Continental participates in AEye’s USD225 million PIPE offering

Corporate developments

Apart from Continental, existing investors of AEye including GM Ventures, Subaru-SBI, Intel Capital, Hella Ventures, and Taiwania Capital are also participate in PIPE offering

On 17 February, US-based intelligent lidar technology startup AEye reached a merger agreement with CF Finance Acquisition Corp. III (CF III), a special purpose acquisition company (SPAC) sponsored by Cantor Fitzgerald, to become a public listed company.

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