AEye, Global Leader in Active, High-Performance LiDAR Solutions, to Go Public Through Merger with CF Finance Acquisition Corp. III
AEye’s proprietary active-sensing, intelligent LiDAR technology delivers industry-leading performance that solves the most difficult challenges in delivering partial or full autonomy Validated by key partnerships with premier Tier 2 and Tier 1 automotive suppliers that enable a capital light, high growth business model for volume production Transaction values AEye at a pro-forma enterprise value of $2.0 billion and delivers up to $455 million of gross proceeds to fully fund the company through profitability Proceeds include up to $230 million in…