UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)
On December 29, 2021, Leonard J. LeBlanc, a member of the Board of Directors (the “Board”) of AXT, Inc (the “Company”) since April 2003 and a Class III director, notified the Board of his decision to resign from the Board and all committees thereof, effective as of December 29, 2021. Mr. LeBlanc’s resignation is not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr. LeBlanc will become a director emeritus, effective as of December 29, 2021.
Effective as of Mr. LeBlanc’s resignation from the Board and all committees thereof, the Board appointed Christine Russell as chair of the Audit Committee of the Board and Jesse Chen as chair of the Nominating and Corporate Governance Committee of the Board.
The Board has reduced the number of authorized directors to four members, effective as of Mr. LeBlanc’s resignation from the Board.
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.
AXT, INC. | ||
Date: January 3, 2022 | By: | /s/ Gary L. Fischer |
Gary L. Fischer | ||
Chief Financial Officer and Corporate Secretary | ||
Document and Entity Information |
Dec. 29, 2021 |
|---|---|
| Document and Entity Information [Abstract] | |
| Document Type | 8-K |
| Document Period End Date | Dec. 29, 2021 |
| Entity File Number | 000-24085 |
| Entity Registrant Name | AXT, INC. |
| Entity Incorporation, State or Country Code | DE |
| Entity Tax Identification Number | 94-3031310 |
| Entity Address, Address Line One | 4281 Technology Drive |
| Entity Address, City or Town | Fremont |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 94538 |
| City Area Code | 510 |
| Local Phone Number | 438-4700 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock, $0.001 par value |
| Trading Symbol | AXTI |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |
| Entity Central Index Key | 0001051627 |
| Amendment Flag | false |