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<P STYLE="text-align: center; font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><B>As
filed with the Securities and Exchange Commission on June 9, 2023.</B></P>

<P STYLE="font: 9pt/1.55pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: right; font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0"><B>Registration No. 333-</B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 9pt/0.65pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 9pt/9.6pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM S-8</B></P>

<P STYLE="font: 9pt/0.65pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>REGISTRATION STATEMENT</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><I>UNDER</I></B></P>

<P STYLE="font: 9pt/0.35pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><I>THE SECURITIES ACT OF 1933</I></B></P>

<P STYLE="font: 9pt/10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/10.5pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>AEYE, INC.</B></P>

<P STYLE="font: 9pt/1.15pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><I>(Exact name of registrant as specified in its
charter)</I></B></P>

<P STYLE="font: 9pt/10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="text-align: center; width: 40%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; width: 20%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; width: 40%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 9pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 9pt"><B>37-1827430</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>(State
                                    or other jurisdiction of</B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>incorporation
    or organization)</B></FONT></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>(I.R.S.
                                    Employer</B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>Identification
    No.)</B></FONT></P></TD></TR>
<TR>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>One
                                    Park Place, Suite 200</B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>Dublin, California</B></FONT></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt"><B>94568</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 9pt"><B>(Address of Principal Executive Offices)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 9pt"><B>(Zip Code)</B></FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 9pt"><B>AEye, Inc. 2021 Equity Incentive Plan</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="text-align: center"><FONT STYLE="font-size: 9pt"><B>(Full title of the plans)</B></FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Matthew Fisch</B></P>

<P STYLE="font: 9pt/1.55pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Chief Executive Officer</B></P>

<P STYLE="font: 9pt/0.45pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>One Park Place, Suite 200</B></P>

<P STYLE="font: 9pt/0.45pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Dublin, California 94568</B></P>

<P STYLE="font: 9pt/0.45pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(925) 400-4366</B></P>

<P STYLE="font: 9pt/0.45pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Name, address and telephone number, including area
code, of agent for service)</B></P>

<P STYLE="font: 9pt/10.15pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><I>With copies to:</I></B></P>

<P STYLE="font: 9pt/11.25pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B></B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Christopher Forrester</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Yian Huang</B></P>

<P STYLE="font: 9pt/1.55pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Shearman &amp; Sterling LLP</B></P>

<P STYLE="font: 9pt/80% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>1460 El Camino Real, 2<SUP>nd</SUP> Floor</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Menlo Park, California 94025</B></P>

<P STYLE="font: 9pt/0.35pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(650) 838-3600</B></P>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/10.35pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/110% Times New Roman, Times, Serif; margin: 0 9pt 0 0">Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of
&ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller reporting company,&rdquo; and &ldquo;emerging growth
company&rdquo; in Rule 12b-2 of the Exchange Act.</P>

<P STYLE="font: 9pt/110% Times New Roman, Times, Serif; margin: 0 9pt 0 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.5pt; padding-left: 5.5pt; width: 56%"><B>Large accelerated filer</B> <FONT STYLE="font-family: Wingdings">&uml;</FONT></TD>
    <TD STYLE="padding-left: 27.5pt; width: 44%"><B>Accelerated filer</B> <FONT STYLE="font-family: Wingdings">&uml;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.5pt; padding-left: 5.5pt"><B>Non-accelerated filer</B> <FONT STYLE="font-family: Wingdings">&uml;</FONT></TD>
    <TD STYLE="padding-left: 27.5pt"><B>Smaller reporting company &nbsp;&nbsp;</B>&#9746;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.5pt; padding-left: 5.5pt">&nbsp;</TD>
    <TD STYLE="padding-left: 27.5pt"><B>Emerging growth company</B> &nbsp;&nbsp;&#9746;<FONT STYLE="font-family: Wingdings"></FONT></TD></TR>
</TABLE>

<P STYLE="font: 9pt/7.35pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/0.25pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/11.4pt Times New Roman, Times, Serif; margin: 0">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 7(a)(2)(B) of the Securities Act. <FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT></P>

<P STYLE="font: 9pt/11.4pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&nbsp;</FONT></P>

<P STYLE="font: 9pt/11.4pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif"></FONT></P>

