Applied Optoelectronics, Inc. 8-K Filings

Applied Optoelectronics, Inc. (AAOI) entered into a Purchase and Sale Agreement with Blue Ridge Commerce Center West LLC to acquire a real estate property in Houston, Texas, in connection with exercising a one-time purchase option under a prior lease. The property at 16851 Blue Ridge Commerce Dr., Building 3, consists of approximately 8.858 acres of land and an approximately 153,928 rentable-square-foot building, plus related personal property. The company paid an aggregate cash purchase price of $26,783,472 at closing on September 4, 2026, and received the property by special warranty deed, subject to permitted encumbrances. Applied Optoelectronics plans to use the facility for office, warehouse, light manufacturing and assembly purposes.

Applied Optoelectronics, Inc. (AAOI) entered into two long-term industrial leases with Hightower Phase II Owner, LLC for newly constructed Buildings 4 and 5 in Houston, Texas, for light manufacturing, warehouse and related uses. Substantial completion is anticipated about 16 months after the August 31, 2026 lease date, with each lease running an initial term of 120 full calendar months from commencement.

Building 4 comprises approximately 356,186 rentable square feet, with monthly basic rent starting at $220,835.32 and rising to $307,582.40 in Lease Months 109–120. Building 5 comprises approximately 737,621 rentable square feet, with monthly basic rent starting at $457,325.02 and rising to $636,968.43 in Lease Months 109–120. AAOI must provide aggregate security deposits of $11.3 million and pay about $2.55 million for structural-steel design modifications for potential future rooftop solar panels.

AAOI holds an option to purchase Buildings 4 and 5 together for an aggregate $146,570,138, subject to limited upward adjustment at $134 per square foot, with any aggregate increase capped at 1%. The leases include delivery, casualty, condemnation and Phase I–linked termination rights, as well as customary operating cost, insurance, assignment, sublease, and default provisions.

Applied Optoelectronics, Inc. (AAOI) reports that its Board of Directors approved and adopted an updated form of indemnification agreement for directors and certain executive officers. This new agreement will replace and supersede existing indemnification agreements and will also be used for future directors and applicable executive officers.

The updated agreement is intended to reflect current market indemnification practices and the company’s governance documents, provide greater clarity and reduce uncertainty regarding indemnification and expense advancement rights, and address matters related to directors’ and officers’ liability insurance coverage. It generally provides indemnification to the fullest extent permitted by the company’s bylaws and applicable law and includes advancement of expenses, such as attorneys’ fees, for proceedings arising from service to the company or, at its request, to other entities, subject to specified terms and limitations.

Applied Optoelectronics, Inc. (AAOI) entered into an Equity Distribution Agreement with Raymond James & Associates, Inc. and Needham & Company, LLC that allows the company to issue and sell shares of its common stock with an aggregate offering price of up to $600 million from time to time.

Sales will be made through the sales agents as “at the market” offerings under Rule 415 on the Nasdaq Global Market or other existing trading markets, based on placement notices specifying share limits, time periods and minimum prices. The company is not obligated to sell any shares and may suspend or terminate the program at any time.

The sales agents will receive 2% of the gross sales price of shares sold and may be reimbursed for certain expenses under specified caps. The shares are registered under an automatic shelf registration statement on Form S-3ASR and a related prospectus supplement filed on August 21, 2026.

Applied Optoelectronics, Inc. reported that on August 6, 2026 it issued a press release providing its financial results for the second quarter ended June 30, 2026. The press release is furnished as Exhibit 99.1.

The company states that this earnings information and the related exhibits are furnished, not filed, so they are not deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 or incorporated by reference into other securities filings, except where specifically referenced. The company also provided an Inline XBRL cover page as Exhibit 104.

Applied Optoelectronics, Inc. has signed a design-build agreement with LCC3 Solution Inc. for a major expansion of its manufacturing capacity in Houston, Texas. The project covers design and construction of about 195,591 square feet of ISO Class 6 cleanroom space, plus office and logistics areas, for a total contract amount of approximately $94.1 million.

The contract runs on monthly progress payments with a 10% retainage held until final completion. It includes liquidated damages for delays capped at $4.9 million, along with potential schedule and performance incentives totaling up to $15.8 million. Substantial completion is targeted for January 10, 2027.

