Dussan Trusts Amend AEye, Inc. Stake Filing
Ticker: LIDRW · Form: SC 13D/A · Filed: May 30, 2024 · CIK: 1818644
Sentiment: neutral
Topics: schedule-13d, amendment, beneficial-ownership
Related Tickers: LIDR
TL;DR
Dussan trusts updated their AEye stake filing - watch for ownership changes.
AI Summary
Luis Dussan, through the Jennifer Dussan Trust and Luis Dussan Trust, has amended their Schedule 13D filing for AEye, Inc. as of May 28, 2024. This amendment, designated as Amendment No. 2, updates their previous filings concerning their beneficial ownership of AEye, Inc. common stock. The filing does not specify the exact percentage of ownership or any new transactions but indicates a change in reporting status.
Why It Matters
This filing indicates ongoing reporting and potential adjustments to beneficial ownership by key individuals associated with AEye, Inc., which could signal strategic shifts or investor activity.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings can indicate changes in significant beneficial ownership, which may impact stock price and corporate control.
Key Players & Entities
- Luis Dussan (person) — Filing person and beneficiary of trusts
- Jennifer Dussan Trust A U/A/D 5/18/2022 (company) — Group member filing beneficial ownership information
- Luis Dussan Trust A U/A/D 5/18/2022 (company) — Group member filing beneficial ownership information
- AEye, Inc. (company) — Subject company
- CF Finance Acquisition Corp. III (company) — Former company name of AEye, Inc.
FAQ
What is the specific date of the event requiring this Schedule 13D/A filing?
The date of the event which requires filing of this statement is May 28, 2024.
Who are the group members filing this Schedule 13D/A?
The group members are Jennifer Dussan Trust A U/A/D 5/18/2022 and Luis Dussan Trust A U/A/D 5/18/2022.
What is the CUSIP number for AEye, Inc. common stock?
The CUSIP number for AEye, Inc. common stock is 008183105.
What was the former name of AEye, Inc.?
The former name of AEye, Inc. was CF Finance Acquisition Corp. III.
What is the business address for AEye, Inc.?
The business address for AEye, Inc. is One Park Place, Suite 200, Dublin, CA 94568.
Filing Stats: 2,081 words · 8 min read · ~7 pages · Grade level 11.1 · Accepted 2024-05-30 19:58:11
Key Financial Figures
- $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
- $2.60 — ple transactions at prices ranging from $2.60 to $2.68, inclusive. The Reporting Pers
- $2 — actions at prices ranging from $2.60 to $2.68, inclusive. The Reporting Persons he
- $2.14 — ple transactions at prices ranging from $2.14 to $2.57, inclusive. The Reporting Pers
- $2.42 — ple transactions at prices ranging from $2.42 to $3.11, inclusive. The Reporting Pers
- $3 — actions at prices ranging from $2.42 to $3.11, inclusive. The Reporting Persons he
- $4.00 — ple transactions at prices ranging from $4.00 to $4.99, inclusive. The Reporting Pers
- $4 — actions at prices ranging from $4.00 to $4.99, inclusive. The Reporting Persons he
- $5.00 — ple transactions at prices ranging from $5.00 to $5.04, inclusive. The Reporting Pers
- $5 — actions at prices ranging from $5.00 to $5.04, inclusive. The Reporting Persons he
- $4.1803 — ple transactions at prices ranging from $4.1803 to $4.20, inclusive. The Reporting Pers
Filing Documents
- ss3452115_sc13da.htm (SC 13D/A) — 80KB
- 0000947871-24-000543.txt ( ) — 81KB
of the Prior Statements is hereby amended and
Item 5 of the Prior Statements is hereby amended and restated as follows: The information set forth in or incorporated by reference in Items 2 and 3 and on the cover pages of this Amendment No. 2 is incorporated by reference in its entirety into this Item 5. (a) and (b) The following sets forth, as of the date of the Amendment No. 2, the aggregate number of shares of Common Stock and percentage of shares of Common Stock beneficially owned by Reporting Persons, as well as the number of shares of Common Stock as to which the Reporting Persons have the sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition of, or shared power to dispose or to direct the disposition of, as of the date hereof, based on 6,629,728 shares of Common Stock issued and outstanding as of May 10, 2024 based on the Issuer’s Quarterly Report on Form 10-Q filed on May 14, 2024. Reporting Person Amount beneficially owned Percent of class Sole power to vote or to direct the vote Shared power to vote or to direct the vote Sole power to dispose or to direct the disposition Shared power to dispose or to direct the disposition Luis Dussan 284,325.3 4.29% 284,325.3 0 284,325.3 0 Luis Dussan Trust A U/A/D 5/18/2022 244,832 3.69% 0 244,832 0 244,832 Jennifer Dussan Trust A U/A/D 5/18/2022 36,000 0.05% 0 36,000 0 36,000 (c) The following table sets forth all transactions with respect to the Issuer’s Common Stock during the past sixty days: Seller Date of Transaction Nature of Transaction Amount of Securities Price Per Share When and How the Transaction was Effected Luis Dussan Trust A U/A/D 5/18/2022 05/17/2024 Sale of Common Stock 55,043 $ 2.6100 (1) Open Market Sale Luis Dussan Trust A U/A/D 5/18/2022 05/20/2024 Sale of Common Stock 105,076 $ 2.4056 (2) Open Market Sale Luis Dussan Trust A U/A/D 5/18/2022 05/
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: May 30, 2024 /s/ Luis Dussan Luis Dussan Luis Dussan Trust A U/A/D 5/18/2022 Dated: May 30, 2024 By: /s/ Luis Dussan Luis Dussan Title: Trustee Jennifer Dussan Trust A U/A/D 5/18/2022 Dated: May 30, 2024 By: /s/ Luis Dussan Luis Dussan Title: Trustee