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<P STYLE="font: 9pt/11.4pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.45in">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.45in"><FONT STYLE="line-height: normal">Pursuant to General
Instruction E to Form S-8, AEye, Inc. (the &ldquo;Registrant&rdquo;) is filing this Registration Statement on Form S-8 (this &ldquo;Registration
Statement&rdquo;) to register an additional 16,000,000 shares of the Registrant&rsquo;s common stock, $0.0001 par value per share (the
&ldquo;Common Stock&rdquo;), that may be issued under the Registrant&rsquo;s Amended and Restated 2021 Equity Incentive Plan (the &ldquo;2021
EIP&rdquo;) following the amendment and restatement to the 2021 EIP to increase the number of shares issuable under the 2021 EIP that
was approved by the Registrant&rsquo;s stockholders on, and became effective as of, May 3, 2023. The contents of the Registrant&rsquo;s
Registration Statements on Form S-8 (File Nos. 333-270731, 333-265064 and 333-260601) filed with the Securities and Exchange Commission
(the &ldquo;Commission&rdquo;) on March 22, 2023, May 19, 2022, and October 29, 2021, respectively, relating to the 2021 EIP are incorporated
by reference into this Registration Statement, except to the extent supplemented, amended, or superseded by the information set forth
herein.</FONT></P>

<P STYLE="font: 9pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="line-height: normal"><B>PART I</B></FONT></P>

<P STYLE="font: 11pt/11.25pt Times New Roman, Times, Serif; margin: 0; text-indent: 385.25pt"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="line-height: normal"><B>INFORMATION REQUIRED
IN THE SECTION 10(a) PROSPECTUS</B></FONT></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0 3pt 0 0; text-indent: 0.45in"><FONT STYLE="line-height: normal">Information
required by Part I to be contained in the Section 10(a) prospectus is omitted from this Registration Statement in accordance with Rule
428 under the Securities Act and the &ldquo;Note&rdquo; to Part I of Form S-8. The documents containing the information specified in
Part I will be delivered to the participants in the 2021 EIP as required by Rule 428(b)(1) under the Securities Act.</FONT></P>

<P STYLE="font: 9pt/8.6pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="line-height: normal"><B>PART II</B></FONT></P>

<P STYLE="font: 9pt/11.25pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="line-height: normal"><B>INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT</B></FONT></P>

<P STYLE="font: 9pt/11.25pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal"><B>Item 3. Incorporation of Documents
by Reference.</B></FONT></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="text-indent: 28.45pt; font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="line-height: normal">The
following documents previously filed by the Registrant with the Commission are incorporated by reference in this Registration Statement:</FONT></P>

<P STYLE="font: 9pt/8.05pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt/117% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-indent: 28.45pt"><FONT STYLE="font-size: 9pt; line-height: normal">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; line-height: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 9pt; line-height: normal">The Registrant&rsquo;s Annual Report on <FONT STYLE="color: Black"><A HREF="https://www.sec.gov/Archives/edgar/data/1818644/000181864423000003/0001818644-23-000003-index.htm">Form 10-K</A>
</FONT>for the fiscal year ended December 31, 2022 (the &ldquo;Annual Report&rdquo;), filed with the Commission on March 16, 2023, which
includes audited financial statements for the Registrant&rsquo;s latest fiscal year;</FONT></P>

<P STYLE="font: 11pt/8.05pt Times New Roman, Times, Serif; margin: 0 3pt 0 0; text-indent: 28.45pt"><FONT STYLE="font-size: 9pt; line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt/117% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-indent: 28.45pt"><FONT STYLE="font-size: 9pt; line-height: normal">(b)
&nbsp;&nbsp;Portions of the Registrant&rsquo;s Definitive Proxy Statement on <A HREF="https://www.sec.gov/Archives/edgar/data/1818644/000114036123012553/0001140361-23-012553-index.htm">Schedule
14A</A> for the 2023 Annual Meeting of Stockholders, filed with the Commission on March 20, 2023 that are incorporated by reference
into Part III of the Annual Report;</FONT></P>

<P STYLE="font: 11pt/117% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-indent: 28.45pt"><FONT STYLE="font-size: 9pt; line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt/117% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-indent: 28.45pt"><FONT STYLE="font-size: 9pt; line-height: normal">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; line-height: normal">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 9pt; line-height: normal">All other reports filed by the Registrant pursuant to Section 13(a) or 15(d)
of the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;), since the end of the fiscal year covered by the
audited financial statements described in (a) above (other than portions of the Registrant&rsquo;s Current Reports on Form 8-K that are
furnished or otherwise not deemed to be filed); and</FONT></P>

<P STYLE="font: 9pt/8.05pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt/117% Times New Roman, Times, Serif; margin: 0; text-indent: 28.45pt"><FONT STYLE="font-size: 9pt; line-height: normal">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; line-height: normal">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 9pt; line-height: normal">The description of the Registrant&rsquo;s Common Stock in our Registration Statement
on Form S-3 (as <A HREF="https://www.sec.gov/Archives/edgar/data/1818644/000094787122001015/0000947871-22-001015-index.htm">Post-Effective Amendment No. 2</A> to Form S-1) filed on September 26, 2022, including any amendment or reports filed for
the purpose of updating such description.</FONT></P>

<P STYLE="font: 9pt/8.1pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/117% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-indent: 28.45pt"><FONT STYLE="line-height: normal">All
documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act, prior to the filing
of a post-effective amendment to this Registration Statement which indicates that all of the shares of Common Stock offered have been
sold or which deregisters all of such shares then remaining unsold, shall be deemed to be incorporated by reference in this Registration
Statement and to be a part hereof from the date of the filing of such documents, except as to any portion of any future annual or quarterly
report to stockholders or document that is not deemed filed under such provisions.</FONT></P>

<P STYLE="font: 9pt/9.15pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/108% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-indent: 28.45pt"><FONT STYLE="line-height: normal">For
purposes of this Registration Statement, any statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded to the extent that a statement contained herein or in any other subsequently filed
document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement
so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</FONT></P>

<P STYLE="font: 9pt/108% Times New Roman, Times, Serif; margin: 0 2pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt/108% Times New Roman, Times, Serif; margin: 0 2pt 0 0"></P>

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<P STYLE="font: 9pt/108% Times New Roman, Times, Serif; margin: 0 2pt 0 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal"><B>Item 4. Description of Securities.</B></FONT></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/11.05pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: normal">Not applicable.</FONT></P>

<P STYLE="font: 9pt/11.05pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal"><B>Item 5. Interests of Named Experts
and Counsel.</B></FONT></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: normal">None.</FONT></P>

<P STYLE="font: 9pt/11.05pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal"><B>Item 6. Indemnification of Directors
and Officers.</B></FONT></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/106% Times New Roman, Times, Serif; margin: 0 4pt 0 0; text-indent: 24.6pt"><FONT STYLE="line-height: normal">Section
102(b)(7) of the Delaware General Corporation Law (&ldquo;DGCL&rdquo;) provides that a corporation&rsquo;s certificate of incorporation
may contain a provision eliminating or limiting the personal liability of a director or an officer to the corporation or its stockholders
for monetary damages for breach of fiduciary duty as a director or an officer, provided that such provision shall not eliminate or limit
the liability of a director or an officer (i) for any breach of the director&rsquo;s or officer&rsquo;s duty of loyalty to the corporation
or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law,
(iii) under Section 174 of the DGCL, or (iv) for any transaction from which the director or officer derived an improper personal benefit,
and provided further that such provision shall not eliminate or limit the liability of an officer in any action by or in the right of
the corporation. The Registrant&rsquo;s Second Amended and Restated Certificate of Incorporation, as amended by the Certificate of Amendment
filed with the State of Delaware on May 9, 2023 (the &ldquo;Amended Charter&rdquo;), provides that no director or officer of the Registrant
shall be personally liable to it or its stockholders for monetary damages for any breach of fiduciary duty as a director or an officer,
notwithstanding any provision of law imposing such liability, except to the extent that the DGCL prohibits the elimination or limitation
of liability of directors or officers, as applicable, for breaches of fiduciary duty.</FONT></P>

<P STYLE="font: 9pt/9.45pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/105% Times New Roman, Times, Serif; margin: 0 1pt 0 0; text-indent: 24.6pt"><FONT STYLE="line-height: normal">Section
145 of the DGCL provides that a corporation has the power to indemnify a director, officer, employee, or agent of the corporation, or
a person serving at the request of the corporation for another corporation, partnership, joint venture, trust, or other enterprise in
related capacities against expenses (including attorneys&rsquo; fees), judgments, fines, and amounts paid in settlement actually and
reasonably incurred by the person in connection with an action, suit, or proceeding to which he or she is or was a party or is threatened
to be made a party to any threatened, ending, or completed action, suit, or proceeding by reason of such position, if such person acted
in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation, and, in any criminal
action or proceeding, had no reasonable cause to believe his conduct was unlawful, except that, in the case of actions brought by or
in the right of the corporation, no indemnification shall be made with respect to any claim, issue, or matter as to which such person
shall have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery or other adjudicating
court determines that, despite the adjudication of liability but in view of all of the circumstances of the case, such person is fairly
and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.</FONT></P>

