April 10, 2021
Business News

AEye and CF Finance Acquisition Corp. III Announce Continental AG’s Participation in $225 Million Pipe Offering


DUBLIN, Calif. & NEW YORK–()–AEye, Inc., (“AEye”) the global leader in active, high-performance LiDAR solutions and CF Finance Acquisition Corp. III (“CF III”; Nasdaq: CFAC), a special purpose acquisition company sponsored by Cantor Fitzgerald, today announced that Continental AG is participating in the PIPE offering connected with the company’s recently announced merger agreement. Continental, a leading Tier 1 automotive supplier, previously made a minority investment in AEye in October 2020.

Blair LaCorte, CEO of AEye said, “We are thrilled that Continental, a valued partner and strategic investor, is participating in our $225 million PIPE offering, along with top tier institutional and strategic…



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