secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK:        0001158114
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0001104659-24-130522
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 2.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AOI exchanges $76.7M of 5.25% 2026 notes for $125M 2.75% 2030 notes and 1.49M shares; prices $33.6M equity offering
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- Exchanged ~$76.7M principal of 5.25% 2026 Notes for $125M of 2.75% 2030 Notes, ~1.49M shares, and $89.6K cash interest.
- New 2030 Notes mature Jan 15, 2030; initial conversion price ~$43.31/share (27.5% premium to Dec 18 close).
- Priced registered direct offering of 1,036,458 shares at $33.97/share for net proceeds of ~$33.6M.
- Net proceeds from equity offering for general corporate purposes, including capex and working capital.
- Both transactions expected to close on or about Dec 23, 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158114/000110465924130522/0001104659-24-130522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158114/000110465924130522/tm2431223d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-130522

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