<P STYLE="font: 9pt/9.7pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/105% Times New Roman, Times, Serif; margin: 0; text-indent: 24.6pt"><FONT STYLE="line-height: normal">The Amended
Charter and the Amended and Restated Bylaws of the Registrant provide that the Registrant will indemnify each person who was or is a
party or threatened to be made a party to any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal,
administrative, or investigative (other than an action by or in the right of the Registrant), by reason of the fact that he or she is
or was, or has agreed to become, a director or officer, or is or was serving, or has agreed to serve, at the Registrant&rsquo;s request
as a director, officer, employee or agent of another corporation or of a partnership, joint venture, trust, other enterprise, or nonprofit
entity, including service with respect to an employee benefit plan (all such persons being referred to as an &ldquo;Indemnitee&rdquo;),
whether the basis of such proceeding is alleged action in an official capacity as a director, officer, employee, or agent, or in any
other capacity while serving as a director, officer, employee, or agent, against all liability and loss suffered and expenses (including,
without limitation, attorneys&rsquo; fees, judgments, fines, ERISA excise taxes and penalties, and amounts paid in settlement) reasonably
incurred by such Indemnitee in connection with such proceeding. Expenses must be advanced to an Indemnitee under certain circumstances.</FONT></P>

<P STYLE="font: 9pt/9.4pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/108% Times New Roman, Times, Serif; margin: 0 6pt 0 0; text-indent: 24.6pt"><FONT STYLE="line-height: normal">The
Registrant has entered into indemnification agreements with each of its directors and officers. These indemnification agreements may
require the Registrant, among other things, to indemnify its directors and officers for some expenses, including attorneys&rsquo; fees,
judgments, fines, and settlement amounts incurred by a director or officer in any action or proceeding arising out of his or her service
as one of the Registrant&rsquo;s directors or officers, or any of its subsidiaries or any other company or enterprise to which the person
provides services at the Registrant&rsquo;s request.</FONT></P>

<P STYLE="font: 9pt/117% Times New Roman, Times, Serif; margin: 0 15pt 0 0; text-indent: 24.75pt"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/117% Times New Roman, Times, Serif; margin: 0 15pt 0 0; text-indent: 24.75pt"><FONT STYLE="line-height: normal">The
Registrant maintains a general liability insurance policy that covers certain liabilities of directors and officers of the Registrant&rsquo;s
corporation arising out of claims based on acts or omissions in their capacities as directors or officers.</FONT></P>

<P STYLE="font: 9pt/9.7pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/7.9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal"></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal"><B>Item 7. Exemption from Registration
Claimed.</B></FONT></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/7.9pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal"><B>Item 8. Exhibits.</B></FONT></P>


<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 9pt"><B>Exhibit
                                            Number</B></FONT></P></TD>
    <TD STYLE="width: 39%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 9pt"><B>Exhibit
                                            Description</B></FONT></P></TD>
    <TD STYLE="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 9pt"><B>Form</B></FONT></P></TD>
    <TD STYLE="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 9pt"><B>Date</B></FONT></P></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 9pt"><B>Number</B></FONT></P></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 9pt"><B>Filed
                                            Herewith</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">4.1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1818644/000119312521253301/d188241dex31.htm">Second Amended and Restated Certificate of Incorporation of AEye, Inc.</A></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">8-K</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">8/23/2021</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">3.1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">4.2</FONT></TD>
    <TD STYLE="text-align: left; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1818644/000181864423000006/exhibit32amendmentofcertif.htm">Certificate of Amendment of the Second Amended and Restated Certificate of Incorporation of AEye, Inc.</A></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">10Q</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">5/11/2023</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">3.2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">4.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1818644/000119312521253301/d188241dex32.htm">Amended and Restated Bylaws of AEye, Inc.</A></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">8-K</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">8/23/2021</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">3.2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">5.1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"><A HREF="ss2160288_ex0501.htm">Opinion of Shearman &amp; Sterling LLP.</A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">X</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">10.1#</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1818644/000114036123012553/ny20007497x2_def14a.htm">AEye, Inc. 2021 Amended and Restated Equity Incentive Plan.</A></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">14A</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"> 3/20/2023</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">23.1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"><A HREF="ss2160288_ex2301.htm">Consent of Deloitte &amp; Touche LLP.</A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">X</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">23.2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"><A HREF="ss2160288_ex0501.htm">Consent of Shearman &amp; Sterling LLP (included in Exhibit 5.1).</A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">X</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">24.1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"><A HREF="#Powerofattorney">Power of Attorney (included on the signature page).</A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">X</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">107</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt"><A HREF="ss2160288_ex107.htm">Filing Fee Table.</A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">X</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.6pt"></TD><TD STYLE="width: 22.4pt"><FONT STYLE="font-size: 9pt">#</FONT></TD><TD><FONT STYLE="font-size: 9pt">Management contract or compensatory plan</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/11.05pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><B>Item 9. Undertakings.</B></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font: 9pt Times New Roman, Times, Serif">(a) The undersigned Registrant hereby undertakes:</P>

