As filed with the Securities and Exchange Commission
on May 19, 2026.
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 |
|
(I.R.S. Employer |
| incorporation or organization) |
|
Identification No.) |
| |
|
|
| 4670 Willow Road, Suite 125 |
|
|
| Pleasanton, California |
|
94588 |
| (Address of Principal Executive Offices) |
|
(Zip Code) |
AEye, Inc. 2021 Equity Incentive Plan
(Full title of the plans)
Matthew Fisch
Chief Executive Officer
4670 Willow Road, Suite 125
Pleasanton, California 94588
(925) 400-4366
(Name, address and telephone number, including
area code, of agent for service)
With copies to:
Aslam Rawoof
Zachary Dann
Benesch Friedlander Coplan & Aronoff LLP
1155 Avenue of the Americas, Floor 26
New York, New York 10036
Telephone: (646) 593-7050
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”)
with the United States Securities and Exchange Commission (the “Commission”) to register 6,750,000 additional shares of the
Registrant’s common stock, par value of $0.0001 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 12, 2026.
The contents of the Registrant’s
Registration Statements on Form S-8 (File Nos. 333-292659, 333-286365, 333-280309, 333-272570, 333-270731, 333-265064 and
333-260601) filed with the Commission on January 9, 2026, April 3, 2025, June 18, 2024, June 9, 2023, March 22, 2023, May 19, 2022
and October 29, 2021 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, 2025, filed with the Commission on March 18, 2026, which includes audited financial statements
for the Registrant’s latest fiscal year and the description of the shares of Common Stock contained in Exhibit 4.8 thereto, including
any amendment or reports filed for the purpose of updating such description;
(b) The Registrant’s Quarterly Report on
Form 10-Q for the fiscal quarter ended March 31, 2026, filed with the Commission on May 14, 2026;
(c) The Registrant’s Current Reports on
Form 8-K, filed with the Commission on February
11, 2026, March 16,
2026, May 6,
2026, May 12,
2026 and May 15, 2026 (excluding any portions of such reports deemed to have been furnished under Item 2.02 or Item 7.01 and any
exhibits included with such Items);
(d) 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).
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 was or is 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.
| # | 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 Pleasanton,
State of California on the 19th day of May 2026.
| AEYE, INC. |
|
| |
|
| /s/ Matthew Fisch |
|
| Matthew Fisch |
|
| Chairman and 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 |
|
Chairman
and Chief Executive Officer |
|
May
19, 2026 |
| Matthew
Fisch |
|
(Principal
Executive Officer) |
|
|
| |
|
|
|
|
| /s/
Conor B. Tierney |
|
Chief
Financial Officer and Treasurer |
|
May
19, 2026 |
| Conor
B. Tierney |
|
(Principal
Financial Officer) |
|
|
| |
|
|
|
|
| /s/
Timothy J. Dunn |
|
Director |
|
May
19, 2026 |
| Timothy
J. Dunn |
|
|
|
|
| |
|
|
|
|
| /s/
Prof. Dr. Bernd Gottschalk |
|
Director |
|
May
19, 2026 |
| Prof.
Dr. Bernd Gottschalk |
|
|
|
|
| |
|
|
|
|
| /s/
Jonathon B. Husby |
|
Director |
|
May
19, 2026 |
| Jonathon
B. Husby |
|
|
|
|
| |
|
|
|
|
| /s/
Doron Simon |
|
Director |
|
May
19, 2026 |
| Doron
Simon |
|
|
|
|
| |
|
|
|
|
| /s/
Sue E. Zeifman |
|
Director |
|
May
19, 2026 |
| Sue
E. Zeifman |
|
|
|
|
