StockDriftsAPPLIED OPTOELECTRONICS, INC. · AAOI · 8-K · Filed
Leases 38,312 sqm Ningbo factory for 10 years
AAOI
8-K
Contracts
Source: SEC EDGAR, accession 0001683168-26-007160 · Items 1.01, 2.03, 9.01
What did APPLIED OPTOELECTRONICS, INC. announce?
Subsidiary Global Technology signed a 10-year lease for a 38,311.8 sqm factory in Ningbo, China, at RMB 6,896,124 annual rent beginning September 16, 2026.
Key details
- Lease runs ten years from September 16, 2026 to September 15, 2036, with a three-month rent-free renovation period from delivery.
- Annual rent is RMB 6,896,124 (RMB 15 per sqm per month on 38,311.8 sqm); rent rises 3% every three years starting in lease year three.
- Security deposit of RMB 570,000, rent payable semi-annually; lessee holds rights of first refusal to purchase the property and to renew.
- Lessee must fund power upgrades to at least a 7,250 kVA dual-circuit supply at its own expense, replacing existing 800 kVA and 500 kVA transformers.
Why it matters
This 8-K reports a material contract at APPLIED OPTOELECTRONICS, INC.. The likely share-price reaction reads as neutral.
Neutral