Applied Optoelectronics Announces Completion of Previously Announced At the Market Offering
PR Newswire•05/10/2026•07:00 ET
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Key Highlights
- ➤$600 million ATM program completed, yielding $587,999,985.89 net proceeds
- ➤AOI sold 5,694,845 shares at an average $105.36 per share
- ➤Proceeds will fund manufacturing expansion, equipment, R&D, debt repayment, and working capital
Expert Statements
Thompson Lin, Founder, President and Chief Executive Officer of Applied Optoelectronics
“We are pleased to have successfully completed our third at-the-market equity offering program this year, which strengthens our balance sheet and supports our ability to address growing demand for high-speed optical connectivity in AI data centers.”
Thompson Lin, Founder, President and Chief Executive Officer of Applied Optoelectronics
“We intend to use these proceeds to continue to make investments in the business, including new equipment and machinery for production and research and development use, as we continue to scale our advanced manufacturing capacity. We thank our shareholders for their continued support of AOI and welcome our new shareholders.”
Applied Optoelectronics Announces Completion of Previously Announced At the Market Offering PR Newswire
SUGAR LAND, Texas, Oct. 5, 2026 /PRNewswire/ -- Applied Optoelectronics, Inc. (NASDAQ: AAOI) ("AOI"), a leading provider of advanced optical and HFC networking products that power AI, today announced that it has completed its previously disclosed $600 million "at-the-market" equity offering program (the "ATM Program").
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