---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-024883"
form_type: "8-K"
ticker: "AXTI"
cik: "0001051627"
company_name: "AXT INC"
filed_at: "2026-07-29T20:17:53+00:00"
generated_at: "2026-07-29T20:19:15.096856+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AXT signs long-term InP supply agreement with Lumentum; receives $87M in deposits

## Summary
- 6-year capacity reservation agreement for indium phosphide wafer substrates through Dec 31, 2031.
- Lumentum to pay AXT $43.5M initial deposit within 30 business days and a second $43.5M deposit in 2028.
- Deposits applied as shipment credits; Lumentum must meet annual purchase commitments or pay shortfall.
- AXT must deliver minimum annual capacity; failure to cure breach triggers refund of unapplied deposits.
- Agreement may be renewed for additional one-year periods; modifications require written consent.

## SEC filing metadata
- accession: 0001437749-26-024883
- form_type: 8-K
- ticker: AXTI
- cik: 0001051627
- company_name: AXT INC
- filed_at: 2026-07-29T20:17:53+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/1051627/000143774926024883/0001437749-26-024883-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051627/000143774926024883/axti20260715_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-024883
- JSON: https://secwatch.observer/filing/0001437749-26-024883.json
- Plain text: https://secwatch.observer/filing/0001437749-26-024883.txt

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