SCHEDULE: GM Entities Divest Entire Stake in AEye, Inc.

General Motors Ventures, Holdings, and Company have filed an amended Schedule 13G, reporting zero beneficial ownership of AEye, Inc. Class A Common Stock.

Summary

• General Motors Ventures LLC, General Motors Holdings LLC, and General Motors Company (collectively, "Reporting Persons") filed an Amendment No. 2 to Schedule 13G.
• The filing reports their beneficial ownership of AEye, Inc. Class A Common Stock, $0.0001 par value per share.
• As of the event date 09/10/2025, the Reporting Persons beneficially own 0 shares of AEye, Inc. Class A Common Stock.
• This represents 0.0% of the outstanding Class A Common Stock.
• The percentage calculation is based on 40,293,121 shares outstanding as of August 15, 2025, as reported in AEye, Inc.'s Rule 424(b)(3) Prospectus.
• The Reporting Persons certify that the securities were not acquired and are not held for the purpose of changing or influencing control of AEye, Inc.

Sentiment

Score: 4

Explanation: Slightly negative for AEye due to the divestment of a strategic investor, but neutral for GM as it represents a portfolio adjustment. The filing itself is a factual disclosure of ownership change.

Positives

• For General Motors, the divestment of its stake in AEye, Inc. could represent a strategic reallocation of capital or a shift in investment focus.

Negatives

• General Motors entities, previously holding a reportable stake, now report 0% beneficial ownership of AEye, Inc. Class A Common Stock, indicating a complete divestment or reduction below the reporting threshold.
• The departure of General Motors as a beneficial owner could be perceived as a loss of a significant strategic investor or partner for AEye, Inc.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding AEye, Inc. or General Motors' future plans.

Industry Context

This filing indicates that General Motors entities no longer hold a reportable stake in AEye, Inc., a company specializing in lidar technology for autonomous driving. This divestment could signal a shift in GM's investment strategy or a re-evaluation of its direct stake in specific automotive technology suppliers, potentially impacting market perception of AEye within the competitive lidar sector.

Stakeholder Impact

• Shareholders of AEye, Inc. may view the complete divestment by General Motors entities as a negative signal, potentially impacting investor confidence or the perceived strategic value of AEye's technology.
• For General Motors, this action reflects a change in its investment portfolio, potentially freeing up capital for other strategic initiatives.

Key Dates

Keywords

AEye, General Motors, GM Ventures, GM Holdings, Schedule 13G, beneficial ownership, common stock, automotive, lidar, divestment