PLEASANTON, CA – AEye, Inc. (NASDAQ:LIDR), a Delaware-incorporated company specializing in motor vehicle parts and accessories, announced today an amendment to its prospectus supplements to increase the maximum offering of its common stock.
The company, which operates under the trading symbols LIDR and LIDRW on The Nasdaq Stock Market LLC, has updated the number of shares available under its At Market Issuance Sales Agreement to an aggregate of $8,533,600.
This adjustment comes after the original Sales Agreement with A.G.P./Alliance Global Partners (NYSE:GLP), dated September 12, 2024, and follows the company's registration statement on Form S-3 filed on September 15, 2023, and declared effective on September 26, 2023. The amendment reflects an increase in the Placement Shares, which are being offered pursuant to the Prospectus Supplements dated September 13, 2024, and December 30, 2024, and the recent amendment.
The news above is based on an SEC filing.
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