<P STYLE="font: 9pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<TD STYLE="width: 16.6pt"></TD><TD STYLE="width: 22.4pt"><FONT STYLE="font-size: 9pt">1.</FONT></TD><TD><FONT STYLE="font-size: 9pt">To file, during any period in which offers or sales are being made, a post-effective amendment to this
Registration Statement:</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/1.35pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<TD STYLE="width: 32.8pt"></TD><TD STYLE="width: 24.2pt"><FONT STYLE="font-size: 9pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 9pt">To include any prospectus required by Section 10(a)(3) of the Securities Act;</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/0.45pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/104% Times New Roman, Times, Serif; margin: 0; text-indent: 32.8pt"><FONT STYLE="font-size: 9pt">(ii)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 9pt">To reflect in the prospectus any facts or events arising after the effective date of the registration
statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change
in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or
high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule
424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price
set forth in the &ldquo;Calculation of Registration Fee&rdquo; table in the effective registration statement;</FONT></P>

<P STYLE="font: 9pt/0.1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/105% Times New Roman, Times, Serif; margin: 0 1pt 0 0; text-indent: 32.8pt"><FONT STYLE="font-size: 9pt">(iii)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 9pt">To include any material information with respect to the plan of distribution not previously disclosed
in the registration statement or any material change to such information in the registration statement; provided, however, that clauses
(1)(i) and (1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those clauses
is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange
Act that are incorporated by reference in the registration statement.</FONT></P>

<P STYLE="font: 9pt/9.4pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/110% Times New Roman, Times, Serif; margin: 0 17pt 0 0; text-align: justify; text-indent: 16.6pt"><FONT STYLE="font-size: 9pt">2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 9pt">That, for the purpose of determining any liability under the Securities Act, each such post-effective
amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial <I>bona fide</I> offering thereof.</FONT></P>

<P STYLE="font: 9pt/16.45pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/16.45pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/117% Times New Roman, Times, Serif; margin: 0 37pt 0 0; text-indent: 16.6pt"><FONT STYLE="font-size: 9pt"></FONT></P>

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<P STYLE="font: 11pt/117% Times New Roman, Times, Serif; margin: 0 37pt 0 0; text-indent: 16.6pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt/117% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-indent: 16.6pt"><FONT STYLE="font-size: 9pt; line-height: normal">3.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; line-height: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 9pt; line-height: normal">To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.</FONT></P>

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<P STYLE="font: 9pt/107% Times New Roman, Times, Serif; margin: 0 14pt 0 0; text-indent: 0.4pt"><FONT STYLE="line-height: normal">(b)
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of
the Registrant&rsquo;s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing
of an employee benefit plan&rsquo;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in
the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial <I>bona fide</I> offering thereof.</FONT></P>

<P STYLE="font: 9pt/9.15pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/113% Times New Roman, Times, Serif; margin: 0; text-indent: 0.4pt"><FONT STYLE="line-height: normal">(c) Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers, and controlling persons
of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that
a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director,
officer, or controlling person of the Registrant in the successful defense of any action, suit, or proceeding) is asserted by such director,
officer, or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such
issue.</FONT></P>

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<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"></P>

<P STYLE="font: 9pt/19.35pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 9pt/11.25pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="letter-spacing: normal; line-height: normal; word-spacing: normal">Pursuant
to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Dublin, State of California on the 9th day of June 2023.</FONT></P>

<P STYLE="font: 9pt/8.8pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"></P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">AEYE, INC.&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.5pt">&nbsp;/s/
    Matthew Fisch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.5pt">Matthew Fisch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.5pt">Chief Executive Officer</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 9pt/1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="Powerofattorney"></A>POWER OF ATTORNEY</B></P>

<P STYLE="font: 9pt/11.45pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/105% Times New Roman, Times, Serif; margin: 0; text-indent: 0.45in">KNOW ALL PERSONS BY THESE PRESENTS, that each
person whose signature appears below constitutes and appoints Matthew Fisch and Conor B. Tierney as his or her true and lawful attorneys-in-fact
and agents, each of whom may act alone, with full power of substitution and resubstitution, for him or her and in his or her name, place
and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement
on Form S-8, and to sign any related registration statement that is to be effective upon filing pursuant to Rule 462(b) promulgated under
the Securities Act of 1933, as amended, and all post-effective amendments thereto, and to file the same, with all exhibits thereto, and
other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about
the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that
said attorneys-in-fact and agents or any of them, or his or their substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.</P>

