---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-25-000443"
form_type: "8-K"
ticker: "LIDR"
cik: "0001818644"
company_name: "AEye, Inc."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:56:34.053120+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000947871-25-000443
- form_type: 8-K
- ticker: LIDR
- cik: 0001818644
- company_name: AEye, Inc.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818644/000094787125000443/0000947871-25-000443-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818644/000094787125000443/ss4777213_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-25-000443
- JSON: https://secwatch.observer/filing/0000947871-25-000443.json
- Plain text: https://secwatch.observer/filing/0000947871-25-000443.txt

## Key facts
- Executive change
  Doron Simon was appointed as Class II director at AEye, Inc..
  - Action: appointed
  - Role: Class II director
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818644/000094787125000443/0000947871-25-000443-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.