Summary by Moomoo AI
AEye, Inc., a company incorporated in Delaware and operating out of Pleasanton, California, has filed a Form D Notice of Exempt Offering of Securities with the United States Securities and Exchange Commission (SEC). The filing indicates that AEye is seeking to raise $50 million through an equity offering, with the first sale yet to occur. The offering is expected to last more than one year. AEye has claimed an exemption under Rule 506(b) and has declined to disclose the issuer size. The filing lists several related persons, including executive officers and directors such as Matthew Fisch, Andrew S. Hughes, Conor B. Tierney, Luis Dussan, Jonathon B. Husby, Bernd Gottschalk, Timothy J. Dunn, and Sue E. Zeifman, all with the same business address in Pleasanton. The company has not yet used any of the proceeds from the offering for payments to these individuals. AEye's General Counsel and Secretary, Andrew S. Hughes, signed the filing on August 12, 2024.
