AEye enters $2.6M at-the-market equity facility with A.G.P./Alliance Global Partners

AEye, Inc.

AEye may sell up to $2.6M of common stock at market prices through A.G.P. as sales agent.
Proceeds will fund working capital, go-to-market enhancements of Apollo product, and Chinese lidar market expansion.
A.G.P. receives 3.0% commission on gross sales; WestPark Capital receives 1.0% advisory fee.
Offering terminates after 36 months from prospectus supplement filing or upon full sale or termination of agreement.
The at-the-market issuance may dilute existing shareholders if shares are sold below current market price.

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