Applied Optoelectronics, through its wholly owned subsidiary Global Technology, entered a new one-year credit line agreement with Shanghai Pudong Development Bank in Ningbo, China. The bank agreed to provide a credit line of up to RMB 500,000,000 to support working capital and general operations.

This new facility replaces a prior RMB 250,000,000 credit arrangement and allows Global Technology to draw funds between May 21, 2026 and May 21, 2027. The line can be used for working capital loans, fixed asset loans, and bank acceptance bills, and is secured by previously mortgaged real property.

Applied Optoelectronics, Inc. reported the results of its 2026 annual shareholder meeting, where investors approved a new 2026 Equity Incentive Plan authorizing the issuance of an additional 2,500,000 shares of common stock and replacing the company’s prior equity plans.

Shareholders also elected two Class I directors, ratified PricewaterhouseCoopers LLP as independent auditor for the year ending December 31, 2026, approved an advisory say‑on‑pay resolution, and adopted a charter amendment clarifying future voting standards. A proposal to adjourn the meeting, if necessary, was likewise approved. In total, 51,375,083 shares, or 64.18% of the 80,047,663 shares entitled to vote, were represented at the meeting.

Applied Optoelectronics, Inc. entered into an Equity Distribution Agreement with Raymond James & Associates and Needham & Company, allowing it to issue and sell up to $600 million of common stock through at-the-market offerings over time.

Sales will be made on Nasdaq or other markets pursuant to placement notices that set the share amount, time period, minimum price, and daily limits. The company is not obligated to sell any shares and can suspend or terminate the program at any time.

The sales agents will use commercially reasonable efforts to place stock and will receive a 2% commission on gross sales. Applied Optoelectronics will reimburse certain regulatory expenses up to $10,000, and in specified termination scenarios may reimburse additional out-of-pocket costs up to $30,000. The shares are registered under an existing automatic shelf registration on Form S-3ASR and a related prospectus supplement.

Applied Optoelectronics, Inc. entered into three long-term industrial leases in Houston, Texas, for manufacturing, warehouse, and office use. The initial lease term for each building is 123 full calendar months, with an initial three-month rent abatement period and periodic rent escalations thereafter. The company will also pay its share of operating costs, taxes, and insurance.

Building 1 at 6000 McHard Road covers approximately 163,930 rentable square feet plus a 3.34-acre adjacent tract, with monthly basic rent starting at $104,915.20 in month four and increasing to $146,127.30 in months 112–123, and additional rent on the tract starting at $6,680.00 and rising to $9,303.99. Building 2 at 6100 McHard Road (approximately 343,332 rentable square feet) has rent starting at $205,999.20, increasing to $286,918.45, while Building 3 at 17255 Chimney Rock Road (approximately 228,954 rentable square feet) has rent starting at $146,530.56, increasing to $204,089.73.

Each lease includes a purchase and sale agreement giving the company an option to buy all three buildings and related land for an aggregate purchase price of $102,250,000, with earnest money of $1,758,750 and an expected closing 45 days after exercising the option, subject to the PSAs’ terms. The leases contain customary covenants, restrictions, insurance requirements, indemnities, default provisions, remedies, and termination rights tied to delivery delays, casualty, and condemnation.

Applied Optoelectronics, Inc. has changed its independent auditor, dismissing Grant Thornton LLP and appointing PricewaterhouseCoopers LLP for the fiscal year ending December 31, 2026. Grant Thornton will still review the company’s consolidated financial statements for the quarter ending March 31, 2026.

Grant Thornton’s audit reports for the years ended December 31, 2024 and 2025 contained no adverse opinions, disclaimers, or qualifications, and there were no disagreements or reportable events under Regulation S‑K. A previously disclosed material weakness in controls over review of technical accounting analysis was remediated as of December 31, 2025.

Applied Optoelectronics reported strong Q1 2026 growth but remained unprofitable. Revenue reached $151.1 million, up from $99.9 million a year earlier, driven by demand in both datacenter and CATV segments. Datacenter revenue rose to $81.4 million and CATV revenue to $66.8 million.

The company posted a GAAP net loss of $14.3 million, or $0.19 per share, and a non-GAAP net loss of $4.9 million. Adjusted EBITDA improved to $1.0 million. Cash, cash equivalents and restricted cash increased to $449.4 million. For Q2 2026, AOI expects revenue of $180–$198 million and non-GAAP gross margin of 29%–30%, with non-GAAP net results ranging from a $2.5 million loss to $2.8 million profit.

