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…

Click here to view the original article.

Related Posts

You might also like ...

Article feature image
Why Amazon Workers in Alabama Voted Against Union – The Wall Street Journal
Article feature image
Logan Paul: My Pokemon passion turned into a $2M ‘addiction,’ led me to NFTs
Article feature image
Stimulus check status update: IRS payment schedule, when your plus-up money might arrive – CNET