{"id":842518,"date":"2025-04-28T08:49:39","date_gmt":"2025-04-28T12:49:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/aeye-sends-letter-to-stockholders-regarding-the-2025-annual-meeting\/"},"modified":"2025-04-28T08:49:39","modified_gmt":"2025-04-28T12:49:39","slug":"aeye-sends-letter-to-stockholders-regarding-the-2025-annual-meeting","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aeye-sends-letter-to-stockholders-regarding-the-2025-annual-meeting\/","title":{"rendered":"AEye Sends Letter to Stockholders Regarding the 2025 Annual Meeting"},"content":{"rendered":"

<\/p>\n

AEye Sends Letter to Stockholders Regarding the 2025 Annual Meeting<\/b><\/p>\n

Reaffirms the Company\u2019s Focus on Driving Long-Term Value Creation<\/i><\/b><\/p>\n

Urges Stockholders to Vote Only with the WHITE<\/span> Proxy Card “FOR” ALL Company Proposals, Including AEye\u2019s Highly Qualified Director Nominees, and \u201cAGAINST\u201d ALL Shareholder Proposals<\/i><\/b><\/p>\n

PLEASANTON, Calif.–(BUSINESS WIRE<\/a>)–
\nAEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, sent a letter to stockholders today highlighting key information to support informed voting at its upcoming annual meeting on May 15, 2025. Stockholders of record as of April 4, 2025 are entitled to vote at this year\u2019s meeting.\n<\/p>\n

\nAEye urges stockholders to protect their investment and the future of the Company by voting only on the WHITE<\/span> proxy card \u201cFOR\u201d AEye\u2019s nominees, Timothy Dunn and Sue Zeifman, and \u201cAGAINST\u201d the dissident nominees. AEye strongly opposes dissident nominees Ransom Wuller and Pamela Bauer, as their lack of qualifications, independence, and track record pose significant risk to the Company and its stockholders.\n<\/p>\n

\nAEye\u2019s current Board and management team bring critical, business-relevant expertise and are repositioning the Company to capture the significant opportunity in the lidar market. As we continue to execute our strategy and deliver advanced products like Apollo, we remain focused on creating value for our stockholders.\n<\/p>\n

\nThe Board and management team are more optimistic than ever about the Company\u2019s long-term outlook and strategic direction. We must stay the course and re-elect the Company\u2019s highly qualified nominees, Timothy Dunn and Sue Zeifman, to support our revitalized strategy and path to profitability at this pivotal time.\n<\/p>\n

\nThe Company\u2019s proxy statement, which contains other important information related to voting at the Annual Meeting, as well as the accompanying WHITE<\/span> proxy card and other relevant documents can be found at investors.aeye.ai\/financial-information\/sec-filings<\/a> or at the SEC\u2019s website at www.sec.gov<\/a>.\n<\/p>\n

\nThe full text of the letter follows:\n<\/p>\n

\n***\n<\/p>\n

\nApril 28, 2025\n<\/p>\n

\nDear Fellow Stockholders of AEye, Inc.:\n<\/p>\n

\nThank you for your continued investment and interest in AEye, Inc. (\u201cAEye\u201d or the \u201cCompany\u201d).\n<\/p>\n\n\n
\n

Your vote at this year\u2019s 2025 annual meeting of stockholders (the \u201cAnnual Meeting\u201d), scheduled for May 15, 2025, is critically important<\/i>.<\/b><\/p>\n

\n\u00a0\n<\/p>\n

To protect your investment, we strongly recommend that you vote the enclosed WHITE<\/span> proxy card today \u201cFOR\u201d both of AEye\u2019s qualified and experienced director nominees: <\/b>Timothy J. Dunn and Sue E. Zeifman.<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nThis year will mark our fourth annual meeting of stockholders since becoming a public company, and we are excited by AEye\u2019s strategic path and outlook to create and maximize long-term stockholder value.\n<\/p>\n

\nSince 2023, our Board of Directors (\u201cBoard\u201d) and new leadership team have executed on a clear strategy that generates fundamental growth for the business and best positions AEye for long-term success. As you may be aware from prior communications, we are in the middle of a pivotal process of revitalizing our business and refocusing our strategy to capture the significant opportunity in the lidar market. We are excited by our recent innovation in advanced, market-ready lidar solutions, like Apollo, and our renewed ability to execute on our aggressive growth goals.\n<\/p>\n

\nOur Chairman and CEO, Matthew Fisch, inherited a company with great technological promise but facing several significant challenges, including undisciplined capital allocation and product development that left the company in peril. Mr. Fisch has remained focused on building a resilient business capable of withstanding economic headwinds while prioritizing innovation and customer growth. In the two years since he joined the Company, AEye has:\n<\/p>\n