false
0001818644
0001818644
2025-07-30
2025-07-30
0001818644
LIDR:CommonStockParValue0.0001PerShareMember
2025-07-30
2025-07-30
0001818644
LIDR:WarrantsToReceiveOneShareOfCommonStockMember
2025-07-30
2025-07-30
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): July
30, 2025
AEYE, INC.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-39699 |
|
37-1827430 |
(State or other jurisdiction |
|
(Commission File Number) |
|
(IRS Employer Identification No.) |
of incorporation) |
|
|
|
|
4670 Willow Road, Suite 125, Pleasanton, California |
|
94588 |
(Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including area
code: (925) 400-4366
|
(Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligations of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common Stock, par value $0.0001 per share |
LIDR |
The Nasdaq Stock Market LLC |
Warrants to receive one share of Common Stock |
LIDRW |
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act.
On July 30, 2025, AEye, Inc. (the
“Company”) received written notice from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC
(“Nasdaq”) stating that the Company had regained compliance with Nasdaq Listing Rule 5550(a)(2) (“Rule
5550(a)(2)”) by maintaining a minimum closing bid price of the Company’s common stock of at least $1.00 per share for
the ten consecutive business day period from July 16, 2025 to July 29, 2025 and that this matter is now closed.
As previously reported, on March 11, 2025, Nasdaq
notified the Company that for the prior 30 consecutive business days, the closing bid price for the Company’s common stock had been
below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market pursuant to Rule 5550(a)(2) and that
the Company had 180 days, or until September 8, 2025, to evidence compliance with Rule 5550(a)(2).
On July 30, 2025, the Company issued a press release
disclosing the fact that it has regained compliance with the minimum closing bid price requirement. A copy of the press release is included
herewith as Exhibit 99.1 and incorporated herein by reference.
| Item 9.01. | Financial Statement and Exhibits. |
Exhibit Number |
Description |
|
|
99.1 |
Press Release dated July 30, 2025 |
|
|
104 |
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
AEye, Inc. |
|
|
|
Dated: July 30, 2025 |
|
|
|
|
By: |
/s/ Andrew S. Hughes |
|
|
|
Andrew S. Hughes |
|
|
|
Senior Vice President, General Counsel & Corporate Secretary |