Item 1.01 Entry into a Material Definitive Agreement. On September 4, 2026, Applied Optoelectronics, Inc. (the “Company”) entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Blue Ridge Commerce Center West LLC (the “Seller”) in connection with the Company’s exercise of the one-time purchase option granted under a Lease Agreement with the Seller, which became effective on Feb…
Applied Optoelectronics, Inc. (AOI) is a leading developer and manufacturer of advanced optical and Hybrid Fiber-Coax (HFC) networking products that are the building blocks for AI datacenters, CATV and broadband fiber access networks around the world. AOI supplies this critical infrastructure to tier-one customers across cloud computing, CATV broadband, telecom, and FTTH markets. The company has R&D facilities in Atlanta, GA, and engineering and manufacturing facilities at its corporate headquarters in Sugar Land, TX, as well as in Taipei, Taiwan and Ningbo, China. For additional information, visit www.ao-inc.com. # # #
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Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01 Entry into a Material Definitive Agreement.
On September 4, 2026, Applied Optoelectronics,
Inc. (the “Company”) entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Blue Ridge Commerce
Center West LLC (the “Seller”) in connection with the Company’s exercise of the one-time purchase option granted under
a Lease Agreement with the Seller, which became effective on February 10, 2026 (the “Lease”). The Lease and the purchase option
were previously disclosed in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on February
27, 2026.
Pursuant to the Purchase Agreement, the Company
acquired the real property located at 16851 Blue Ridge Commerce Dr., Building 3, Houston, Texas 77489, consisting of approximately 8.858
acres of land and all improvements thereon, including an approximately 153,928 rentable-square-foot building, together with certain related
tangible and intangible personal property (collectively, the “Property”). The Company intends to use the Property for office,
warehouse, light manufacturing and assembly purposes.
The aggregate purchase price for the Property was
$26,783,472.00, subject to the prorations and other adjustments set forth in the Purchase Agreement. The Company paid the purchase price
in cash at the closing on September 4, 2026, at which time the Seller conveyed the Property to the Company by special warranty deed, subject
to permitted encumbrances.
The Purchase Agreement contains customary representations,
warranties, covenants and limitations of liability for a commercial real estate acquisition. Except for the express representations and
warranties of the Seller set forth in the Purchase Agreement, the Company acquired the Property on an “as is” basis.
The foregoing description of the Purchase Agreement
does not purport to be a complete statement of the parties’ rights and obligations under the Purchase Agreement and is qualified
in its entirety by reference to the full text of the Purchase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form
8-K and incorporated herein by reference.