Applied Optoelectronics, Inc. entered into a Purchase and Sale Agreement to acquire two industrial properties in Pearland, Texas for $58,428,612.00. The sites at 14621 Kirby Drive and 11555 North Spectrum Boulevard total approximately 388,133 square feet and are intended for office, warehouse, manufacturing, and assembly use.

The Company must deposit $1,168,512.00 with the title company within three business days after signing. Closing is scheduled for April 17, 2026, with a Company option to accelerate the date by written notice. The agreement includes customary representations, warranties, covenants, closing conditions, risk allocation provisions, and termination rights, including rights tied to specified title issues, casualty or condemnation events, and failures of closing conditions.

Applied Optoelectronics, Inc. amended its equity distribution agreement with Raymond James and Needham to expand its at-the-market common stock offering capacity to an aggregate offering price of $500 million.

As of March 12, 2026, the company had sold 2,476,307 shares for approximately $249,999,983 under the program and may sell an additional approximately $250,000,017. Sales are made from time to time through the agents on the Nasdaq Global Market and other permitted venues, with the agents earning a 2% commission on gross sales.

Applied Optoelectronics, Inc. entered into a design-build agreement with LCC3 Solution Inc. to develop its FAB2 cleanroom project in Sugar Land, Texas. The project covers approximately 92,674 square feet of ISO 6 (Class 1K) certified cleanroom space inside an existing warehouse and includes design, engineering, procurement, construction, testing, commissioning, and closeout work.

The total contract amount is approximately $30,885,000, with payments made monthly based on progress and a 10% retainage held until final completion and punch list resolution. The agreement includes liquidated damages for schedule delays, capped at $1,600,000, as well as schedule-based incentives up to $1,810,000 and performance-based incentives up to $1,724,000 for cleanroom validation and $1,600,000 for warranty performance. Substantial completion is targeted for September 30, 2026.

Applied Optoelectronics, Inc. entered into a long-term lease for approximately 153,928 rentable square feet in Building #3 at 16851 Blue Ridge Commerce Dr. in Houston, Texas. The space can be used for office, warehouse, and light manufacturing and assembly over a 130‑month term.

The lease includes a tenant improvement allowance of $3,078,560, five months of base rent abatement, and base rent starting at $5.16 per rentable square foot on an annualized basis (about $66,189.04 per month) for months 6–10. From month 11, rent is $10.32 per rentable square foot on an annualized basis (about $132,378.08 per month) and escalates by an average of roughly 3.5% annually, reaching $14.56 per rentable square foot on an annualized basis (about $186,732.36 per month) in months 121–130.

The company will pay prepaid rent of $163,163.68 toward the eleventh month’s rent and an initial security deposit of $2,000,000, subject to scheduled reductions if conditions are met. It is also responsible for operating expenses, including taxes and insurance. The lease provides a one-time early termination right effective at the end of the 82nd full month, subject to a fee, and a one-time option to purchase the building and parcel for $30,257,846.86, with a notice deadline of September 15, 2026 and closing deadline no later than December 15, 2026.

Applied Optoelectronics, Inc. entered an Equity Distribution Agreement with Raymond James & Associates and Needham & Company, allowing at-the-market sales of up to $250 million of common stock through these sales agents.

Sales will be made from time to time on Nasdaq or other permitted markets under placement notices that set share limits, timing and minimum prices. The company will pay the agents a 2% commission on gross sales and reimburse certain expenses, with potential additional reimbursements if the agreement ends before a minimum sales amount is reached. The shares are registered under an automatic shelf registration statement and a related prospectus supplement.

Applied Optoelectronics reported a strong finish to 2025 with rapid growth but ongoing losses. Fourth quarter 2025 revenue reached $134.3 million, up from $100.3 million a year earlier, and GAAP gross margin improved to 31.2%. The company still posted a GAAP net loss of $2.0 million, or $0.03 per share, a sharp improvement from a $119.7 million loss in the prior-year quarter.

