{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-061168","form_type":"8-K","ticker":"AAOI","cik":"0001158114","company_name":"APPLIED OPTOELECTRONICS, INC.","filed_at":"2026-05-14T20:08:11+00:00","discovered_at":"2026-05-14T20:10:11.182821+00:00","generated_at":"2026-05-14T20:58:46.328387+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Applied Optoelectronics files $600M at-the-market equity offering","bullets":["Agreement with Raymond James and Needham to sell up to $600M of common stock at market prices.","Sales agents receive 2% of gross proceeds; no minimum obligation for company to sell shares.","Shares registered under existing Form S-3ASR; prospectus supplement filed May 14, 2026.","ATM facility can be terminated anytime by company or agents; use of proceeds not specified.","Potential dilution of up to ~$600M in common equity if fully utilized."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-061168","json":"https://secwatch.observer/filing/0001104659-26-061168.json","markdown":"https://secwatch.observer/filing/0001104659-26-061168.md","text":"https://secwatch.observer/filing/0001104659-26-061168.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1158114/000110465926061168/0001104659-26-061168-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1158114/000110465926061168/tm2614157d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T20:58:46.328387+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":"05feedda4ef89c30500c0421eccebfd52ffb0ff8","claim":"APPLIED OPTOELECTRONICS, INC. entered into Equity Distribution Agreement with Raymond James & Associates, Inc. and Needham & Company, LLC valued at up to $600 million (effective 2026-05-14).","evidence_excerpt":"On May 14, 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 $600 million from time to time through the Sales Agents.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1158114/000110465926061168/0001104659-26-061168-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"Raymond James & Associates, Inc. and Needham & Company, LLC"},{"label":"Value","value":"up to $600 million"},{"label":"Effective","value":"2026-05-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}