{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-122604","form_type":"8-K","ticker":"AAOI","cik":"0001158114","company_name":"APPLIED OPTOELECTRONICS, INC.","filed_at":"2023-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.354299+00:00","generated_at":"2026-06-07T19:11:02.979344+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Applied Optoelectronics prices $80.2M of 5.25% convertible notes; exchanges $80.2M of 2024 notes","bullets":["Priced $80.2M aggregate principal of 5.25% Convertible Senior Notes due Dec 2026; net proceeds ~$76M.","Concurrently exchanged $80.2M of existing 5.00% 2024 Notes for $81.1M cash (incl. accrued interest) and 466,368 shares.","New notes convertible at $15.24/share (initial conversion rate 65.6276 shares per $1,000).","Settlement expected Dec 5, 2023; notes mature Dec 15, 2026, interest payable semi-annually."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-122604","json":"https://secwatch.observer/filing/0001104659-23-122604.json","markdown":"https://secwatch.observer/filing/0001104659-23-122604.md","text":"https://secwatch.observer/filing/0001104659-23-122604.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1158114/000110465923122604/0001104659-23-122604-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1158114/000110465923122604/tm2331918d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:11:02.979344+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4a22eab892c6c4dfae2d15dfbe68cff0b0d25567","claim":"APPLIED OPTOELECTRONICS, INC. entered into Exchange Agreements with certain holders of 5.00% Convertible Senior Notes due 2024 valued at aggregate consideration consisting of approximately $81.1 million in cash and approximately 466,368 (effective 2023-11-30).","evidence_excerpt":"On November 30, 2023, Applied Optoelectronics, Inc. (the “ Company ”) entered into separate, privately negotiated exchange agreements (the “ Exchange Agreements ”) with certain holders (the “ Noteholders ”) of its 5.00% Convertible Senior Notes due 2024 (the “ 2024 Notes ”) to exchange or repurchase approximately $80.2 million principal amount of 2024 Notes for aggregate consideration consisting of approximately $81.1 million in cash, which includes accrued interest on the 2024 Notes, and approximately 466,368 shares (the “ Exchange Shares ”) of the Company’s common stock, par value $0.001 per share (collectively, the “ Exchanges ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1158114/000110465923122604/0001104659-23-122604-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"certain holders of 5.00% Convertible Senior Notes due 2024"},{"label":"Value","value":"aggregate consideration consisting of approximately $81.1 million in cash and approximately 466,368"},{"label":"Effective","value":"2023-11-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}