secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK:        0001158114
Form:       8-K
Filed at:   2024-12-31T23:59:59+00:00
Accession:  0001683168-24-009068
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Optoelectronics subsidiary signs NT$277M cleanroom construction contract in Taiwan
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- Contract with Chyi Ding Technologies for cleanroom, mechanical, electrical, renovation work at Linkou, New Taipei City.
- Fixed price NT$277M (~$8.5M), with 30% advance payment and milestone installments.
- Construction started Dec 2024, target completion April 20, 2025; delay penalty 0.3%/day, max 10% of contract price.
- Performance bond of 10% (NT$27.7M) to be converted to warranty bond after acceptance.
- Project expands Prime World's manufacturing capabilities in Taiwan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158114/000168316824009068/0001683168-24-009068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158114/000168316824009068/appliedopto_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-009068

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