secwatch.observer — SEC 8-K summary
======================================

Issuer:     APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK:        0001158114
Form:       8-K
Filed at:   2023-12-01T23:59:59+00:00
Accession:  0001104659-23-122604
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Optoelectronics prices $80.2M of 5.25% convertible notes; exchanges $80.2M of 2024 notes
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158114/000110465923122604/0001104659-23-122604-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158114/000110465923122604/tm2331918d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-122604

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer