secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK:        0001158114
Form:       8-K
Filed at:   2023-06-21T23:59:59+00:00
Accession:  0001683168-23-004319
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Optoelectronics enters 5-year supply agreement with Microsoft for design/assembly services
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- SOW No. 2 covers design and assembly of goods per Microsoft specifications with a 5-year initial term and auto-renewal.
- Payments tied to milestone completions; includes 10-year irrevocable reservation of dedicated production lines.
- Supplier must maintain minimum manufacturing capacity and adjust based on Microsoft's forecasts.
- Microsoft may terminate without notice if parties fail to execute a superseding agreement by a redacted date.
- Redacted financial details; agreement includes standard PO terms with 60-day net payment and FOB/DDP shipping.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158114/000168316823004319/0001683168-23-004319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158114/000168316823004319/aaoi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-004319

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