Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Item 1.01 Entry into a Material Definitive Agreement. On September 10, 2026, Global Technology, Inc. (“Global Technology”), a wholly owned subsidiary of Applied Optoelectronics, Inc., entered into a Factory Premises Lease Agreement (the “Lease Agreement”) with Ningbo Yiduofu Industrial Co., Ltd.…
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. # # #
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01 Entry into a Material Definitive Agreement.
On September 10, 2026, Global Technology, Inc.
(“Global Technology”), a wholly owned subsidiary of Applied Optoelectronics, Inc., entered into a Factory Premises Lease Agreement
(the “Lease Agreement”) with Ningbo Yiduofu Industrial Co., Ltd. (the “Lessor”), pursuant to which Global Technology
will lease a building consisting of approximately 38,311.8 square meters, located at No.227 Kesheng Rd., Jishigang Town, Haishu District,
Ningbo, China. (“Leased Property”).
The lease term is for ten (10) years, commencing
on September 16, 2026, and expiring on September 15, 2036. Global Technology is entitled to a three-month rent-free renovation period
commencing upon the actual delivery of the Leased Property. The annual rent for the Leased Property is RMB 6,896,124. Beginning in the
third lease year, the annual rent shall increase by three percent (3%) every three years.
Under the terms of the Lease Agreement, Global
Technology has the right, at its own expense, to make alterations, improvements, and modifications to the Leased Property as necessary
to accommodate its production requirements. Except in the event of force majeure or a material breach by Global Technology of its obligations
under the Lease Agreement, the Lessor may not terminate the lease prior to the expiration of the lease term.
Global Technology holds additional rights under
the Lease Agreement, including but not limited to: (i) the right of first refusal to purchase the Leased Property if the Lessor elects
to sell the Leased Property; (ii) the right to require that the Lease Agreement remains valid and binding on any purchaser or transferee
of the Leased Property; and (iii) the right of first refusal to renew the lease under terms no less favorable than those offered to any
prospective tenant.
The foregoing description of the Lease Agreement
does not purport to be a complete statement of the parties’ rights and obligations under the Lease Agreement and is qualified in
its entirety by reference to the full text of the Lease Agreement, an English translation of which is attached as Exhibit 10.1 to this
Current Report on Form 8-K and incorporated by reference herein.
Item 2.03Item 2.03 - Creation of Direct Financial Obligation
Item 2.03 Creation of a Direct Financial Obligation or an Obligation
under an Off-Balance Sheet Arrangement of a Registrant.
The information as set forth in Item 1.01 of this
Current Report on Form 8-K is incorporated by reference into this Item 2.03.