AEye settles lease dispute for $1.4M+ warrants; appoints Doron Simon to board

AEye, Inc.

Settlement with IGEP Park Place: $1.4M cash in 14 days, warrant for 350k shares at $2.22/share exercisable after 8/31/2025.
Litigation dismissed with prejudice upon payment; mutual release of all lease-related claims.
Appoints Doron Simon as Class II director effective 4/29/2025; serves on Strategic Finance & M&A Committee.
Simon previously provided consulting; received $456k fees and 33,970 RSUs (fully vested); consulting to end by 5/14/2025.

item 1.01 item 2.03 item 5.02 item 7.01 item 9.01

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Appointed

Doron Simon

Class II director

LIDR · AEye, Inc.

Effective: 2025-04-29
Filed: May 1, 2025, 7:59 PM ET

On April 29, 2025 (the “Appointment Date”), the Board of Directors (the “Board”) of AEye, Inc. appointed Doron Simon, effective as of the Appointment Date, as a Class II director

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Doron Simon was appointed as Class II director at AEye, Inc..

Action: appointed
Role: Class II director

Exact text from the filing

On April 29, 2025 (the “Appointment Date”), the Board of Directors (the “Board”) of AEye, Inc. appointed Doron Simon, effective as of the Appointment Date, as a Class II director

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AEye, Inc. filing history →

Source: SEC EDGAR

accession 0000947871-25-000443

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