Applied Optoelectronics, Inc. entered into an Equity Distribution Agreement with Raymond James & Associates, Inc. and Needham & Company, LLC on August 21, 2026. This agreement allows the company to issue and sell shares of its common stock having an aggregate offering price of up to $600 million from time to time through at-the-market offerings. The sales agents are entitled to compensation of 2% of the gross sales price of the shares sold. Applied Optoelectronics, Inc. operates in the optoelectronics industry and manufactures optical components.