{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-020978","form_type":"8-K","ticker":"AXTI","cik":"0001051627","company_name":"AXT INC","filed_at":"2026-06-17T20:15:48+00:00","discovered_at":"2026-06-17T20:17:00.246158+00:00","generated_at":"2026-06-17T20:19:52.965041+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AXT subsidiary signs $25.4M InP wafer supply deal with Casela for 2027","bullets":["Tongmei, AXT's subsidiary, entered a Long-term Supply Agreement with Nanjing Casela Technologies for InP substrates.","Casela commits to purchase InP wafers totaling RMB 173M (~$25.4M) during 2027, with monthly deliveries scheduled.","Casela must prepay 50% of the total within 15 business days and the remaining 50% by December 31, 2026.","Tongmei reserves capacity and grants supply priority; failure to purchase 80% triggers a cancellation fee.","Agreement secures significant 2027 revenue for AXT's InP business and provides upfront cash from prepayment."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-020978","json":"https://secwatch.observer/filing/0001437749-26-020978.json","markdown":"https://secwatch.observer/filing/0001437749-26-020978.md","text":"https://secwatch.observer/filing/0001437749-26-020978.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1051627/000143774926020978/0001437749-26-020978-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1051627/000143774926020978/axti20260615_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T20:19:52.965041+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":"a51c7179aaa534529b09bf8ddae6c4b52f88ae4a","claim":"AXT INC entered into Long-term Supply Agreement with Nanjing Casela Technologies Corporation, Ltd. valued at RMB 173,000,000 (approximately US $25.4 million) (effective 2026-06-11).","evidence_excerpt":"On June 11, 2026, Beijing Tongmei Xtal Technology Co., Ltd. (“Tongmei”), the subsidiary of AXT, Inc., a Delaware corporation, entered into a Long-term Supply Agreement (the “Agreement”) with Nanjing Casela Technologies Corporation, Ltd. (“Casela”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1051627/000143774926020978/0001437749-26-020978-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"supply"},{"label":"Counterparty","value":"Nanjing Casela Technologies Corporation, Ltd."},{"label":"Value","value":"RMB 173,000,000 (approximately US $25.4 million)"},{"label":"Effective","value":"2026-06-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}