Company: AAOI
Filing Date: 2025-04-09
Form Type: 8-K
Source: 0001683168-25-002374
Chunk: 1

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-04-09
Form: 8-K
Item: Item 1.01
Chunk 1
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 Landlord (“ Landlord’s Work”) in order to deliver the Premises in a condition of “ Substantial
Completion”. The Lease provides that the Landlord will contribute up to $875,182.50 toward the total cost of design, permitting,
construction, and related improvements, including a 4% construction management fee. The Company has agreed to contribute $300,000 toward
the cost of Landlord’s Work, payable in two equal installments of $150,000 on or before September 30, 2025, and November 30, 2025,
respectively. Any costs in excess of the combined contributions, or costs arising from Company-requested changes to the scope of work,
are the responsibility of the Company.

In connection with the Lease, the Company also
entered into a separate agreement to purchase certain existing office furniture located at the Premises from the Landlord for a total
purchase price of $200,000.

The foregoing description of the Lease does not
purport to be a complete statement of the parties’ rights and obligations under the Lease and is qualified in its entirety by reference
to the full text of the Lease, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference
herein.

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