AXT, Inc.

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Company Name	AXT, Inc.
Stock Symbol	AXTI

On April 4, 2024, J Capital Research published a report alleging, among other things, that, while AXT announced that it would be listing its primary subsidiary in Shanghai, the Company’s IPO was blocked by Chinese regulators in March 2023, potentially due to “falsifying data, tax evasion, improper storage of hazardous chemicals, suspicious related-party transactions, IP litigation, and defaulting on wages to employees.”

On this news, AXT’s stock price fell $1.73, or 34.9%, to close at $3.22 per share on April 4, 2024, thereby injuring investors.

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If you suffered a loss on your AXT, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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