Applied Optoelectronics enters $250M at-the-market equity distribution agreement with Raymond James & Needham

APPLIED OPTOELECTRONICS, INC.

Company may sell up to $250M of common stock at market prices through Sales Agents.
Sales Agents Raymond James & Needham will receive 2% of gross sales price as compensation.
No obligation to sell any shares; sales made via Nasdaq or other markets per placement notice.
Agreement terminates upon full sale of Shares or earlier termination by either party.
Offering registered under automatic shelf registration statement (S-3ASR) filed Feb 26, 2026.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

APPLIED OPTOELECTRONICS, INC. entered into Equity Distribution Agreement with Raymond James & Associates, Inc. and Needham & Company, LLC valued at up to $250 million (effective 2026-02-26).

Action: entry
Agreement: atm program
Counterparty: Raymond James & Associates, Inc. and Needham & Company, LLC
Value: up to $250 million
Effective: 2026-02-26

Exact text from the filing

On February 26, 2026, Applied Optoelectronics, Inc. (the “Company”) entered into an Equity Distribution Agreement (the “Agreement”) with Raymond James & Associates, Inc. and Needham & Company, LLC (collectively, the “Sales Agents”) pursuant to which the Company may issue and sell shares of the Company’s common stock, par value $0.001 per share (the “Shares”) having an aggregate offering price of up to $250 million from time to time through the Sales Agents.

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APPLIED OPTOELECTRONICS, INC. filing history →

Source: SEC EDGAR

accession 0001104659-26-020600

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