---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-25-001074"
form_type: "8-K"
ticker: "LIDR"
cik: "0001818644"
company_name: "AEye, Inc."
filed_at: "2025-12-10T23:59:59+00:00"
generated_at: "2026-05-16T13:39:54.346058+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AEye terminates $50M New Circle equity line, increases ATM capacity by $50M to boost liquidity by ~$28M

## Summary
- Terminated $50M Share Purchase Agreement with New Circle Principal Investments; effective Dec 17, 2025; no outstanding borrowings or fees.
- Filed Amendment No. 5 to ATM Sales Agreement with A.G.P./Alliance Global Partners, increasing maximum offering by $50M to $125M.
- Net liquidity expected to increase by ~$28M after offsetting the terminated equity line; ~$68.4M of Placement Shares already sold under ATM.
- No shares were issued or pending under the terminated agreement; termination is voluntary and supports 2026 capital optimization objectives.

## SEC filing metadata
- accession: 0000947871-25-001074
- form_type: 8-K
- ticker: LIDR
- cik: 0001818644
- company_name: AEye, Inc.
- filed_at: 2025-12-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818644/000094787125001074/0000947871-25-001074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818644/000094787125001074/ss5707932_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-25-001074
- JSON: https://secwatch.observer/filing/0000947871-25-001074.json
- Plain text: https://secwatch.observer/filing/0000947871-25-001074.txt

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