Company: AAOI
Filing Date: 2025-11-07
Form Type: 8-K
Source: 0001104659-25-108503
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Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-11-07
Form: 8-K
Item: Item 1.01
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Item 1.01. Entry into a Material Definitive Agreement.

On November 7, 2025, Applied Optoelectronics, Inc.
(the “ Company”) entered into an Equity Distribution Agreement (the “ Agreement”) with Raymond James & Associates,
Inc. and Needham & Company, LLC (collectively, the “ Sales Agents”) pursuant to which the Company may issue and sell shares
of the Company’s common stock, par value $0.001 per share (the “ Shares”) having an aggregate offering price of up to
$180 million from time to time through the Sales Agents.

Upon delivery of a placement notice and subject
to the terms and conditions of the Agreement, sales, if any, of the Shares will be made through the Sales Agents in transactions that
are deemed to be “at the market” offerings as defined in Rule 415 of the Securities Act of 1933, as amended (the “ Securities
Act”), including sales made through the facilities of the Nasdaq Global Market, the principal trading market for the Company’s
common stock, on any other existing trading market for the Company’s common stock, to or through a market maker or as otherwise
agreed by the Company and the Sales Agents. In the placement notice, the Company will designate the maximum number of Shares to be sold
through the Sales Agents, the time period during which sales are requested to be made, the minimum price for the Shares to be sold, and
any limitation on the number of Shares that may be sold in any one day. Subject to the terms and conditions of the Agreement, the Sales
Agents will use their commercially reasonable efforts to sell Shares on the Company’s behalf up to the designated amount specified
in the placement notice. The Company has no obligation to sell any Shares under the Agreement and may at any time suspend offers and sales
of the Shares under the Agreement.

The Agreement provides that the Sales Agents will
be entitled to compensation of 2% of the gross sales price of the Shares sold through the Sales Agents from time to time. The Company
has also agreed to reimburse the Sales Agents for certain specified expenses in connection with the registration of Shares under state
blue sky laws and any filing with, and clearance of the offering by, the Financial Industry Regulatory Authority Inc., not to exceed $10,000
in the aggregate, and any associated application fees incurred. Additionally, if the Agreement is terminated under certain circumstances,
and the Company fails to sell a minimum amount of the Shares as set forth in