AEye to Now Host Virtual Investor Day on July 16, 2021
June 18 2021 - 4:14PM
Business Wire
AEye, Inc. (“AEye”), the global leader in active,
high-performance LiDAR solutions, and CF Finance Acquisition Corp.
III (Nasdaq: CFAC) (“CF III”), a special purpose acquisition
company, today announced that, due to schedule conflicts, the
virtual Investor Day previously scheduled for June 23, 2021, will
now take place on July 16, 2021. The event will begin at 11:00 AM
EDT/8:00 AM PDT and is expected to conclude at 12:15 PM EDT/9:15 AM
PDT. The virtual format will feature presentations from AEye
executives, including CEO Blair LaCorte, Co-Founder, President and
CTO Luis Dussan, Chief Scientist Dr. Allan Steinhardt, COO Rick
Tewell, and CFO Bob Brown. Perspectives on LIDAR from key players
in the automotive, industrial, and mobility markets will also be
shared at the event.
AEye previously announced a merger with CF Finance Acquisition
Corp. III (Nasdaq: CFAC) (“CF III”), a special purpose acquisition
company sponsored by Cantor Fitzgerald. Upon closing, AEye will
trade on Nasdaq under the ticker symbol “LIDR”.
A webcast of the virtual Investor Day will be available on
AEye’s Investor Relations website,
https://www.aeye.ai/investor_relations/. A replay of the webcast
will be available following the presentation.
About AEye AEye is the
premier provider of high-performance, active LiDAR systems for
vehicle autonomy, advanced driver-assistance systems (ADAS), and
robotic vision applications. AEye’s AI-enabled and
software-definable iDAR™ (Intelligent Detection and Ranging)
platform combines solid-state active LiDAR, an optionally fused
low-light HD camera, and integrated deterministic artificial
intelligence to capture more intelligent information with less
data, enabling faster, more accurate, and more reliable perception.
The company is based in the San Francisco Bay Area and backed by
world-renowned financial investors including Kleiner Perkins and
Taiwania Capital, as well as GM Ventures, Continental AG, Hella
Ventures, LG Electronics, Subaru-SBI, Pegasus Ventures (Aisin),
Intel Capital, SK Hynix and Airbus Ventures.
About CF Finance Acquisition Corp.
III CF Finance Acquisition Corp. III is a newly
organized blank check company formed for the purpose of effecting a
merger, capital stock exchange, asset acquisition, stock purchase,
reorganization, or similar business combination with one or more
businesses. CF III focuses on industries where its management team
and founders have experience and insights and can bring significant
value to business combinations. CF Finance Acquisition Corp. III is
led by Chairman and Chief Executive Officer Howard W. Lutnick.
Important Information and Where to Find It AEye and CF
III have entered into a merger agreement in connection with a
proposed business combination. This press release does not
constitute an offer to sell or exchange, or the solicitation of an
offer to buy or exchange, any securities, nor shall there be any
sale of securities in any jurisdiction in which such offer, sale or
exchange would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. In connection
with the proposed business combination, CF III has filed a
preliminary registration statement on Form S-4, which includes a
preliminary proxy statement/prospectus. Following effectiveness of
the registration statement, the definitive proxy
statement/prospectus will be sent to all CF III stockholders. CF
III also will file other documents regarding the proposed
transaction with the SEC. Before making any voting or investment
decision, investors and security holders of CF III are urged to
read the registration statement, the proxy statement/prospectus and
all other relevant documents filed or that will be filed with the
SEC in connection with the proposed transaction as they become
available because they will contain important information about the
proposed business combination.
Investors and security holders will be able to obtain free
copies of the proxy statement/prospectus and all other relevant
documents filed or that will be filed with the SEC by CF III
through the website maintained by the SEC at www.sec.gov or by
directing a request to CF III to 110 East 59th Street, New York, NY
10022 or via email at CFFinanceIII@cantor.com or at (212)
938-5000.
Participants in the Solicitation CF III and AEye and
their respective directors and executive officers may be deemed to
be participants in the solicitation of proxies from CF III’s
stockholders in connection with the proposed business combination.
Information about CF III’s directors and executive officers and
their ownership of CF III’s securities is set forth in CF III’s
filings with the SEC. Additional information regarding the
interests of those persons and other persons who may be deemed
participants in the proposed business combination may be obtained
by reading the proxy statement/prospectus regarding the proposed
transaction when it becomes available. You may obtain free copies
of these documents as described in the preceding paragraph.
Forward-Looking Statements Certain statements in this
presentation may constitute “forward-looking statements” within the
meaning of the federal securities laws. Forward-looking statements
include, but are not limited to, statements regarding CF III’s and
AEye’s expectations, hopes, beliefs, intentions or strategies
regarding the future. In addition, any statements that refer to
projections, forecasts or other characterizations of future events
or circumstances, including any underlying assumptions, are
forward-looking statements. The words “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “intend,” “may,”
“might,” “plan,” “possible,” “potential,” “predict,” “project,”
“should,” “strive,” “would” and similar expressions may identify
forward-looking statements, but the absence of these words does not
mean that a statement is not forward-looking. Forward-looking
statements are predictions, projections and other statements about
future events that are based on current expectations and
assumptions and, as a result, are subject to risks and
uncertainties. You should carefully consider the risks and
uncertainties described in the “Risk Factors” section of CF III’s
registration statement on Form S-1, the proxy statement/prospectus
on Form S-4 relating to the business combination, which is expected
to be filed by CF III with the SEC, and other documents filed by CF
III from time to time with the SEC. These filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Forward-looking statements speak
only as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and CF III and AEye
assume no obligation and do not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise. Neither CF III nor AEye gives any
assurance that either CF III or AEye will achieve its
expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20210618005551/en/
Media Contact: AEye, Inc. Jennifer Deitsch
jennifer@aeye.ai 925-400-4366 Investors: Financial Profiles,
Inc. Matt Keating AEye@finprofiles.com 310-622-8230 John Brownell
AEye@finprofiles.com 310-622-8489
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