Company: AAOI
Filing Date: 2025-06-18
Form Type: 8-K
Source: 0001683168-25-004603
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Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-06-18
Form: 8-K
Item: Item 1.01
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Item 1.01      Entry into a Material Definitive Agreement.  

On June 12, 2025, Global Technology, Inc. (“ Global
Technology”), a wholly owned subsidiary of Applied Optoelectronics, Inc. entered into a one-year credit facility totaling 96,800,000
RMB (the “ Credit Facility”), with China Construction Bank, in Ningbo City, China ( the “ CCB Bank”). Borrowing
under the Credit Facility will be used to repay the Company’s outstanding loans with Shanghai Pudong Development Bank Co., Ltd.

Borrowing under the Credit Facility will mature
on June 16, 2026 and will bear interest equal to the Bank’s published twelve (12) month prime loan rate, minus 0.05%. As of the
execution of the Credit Facility agreement, the Bank’s published 12 months prime loan rate is 3%. Under the Credit Facility, Global
Technology will make monthly payments of accrued interest; principal shall be repaid upon maturity.

Global Technology’s obligations under the
Credit Facility is unsecured. The agreement for the Credit Facility also contains rights and obligations, representations and warranties,
and events of default applicable to the Company that are customary for agreements of this type.

The foregoing description of the Credit Facility
do not purport to be a complete statement of the parties’ rights and obligations under the agreements and is qualified in its entirety
by reference to the translation of the full text of the RMB Working Capital Loan Contract which is attached as Exhibit 10.1 to this Current
Report on Form 8-K and are incorporated by reference herein.