Applied Optoelectronics subsidiary enters 170M RMB revolving credit facility through 2029

APPLIED OPTOELECTRONICS, INC.

170M RMB ($~23.5M) revolving credit line from Shanghai Pudong Development Bank for general corporate and capital investment.
Credit line available May 24, 2024 to May 24, 2029; interest negotiated per draw.
Secured by real property owned by subsidiary Global Technology, Inc.
Bank can revoke the line unilaterally at any time without notice based on market or credit conditions.
Borrowings used for general corporate and capital investment purposes.

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