LIDR 8-K
AEye, Inc. (LIDR)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01. | Other Events. |
On July 30, 2025, AEye, Inc. (the “Company”) received written notice from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company had regained compliance with Nasdaq Listing Rule 5550(a)(2) (“Rule 5550(a)(2)”) by maintaining a minimum closing bid price of the Company’s common stock of at least $1.00 per share for the ten consecutive business day period from July 16, 2025 to July 29, 2025 and that this matter is now closed.
As previously reported, on March 11, 2025, Nasdaq notified the Company that for the prior 30 consecutive business days, the closing bid price for the Company’s common stock had been below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market pursuant to Rule 5550(a)(2) and that the Company had 180 days, or until September 8, 2025, to evidence compliance with Rule 5550(a)(2).
On July 30, 2025, the Company issued a press release disclosing the fact that it has regained compliance with the minimum closing bid price requirement. A copy of the press release is included herewith as Exhibit 99.1 and incorporated herein by reference.
| Item 9.01. | Financial Statement and Exhibits. |
| (d) | Exhibits. |
| Exhibit Number | Description |
| 99.1 | Press Release dated July 30, 2025 |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AEye, Inc. | |||
| Dated: July 30, 2025 | |||
| By: | /s/ Andrew S. Hughes | ||
| Andrew S. Hughes | |||
| Senior Vice President, General Counsel & Corporate Secretary | |||
AEye Regains Compliance with Nasdaq’s Minimum Bid Price Requirement
PLEASANTON, Calif. – (BUSINESS WIRE) – July 30, 2025 – AEye, Inc. (Nasdaq: LIDR), a pioneer in high-performance lidar technology and creator of the Apollo lidar sensor, today announced that it received formal written notification from The Nasdaq Stock Market, LLC (“Nasdaq”) confirming that the company has regained compliance with Nasdaq’s minimum bid price requirement.
The regaining of compliance is a result of the closing bid price of the company’s ordinary shares being at least $1.00 for a minimum of 10 consecutive business days prior to the September 8, 2025 deadline, as described in the initial notice from Nasdaq to the company dated March 11, 2025.
The closing bid price has been $1.00 per share or greater for the 10 consecutive business days from July 16, 2025 to July 29, 2025. Accordingly, the Nasdaq Listing Qualifications Staff has notified the company that it has determined that the company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and the matter is now closed.
About AEye
AEye offers unique software-defined lidar solutions that enable advanced driver-assistance, vehicle autonomy, smart infrastructure, security, and logistics applications that save lives and propel the future of transportation and mobility. AEye’s flagship product, Apollo, has been widely recognized for its small form factor and its ability to detect objects at up to one kilometer. In addition to Apollo as a stand-alone sensor, AEye also offers a full-stack solution through its OPTIS™ platform. OPTIS™ provides a complete system that captures a high-resolution 3D image of the world, interprets it, and provides direction to act upon what it sees in real-time.
Investor Relations Contacts:
Agency Contact
Evan Niu, CFA
Financial Profiles, Inc.
310-622-8243
Company Contact
AEye, Inc. Investor Relations
925-400-4366