For full year 2025, revenue climbed to $455.7 million from $249.4 million, while GAAP net loss narrowed to $38.2 million, or $0.64 per share. Non-GAAP net loss improved to $15.7 million from $32.7 million. Management highlighted strong demand in CATV and datacenter products and guided first quarter 2026 revenue to $150–$165 million with non-GAAP gross margin of 29%–31% and potential non-GAAP earnings around breakeven.

Applied Optoelectronics, Inc. updated its executive employment agreements to increase severance protections for several senior leaders. If these executives are terminated without cause or resign for good reason, they now receive cash payments equal to nine months of base salary and nine months of target bonus, plus up to 12 months of COBRA health premium reimbursement.

If such a termination occurs within six months before or 12 months after a change of control, the executives are eligible for 15 months of base salary, 15 months of target bonus, and up to 15 months of COBRA premium reimbursement. All payments require the executives to sign and not revoke a general release of claims in favor of the company.

Applied Optoelectronics, Inc. is expanding its U.S. manufacturing presence with a new 210,000 square foot facility at 1111 Gillingham St. in Sugar Land, Texas. The company held a groundbreaking ceremony for the plant and highlighted it as a key milestone in its growth plans.

Management stated they plan to increase total investment in the facility and their headquarters from $150 million to potentially $300 million by the end of next year and have committed to creating 500 local jobs tied to automated production lines. The expansion is intended to support demand for optical transceivers used in AI and datacenter applications and to strengthen the company’s position as a major domestic supplier.

Applied Optoelectronics, Inc. entered an Equity Distribution Agreement allowing it to sell shares of common stock in an at‑the‑market offering for up to $180 million through Raymond James & Associates, Inc. and Needham & Company, LLC.

Sales will be made from time to time under Rule 415, including through Nasdaq, with the company directing size, timing, and minimum price via placement notices. The company may suspend offers at any time, and either party may terminate the agreement; the program ends once all designated shares are sold.

The Sales Agents will receive a 2% commission on the gross sales price of shares sold, plus limited expense reimbursements, including up to $10,000 for blue sky/FINRA matters and up to $30,000 for certain termination-related out‑of‑pocket costs. The shares are registered on the company’s automatic shelf registration statement on Form S‑3ASR (No. 333‑283905), as supplemented by a prospectus supplement filed on November 7, 2025.

Applied Optoelectronics, Inc. (AAOI) announced third‑quarter results by issuing a press release for the period ended September 30, 2025. The company furnished the release as part of an 8‑K dated November 6, 2025.

The company stated the information under Item 2.02 and the attached exhibits is furnished and not deemed filed under the Exchange Act. The press release is included as Exhibit 99.1; the cover page interactive data is provided as Exhibit 104.

Applied Optoelectronics (AAOI), through its subsidiary Prime World International Holdings, signed a new premises lease with International Games System Co., Ltd. to take the remaining portion of its New Taipei City facility, adding approximately 54,086 square feet and becoming the sole tenant at No. 49, Wugong 6th Road.

The lease runs from December 1, 2025 to October 31, 2040, following a rent‑free renovation period from November 1–30, 2025. Monthly rent is scheduled at NTD 1,292,000 through October 31, 2030, NTD 1,330,760 from November 1, 2030 to October 31, 2035, and NTD 1,370,683 from November 1, 2035 to October 31, 2040, reflecting ~3% increases about every five years. Prime World may modify the building at its expense and holds key protections: a right of first refusal to purchase, lease enforceability against any successor owner, a right of first refusal to renew, and no early termination during the first eight years; after that, termination requires 12 months’ notice and three months’ rent.

Applied Optoelectronics, Inc. reported it entered a material lease agreement dated September 19, 2025 with Coleman Logistics Assets, LLC. The filing categorizes the transaction as an entry into a material definitive agreement and as creating a direct financial obligation or an off‑balance sheet obligation, and it includes the lease as an exhibit.

The disclosure is concise: it notifies investors that the company has committed to a leasing arrangement that the company itself classifies as material and as giving rise to payment obligations. The filing provides the contract identity and exhibit reference but does not disclose lease economics, term length, or the expected financial impact.

Applied Optoelectronics, Inc. filed a Form 8-K reporting the entry into a material definitive agreement that creates a direct financial obligation or an off-balance-sheet arrangement. The filing states a translated Premises Lease Agreement dated September 1, 2025 between Prime World International Holdings Ltd., Taiwan Branch and International Games System Co., Ltd. The disclosure is limited to the existence and translation of the lease document and the classification of the event as Item 1.01 (creation of an obligation).

