Applied Optoelectronics, Inc. Form 8-K Filing
Applied Optoelectronics, Inc. (AOI), through its wholly owned subsidiary Global Technology, Inc., has entered into a Factory Premises Lease Agreement with Ningbo Yiduofu Industrial Co., Ltd. The agreement, effective September 10, 2026, covers a 10-year lease for a 38,311.8 square meter facility in Ningbo, China, running from September 16, 2026, to September 15, 2036. The lease includes a three-month rent-free renovation period. The annual rent is set at RMB 6,896,124, with a 3% increase every three years starting in the third lease year. Global Technology has the right to make alterations for production needs and holds a right of first refusal for purchasing or renewing the lease. The filing also details provisions for property management, power supply upgrades, rent, fees, maintenance, dispute resolution, and lease renewal. This lease is classified as a direct financial obligation for the registrant.