{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-123656","form_type":"8-K","ticker":"AAOI","cik":"0001158114","company_name":"APPLIED OPTOELECTRONICS, INC.","filed_at":"2023-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.354511+00:00","generated_at":"2026-06-07T17:44:08.861058+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Applied Optoelectronics issues $80.2M 5.25% convertible notes due 2026; exchanges $80.2M of 5.00% 2024 notes","bullets":["Sold $80.2M aggregate principal of 5.250% Convertible Senior Notes due 2026; net proceeds ~$76.0M after discount/commission.","Exchanged $80.2M of existing 5.00% Convertible Senior Notes due 2024 for cash and ~466,368 shares of common stock.","Conversion rate: 65.6276 shares per $1,000 principal (conversion price ~$15.24, 15% premium over $13.25 Nov 30 close).","Supplemental indenture eliminates certain restrictive covenants on incurring debt and liens in the 2019 indenture.","Notes mature December 15, 2026; interest payable semiannually on June 15 and December 15 starting June 15, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-123656","json":"https://secwatch.observer/filing/0001104659-23-123656.json","markdown":"https://secwatch.observer/filing/0001104659-23-123656.md","text":"https://secwatch.observer/filing/0001104659-23-123656.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1158114/000110465923123656/0001104659-23-123656-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1158114/000110465923123656/tm2331117d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T17:44:08.861058+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":"e0003fac316a8b5aff2c0ab25571b26580ed03e3","claim":"APPLIED OPTOELECTRONICS, INC. incurred convertible notes of $80.2 million aggregate principal amount with Raymond James & Associates, Inc. at 5.250% maturing December 15, 2026.","evidence_excerpt":"pursuant to which the Company agreed to sell and the Initial Purchaser agreed to purchase approximately $80.2 million aggregate principal amount of 5.250% Convertible Senior Notes due 2026","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1158114/000110465923123656/0001104659-23-123656-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$80.2 million aggregate principal amount"},{"label":"Counterparty","value":"Raymond James & Associates, Inc."},{"label":"Rate","value":"5.250%"},{"label":"Maturity","value":"December 15, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2c879514bb7248d8dd252e9cd0193d828bf5a93a","claim":"APPLIED OPTOELECTRONICS, INC. entered into Indenture with Computershare Trust Company, N.A. valued at 5.250% Convertible Senior Notes due 2026, conversion rate 65.6276 shares per $1,000 principal, conve (effective 2023-12-05).","evidence_excerpt":"The Convertible Notes were issued pursuant to an Indenture, dated as of December 5, 2023 (the “ Indenture ”), between the Company and Computershare Trust Company, N.A., as trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1158114/000110465923123656/0001104659-23-123656-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Computershare Trust Company, N.A."},{"label":"Value","value":"5.250% Convertible Senior Notes due 2026, conversion rate 65.6276 shares per $1,000 principal, conve"},{"label":"Effective","value":"2023-12-05"}],"fact_type":"material_agreement"},{"claim_id":"bf6e56169a28210c1217201e75aaa2e84919ae8f","claim":"APPLIED OPTOELECTRONICS, INC. entered into Purchase Agreement with Raymond James & Associates, Inc. valued at $80.2 million aggregate principal amount of 5.250% Convertible Senior Notes due 2026 (effective 2023-11-30).","evidence_excerpt":"On November 30, 2023, Applied Optoelectronics, Inc. (the “ Company ”) entered into a purchase agreement (the “ Purchase Agreement ”) with Raymond James & Associates, Inc. (the “ Initial Purchaser ”), pursuant to which the Company agreed to sell and the Initial Purchaser agreed to purchase approximately $80.2 million aggregate principal amount of 5.250% Convertible Senior Notes due 2026 (the “ Convertible Notes ”), for resale by the Initial Purchaser to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “ Securities Act ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1158114/000110465923123656/0001104659-23-123656-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Raymond James & Associates, Inc."},{"label":"Value","value":"$80.2 million aggregate principal amount of 5.250% Convertible Senior Notes due 2026"},{"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"}