<P STYLE="font: 9pt/9.4pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/117% Times New Roman, Times, Serif; margin: 0 12pt 0 0; text-indent: 0.45in">Pursuant to the requirements of the Securities
Act, this Registration Statement has been signed below by the following persons in the capacities indicated on the date indicated.</P>

<P STYLE="font: 9pt/10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 38%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Signature</B></P></TD>
    <TD STYLE="width: 42%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Title</B></P></TD>
    <TD STYLE="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Date</B></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Matthew Fisch</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">Matthew Fisch</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">Chief Executive Officer and Chairman</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">June 9,
    2023</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">(Principal Executive Officer)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Conor B. Tierney</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">Conor B. Tierney</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">Chief Financial Officer and Treasurer</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">June 9,
    2023</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">(Principal Financial Officer)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Timothy J. Dunn</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">Timothy J. Dunn</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">Director</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">June 9,
    2023</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ <FONT STYLE="font-size: 9pt">Luis C. Dussan</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">Luis C. Dussan</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">Director</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">June 9,
    2023</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Prof. Dr. Bernd Gottschalk</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">Prof. Dr. Bernd Gottschalk</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">Director</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">June 9,
    2023</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Wen H. Hsieh</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">&nbsp;Wen H. Hsieh</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">Director</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">June 9,
    2023</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Sue E. Zeifman</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">Sue E. Zeifman</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 9pt">Director</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 9pt">June 9,
    2023</FONT></TD></TR>
  </TABLE>

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{"company-data": {"conformed-name": "AEye, Inc.", "cik": "0001818644", "assigned-sic": "3714", "irs-number": "371827430", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-272570", "film-number": "231006135"}, "business-address": {"street1": "ONE PARK PLACE, SUITE 200", "city": "DUBLIN", "state": "CA", "zip": "94568", "phone": "925-400-4366"}, "mail-address": {"street1": "ONE PARK PLACE, SUITE 200", "city": "DUBLIN", "state": "CA", "zip": "94568"}, "former-company": {"former-conformed-name": "CF Finance Acquisition Corp. III", "date-changed": "20200717"}}
As
filed with the Securities and Exchange Commission on June 9, 2023.
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
AEYE, INC.
(Exact name of registrant as specified in its
charter)
Delaware
37-1827430
(State
                                    or other jurisdiction of
incorporation
    or organization)
(I.R.S.
                                    Employer
Identification
    No.)
One
                                    Park Place, Suite 200
Dublin, California
94568
(Address of Principal Executive Offices)
(Zip Code)
AEye, Inc. 2021 Equity Incentive Plan
(Full title of the plans)
Matthew Fisch
Chief Executive Officer
One Park Place, Suite 200
Dublin, California 94568
(925) 400-4366
(Name, address and telephone number, including area
code, of agent for service)
With copies to:
Christopher Forrester
Yian Huang
Shearman & Sterling LLP
1460 El Camino Real, 2
nd
Floor
Menlo Park, California 94025
(650) 838-3600
Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of
"large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth
company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
¨
Accelerated filer
¨
Non-accelerated filer
¨
Smaller reporting company
☒
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 7(a)(2)(B) of the Securities Act.
☐
EXPLANATORY NOTE
Pursuant to General
Instruction E to Form S-8, AEye, Inc. (the "Registrant") is filing this Registration Statement on Form S-8 (this "Registration
Statement") to register an additional 16,000,000 shares of the Registrant's common stock, $0.0001 par value per share (the
"Common Stock"), that may be issued under the Registrant's Amended and Restated 2021 Equity Incentive Plan (the "2021
EIP") following the amendment and restatement to the 2021 EIP to increase the number of shares issuable under the 2021 EIP that
was approved by the Registrant's stockholders on, and became effective as of, May 3, 2023. The contents of the Registrant's
Registration Statements on Form S-8 (File Nos. 333-270731, 333-265064 and 333-260601) filed with the Securities and Exchange Commission
(the "Commission") on March 22, 2023, May 19, 2022, and October 29, 2021, respectively, relating to the 2021 EIP are incorporated
by reference into this Registration Statement, except to the extent supplemented, amended, or superseded by the information set forth
herein.
PART I
INFORMATION REQUIRED
IN THE SECTION 10(a) PROSPECTUS
Information
required by Part I to be contained in the Section 10(a) prospectus is omitted from this Registration Statement in accordance with Rule
428 under the Securities Act and the "Note" to Part I of Form S-8. The documents containing the information specified in
Part I will be delivered to the participants in the 2021 EIP as required by Rule 428(b)(1) under the Securities Act.
PART II
INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents
by Reference.
The
following documents previously filed by the Registrant with the Commission are incorporated by reference in this Registration Statement:
(a)
The Registrant's Annual Report on
Form 10-K
for the fiscal year ended December 31, 2022 (the "Annual Report"), filed with the Commission on March 16, 2023, which
includes audited financial statements for the Registrant's latest fiscal year;
(b)
  Portions of the Registrant's Definitive Proxy Statement on
Schedule
14A
for the 2023 Annual Meeting of Stockholders, filed with the Commission on March 20, 2023 that are incorporated by reference
into Part III of the Annual Report;
(c)
All other reports filed by the Registrant pursuant to Section 13(a) or 15(d)
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), since the end of the fiscal year covered by the
audited financial statements described in (a) above (other than portions of the Registrant's Current Reports on Form 8-K that are
furnished or otherwise not deemed to be filed); and
(d)
The description of the Registrant's Common Stock in our Registration Statement
on Form S-3 (as
Post-Effective Amendment No. 2
to Form S-1) filed on September 26, 2022, including any amendment or reports filed for
the purpose of updating such description.
All
documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act, prior to the filing
of a post-effective amendment to this Registration Statement which indicates that all of the shares of Common Stock offered have been
sold or which deregisters all of such shares then remaining unsold, shall be deemed to be incorporated by reference in this Registration
Statement and to be a part hereof from the date of the filing of such documents, except as to any portion of any future annual or quarterly
report to stockholders or document that is not deemed filed under such provisions.
For
purposes of this Registration Statement, any statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded to the extent that a statement contained herein or in any other subsequently filed
document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement
so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts
and Counsel.
None.
Item 6. Indemnification of Directors
and Officers.
Section
102(b)(7) of the Delaware General Corporation Law ("DGCL") provides that a corporation's certificate of incorporation
may contain a provision eliminating or limiting the personal liability of a director or an officer to the corporation or its stockholders
for monetary damages for breach of fiduciary duty as a director or an officer, provided that such provision shall not eliminate or limit
the liability of a director or an officer (i) for any breach of the director's or officer's duty of loyalty to the corporation
or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law,
(iii) under Section 174 of the DGCL, or (iv) for any transaction from which the director or officer derived an improper personal benefit,
and provided further that such provision shall not eliminate or limit the liability of an officer in any action by or in the right of
the corporation. The Registrant's Second Amended and Restated Certificate of Incorporation, as amended by the Certificate of Amendment
filed with the State of Delaware on May 9, 2023 (the "Amended Charter"), provides that no director or officer of the Registrant
shall be personally liable to it or its stockholders for monetary damages for any breach of fiduciary duty as a director or an officer,
notwithstanding any provision of law imposing such liability, except to the extent that the DGCL prohibits the elimination or limitation
of liability of directors or officers, as applicable, for breaches of fiduciary duty.
Section
145 of the DGCL provides that a corporation has the power to indemnify a director, officer, employee, or agent of the corporation, or
a person serving at the request of the corporation for another corporation, partnership, joint venture, trust, or other enterprise in
related capacities against expenses (including attorneys' fees), judgments, fines, and amounts paid in settlement actually and
reasonably incurred by the person in connection with an action, suit, or proceeding to which he or she is or was a party or is threatened
