Considering the fact that AEye went community by merging with a specific-objective acquisition company in August 2021, shareholders have had a rough go. The laser-technology company’s inventory is down in excess of 90% in the midst of skipped income projections and the broader rout in growth stocks.
The organization that ran the SPAC has fared considerably far better. The financial-products and services organization Cantor Fitzgerald LP invested considerably less than $10 million in the offer, but has because reaped at least $35 million in service fees relevant to the listing, share income and the worth of remaining holdings, securities filings show.
