Company: AOSL
Filing Date: 2025-08-28
Form Type: 10-K
Source: 0001628280-25-041297
Chunk: 118

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-08-28
Form: 10-K
Item: Item 1A
Chunk 118
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 an adverse effect on our business, financial condition and operating results.

Risks Related to Our Corporate Structure and Our Common Shares

Our share price may be volatile and you may be unable to sell your shares at or above the purchase price, if at all.

Limited trading volumes and liquidity of our common shares on the NASDAQ Global Select Market may limit the ability of shareholders to purchase or sell our common shares in the amounts and at the times they wish.  In addition, the financial markets in the United States and other countries have experienced significant price and volume fluctuations, and market prices of technology companies have been and continue to be extremely volatile.  The trading price of our common shares on The NASDAQ Global Select Market ranged from a low of $16.25 to high of $49.16 from July 1, 2024 to June 30, 2025.  At July 31, 2025, the trading price of our common shares was $25.47.  Volatility in the price of our shares may be caused by factors outside our control and may be unrelated or disproportionate to our operating results.

The market price for our common shares may be volatile and subject to wide fluctuations in response to factors including:

•actual or anticipated fluctuations in our operating results;

•general economic, industry, regional and global market conditions, including the economic conditions of specific market segments for our products, including the PC markets;

•our failure to meet analysts’ expectations, including expectation regarding our revenue, gross margin and operating expenses;

•changes in financial estimates and outlook by securities research analysts;

•our ability to increase our gross margin;

•announcements by us or our competitors of new products, acquisitions, strategic partnerships, joint ventures or capital commitments; 

•announcements of technological or competitive developments;

•announcement of acquisition, partnership and major corporate transactions;

•regulatory developments in our target markets affecting us, our customers or our competitors;

•our ability to enter into new market segments, gain market share, diversify our customer base and successfully secure manufacturing capacity;

•announcements regarding intellectual property disputes or litigation involving us or our competitors;

•changes in the estimation of the future size and growth rate of our markets;

•announcement of significant legal proceedings, litigation or government investigation;

•additions or departures of key personnel;

•repurchase of shares under our repurchase program;

•announcement of sales of our securities by us or by our major shareholders;

•general economic or political conditions in China and other countries in Asia; and

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