to be made a party to any threatened, ending, or completed action, suit, or proceeding by reason of such position, if such person acted
in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation, and, in any criminal
action or proceeding, had no reasonable cause to believe his conduct was unlawful, except that, in the case of actions brought by or
in the right of the corporation, no indemnification shall be made with respect to any claim, issue, or matter as to which such person
shall have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery or other adjudicating
court determines that, despite the adjudication of liability but in view of all of the circumstances of the case, such person is fairly
and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.
The Amended
Charter and the Amended and Restated Bylaws of the Registrant provide that the Registrant will indemnify each person who was or is a
party or threatened to be made a party to any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal,
administrative, or investigative (other than an action by or in the right of the Registrant), by reason of the fact that he or she is
or was, or has agreed to become, a director or officer, or is or was serving, or has agreed to serve, at the Registrant's request
as a director, officer, employee or agent of another corporation or of a partnership, joint venture, trust, other enterprise, or nonprofit
entity, including service with respect to an employee benefit plan (all such persons being referred to as an "Indemnitee"),
whether the basis of such proceeding is alleged action in an official capacity as a director, officer, employee, or agent, or in any
other capacity while serving as a director, officer, employee, or agent, against all liability and loss suffered and expenses (including,
without limitation, attorneys' fees, judgments, fines, ERISA excise taxes and penalties, and amounts paid in settlement) reasonably
incurred by such Indemnitee in connection with such proceeding. Expenses must be advanced to an Indemnitee under certain circumstances.
The
Registrant has entered into indemnification agreements with each of its directors and officers. These indemnification agreements may
require the Registrant, among other things, to indemnify its directors and officers for some expenses, including attorneys' fees,
judgments, fines, and settlement amounts incurred by a director or officer in any action or proceeding arising out of his or her service
as one of the Registrant's directors or officers, or any of its subsidiaries or any other company or enterprise to which the person
provides services at the Registrant's request.
The
Registrant maintains a general liability insurance policy that covers certain liabilities of directors and officers of the Registrant's
corporation arising out of claims based on acts or omissions in their capacities as directors or officers.
Item 7. Exemption from Registration
Claimed.
Not applicable.
Item 8. Exhibits.
Exhibit
                                            Number
Exhibit
                                            Description
Form
Date
Number
Filed
                                            Herewith
4.1
Second Amended and Restated Certificate of Incorporation of AEye, Inc.
8-K
8/23/2021
3.1
4.2
Certificate of Amendment of the Second Amended and Restated Certificate of Incorporation of AEye, Inc.
10Q
5/11/2023
3.2
4.3
Amended and Restated Bylaws of AEye, Inc.
8-K
8/23/2021
3.2
5.1
Opinion of Shearman & Sterling LLP.
X
10.1#
AEye, Inc. 2021 Amended and Restated Equity Incentive Plan.
14A
3/20/2023
23.1
Consent of Deloitte & Touche LLP.
X
23.2
Consent of Shearman & Sterling LLP (included in Exhibit 5.1).
X
24.1
Power of Attorney (included on the signature page).
X
107
Filing Fee Table.
X
#
Management contract or compensatory plan
Item 9. Undertakings.
(a) The undersigned Registrant hereby undertakes:
1.
To file, during any period in which offers or sales are being made, a post-effective amendment to this
Registration Statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration
statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change
in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or
high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule
424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price
set forth in the "Calculation of Registration Fee" table in the effective registration statement;
(iii)
To include any material information with respect to the plan of distribution not previously disclosed
in the registration statement or any material change to such information in the registration statement; provided, however, that clauses
(1)(i) and (1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those clauses
is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange
Act that are incorporated by reference in the registration statement.
2.
That, for the purpose of determining any liability under the Securities Act, each such post-effective
amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial
bona fide
offering thereof.
3.
To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.
(b)
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of
the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing
of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in
the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(c) Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers, and controlling persons
of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that
a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director,
officer, or controlling person of the Registrant in the successful defense of any action, suit, or proceeding) is asserted by such director,
officer, or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such
issue.
SIGNATURES
Pursuant
to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Dublin, State of California on the 9th day of June 2023.
AEYE, INC.
/s/
    Matthew Fisch
Matthew Fisch
Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each
person whose signature appears below constitutes and appoints Matthew Fisch and Conor B. Tierney as his or her true and lawful attorneys-in-fact
and agents, each of whom may act alone, with full power of substitution and resubstitution, for him or her and in his or her name, place
and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement
on Form S-8, and to sign any related registration statement that is to be effective upon filing pursuant to Rule 462(b) promulgated under
the Securities Act of 1933, as amended, and all post-effective amendments thereto, and to file the same, with all exhibits thereto, and
other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about
the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that
said attorneys-in-fact and agents or any of them, or his or their substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities
Act, this Registration Statement has been signed below by the following persons in the capacities indicated on the date indicated.
Signature
Title
Date
/s/ Matthew Fisch
Matthew Fisch
Chief Executive Officer and Chairman
June 9,
    2023
(Principal Executive Officer)
/s/ Conor B. Tierney
Conor B. Tierney
Chief Financial Officer and Treasurer
June 9,
    2023
(Principal Financial Officer)
/s/ Timothy J. Dunn
Timothy J. Dunn
Director
June 9,
    2023
/s/
Luis C. Dussan
Luis C. Dussan
Director
June 9,
    2023
/s/ Prof. Dr. Bernd Gottschalk
Prof. Dr. Bernd Gottschalk
Director
June 9,
    2023
/s/ Wen H. Hsieh
Wen H. Hsieh
Director
June 9,
    2023
/s/ Sue E. Zeifman
Sue E. Zeifman
Director
June 9,
    2023