---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-022557"
form_type: "8-K"
ticker: "AXTI"
cik: "0001051627"
company_name: "AXT INC"
filed_at: "2026-07-02T21:02:47+00:00"
generated_at: "2026-07-02T21:04:12.360065+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AXT enters $22.3M prepaid supply deal with Coherent for 6-inch InP wafers

## Summary
- AXT subsidiary signs 3-year Master Development and Supply Agreement with Coherent for 6-inch InP wafer substrates.
- Coherent provides $22,288,500 prepayment to AXT for capacity expansion at Beijing facility.
- AXT commits to deliver agreed capacity; prepayment refundable if not fully applied, but nonrefundable if Coherent fails minimum order.
- Coherent can terminate if AXT fails capacity commitment for 6+ months, with refund of unused prepayment.
- Agreement includes customary confidentiality, force majeure, indemnification.

## SEC filing metadata
- accession: 0001437749-26-022557
- form_type: 8-K
- ticker: AXTI
- cik: 0001051627
- company_name: AXT INC
- filed_at: 2026-07-02T21:02:47+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051627/000143774926022557/0001437749-26-022557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051627/000143774926022557/axti20260630_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-022557
- JSON: https://secwatch.observer/filing/0001437749-26-022557.json
- Plain text: https://secwatch.observer/filing/0001437749-26-022557.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.