{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-26-003355","form_type":"8-K","ticker":"AEHR","cik":"0001040470","company_name":"AEHR TEST SYSTEMS","filed_at":"2026-04-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.844923+00:00","generated_at":"2026-05-15T06:52:05.535410+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"AEHR Test Systems enters $60M at-the-market equity distribution agreement","bullets":["Up to $60M of common stock may be sold from time to time through agents William Blair and Craig-Hallum.","Shares sold via at-the-market offerings on Nasdaq or in negotiated transactions; 3% commission to agents.","Prospectus supplement filed April 8, 2026 under existing S-3 effective October 25, 2024.","Company not obligated to sell any shares; agents may suspend or terminate on written notice."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-26-003355","json":"https://secwatch.observer/filing/0001654954-26-003355.json","markdown":"https://secwatch.observer/filing/0001654954-26-003355.md","text":"https://secwatch.observer/filing/0001654954-26-003355.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1040470/000165495426003355/0001654954-26-003355-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1040470/000165495426003355/aehr_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T06:52:05.535410+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":"062b4cc1c212c2a395907a0baaef35f83aaecb44","claim":"AEHR TEST SYSTEMS entered into Equity Distribution Agreement with William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC valued at up to $60,000,000 (effective 2026-04-08).","evidence_excerpt":"On April 8, 2026, AEHR Test Systems (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC (the “Agents”), in connection with the offer and sale of up to $60,000,000 of shares of the Company’s common stock, par value $0.01 per share (“ATM Shares”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495426003355/0001654954-26-003355-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC"},{"label":"Value","value":"up to $60,000,000"},{"label":"Effective","value":"2026-04-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}