Applied Optoelectronics enters equity distribution agreement for up to $600 million at-the-market offering
AAOI•Applied Optoelectronics enters at-the-market equity distribution agreement
Applied Optoelectronics entered an equity distribution agreement for an at-the-market offering of up to $600 million of common stock.
Raymond James and Needham will act as sales agents for the program. The sales-agent fee is set at 2% of gross proceeds from shares sold.
The program can be suspended or terminated at any time; it ends when all shares covered are sold.