Applied Optoelectronics, Inc. entered into an Equity Distribution Agreement with Raymond James & Associates, Inc. and Needham & Company, LLC that allows it to issue and sell shares of common stock having an aggregate offering price of up to $150 million from time to time through at-the-market transactions. Sales will be made through the Sales Agents on the Nasdaq Global Market or other permitted markets based on placement notices specifying the number of shares, time period, minimum price, and daily limits, and the company is not obligated to sell any shares and may suspend offers and sales at any time.

The Sales Agents will receive compensation equal to 2% of the gross sales price of shares sold, and the company agreed to reimburse specified regulatory and blue sky expenses up to $10,000, with potential additional reimbursement of up to $30,000 for certain terminations. The shares are registered under an automatic shelf registration statement on Form S-3ASR, using a base prospectus and a prospectus supplement filed on August 27, 2025, and the distribution agreement continues until all covered shares are sold or it is terminated by either party.

Applied Optoelectronics, Inc. reported that its wholly owned subsidiary, Prime World International Holdings Ltd., signed an Agreement to Terminate Land and Building Lease with San Ho Electric Machinery Industry Co., Ltd. on August 20, 2025. The agreement ends a lease that was originally entered into on June 7, 2025, and makes the termination effective August 31, 2025.

Under the termination terms, Prime World will pay the lessor NT$9,400,000 as a full settlement of all rent, fees, damages, and other amounts related to ending the lease early. After the agreement is executed, neither side will have further claims against the other in connection with the termination, effectively closing out all obligations tied to this lease.

Applied Optoelectronics (AAOI) has strengthened its liquidity profile. On 31 Jul 2025 the company executed a three-year, $35 million secured revolving Credit Facility with BOKF, NA dba BOK Financial. The agreement includes an accordion that can expand total commitments to $75 million, subject to lender approval, and will be used for general working-capital and operating needs.

Borrowings are secured by substantially all domestic assets (foreign-subsidiary assets excluded) and accrue interest at Term SOFR + 0.10% plus an Applicable Margin. Interest is payable monthly and the outstanding principal is due at maturity. The facility contains customary representations, financial covenants and default provisions typical for similar credit arrangements.

Items 1.01 and 2.03 of the Form 8-K disclose the entry into, and creation of, this direct financial obligation. The Loan and Security Agreement and Revolving Note are filed as Exhibits 10.1 and 10.2, respectively. No earnings figures were provided in the filing.

Applied Optoelectronics (AAOI) filed an 8-K noting that its wholly owned Chinese subsidiary, Global Technology, Inc., entered into a 250 million RMB (≈US$34 million) five-year revolving credit line with Shanghai Pudong Development Bank on 29 Jul 2025.

• Purpose: General corporate and capital investment; draws allowed until 29 Jul 2030.
• Security: Facility is collateralized by subsidiary real property via a mortgage agreement.
• Pricing: Interest rate for each draw will be negotiated at draw-down.
• Lender rights: Bank may revoke the line at any time without notice due to regulatory, market or borrower-specific changes.
• Other terms: Customary reps, warranties, covenants and default provisions apply.

The agreement boosts near-term liquidity and financial flexibility but introduces revocation risk and additional secured leverage.

Applied Optoelectronics (AAOI) filed an 8-K reporting that its Chinese subsidiary, Global Technology, replaced its primary bank borrowing.

• New facility: On 18 Jul 2025 the subsidiary entered a one-year, unsecured RMB 82 m (≈US$11 m) working-capital credit facility with Shanghai Pudong Development Bank. Interest is the bank’s 12-month prime rate minus 0.4 pp (prime currently 3.0 %), with monthly interest-only payments and principal due 18 Jul 2026.
• Use of proceeds: On 23 Jul 2025 the company applied the new loan and other cash to repay RMB 62 m in working-capital loans and RMB 85.507 m in acceptance bills outstanding under its five-year RMB 200 m revolving credit line with China Zheshang Bank.
• Termination: Following repayment, the CZB facility and associated agreements were terminated with no early-payment penalties.

The refinancing simplifies debt structure and removes CZB covenants but reduces committed borrowing capacity from RMB 200 m to RMB 82 m and introduces a refinancing event in July 2026.