Axt Inc - Current report filing (8-K)
April 01 2008 - 11:01AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
Date of Report (Date of
earliest event reported):
March 28, 2008
AXT, INC.
(Exact name of registrant as specified in its charter)
Delaware
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000-24085
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94-3031310
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(State or other jurisdiction of
incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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4281 Technology Drive
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Fremont, California 94538
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(Address of principal executive offices) (Zip Code)
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Registrants
telephone number, including area code:
(510) 683-5900
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (see General Instruction A.2.
below):
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01
Other Events
On March 28, 2008, AXT, Inc. (
AXT
or the
Company
)
completed its sale of the property and building at 4311 Solar Way (the
Property
) to Car West Auto Body, Inc., a California
corporation. The final purchase price
for the Property was $5.3 million.
Accordingly, AXT received net proceeds of approximately $5.1 million,
after deducting commissions and selling expenses.
2
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
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AXT, INC.
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Date: April 1,
2008
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By:
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/s/ WILSON W. CHEUNG
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Wilson W. Cheung
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Chief Financial Officer
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3
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