<SEC-DOCUMENT>0001415889-24-022068.txt : 20240822
<SEC-HEADER>0001415889-24-022068.hdr.sgml : 20240822
<ACCEPTANCE-DATETIME>20240822185325
ACCESSION NUMBER:		0001415889-24-022068
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240820
FILED AS OF DATE:		20240822
DATE AS OF CHANGE:		20240822

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			YOUNG MORRIS S
		CENTRAL INDEX KEY:			0001078582
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24085
		FILM NUMBER:		241233139

	MAIL ADDRESS:	
		STREET 1:		4281 TECHNOLOGY DRIVE
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94538

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AXT INC
		CENTRAL INDEX KEY:			0001051627
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				943031310
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4281 TECHNOLOGY DR.
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94538
		BUSINESS PHONE:		510.438.4734

	MAIL ADDRESS:	
		STREET 1:		4281 TECHNOLOGY DR.
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94538

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN XTAL TECHNOLOGY
		DATE OF NAME CHANGE:	19971217
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4-08222024_100823.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-08-20</periodOfReport>

    <issuer>
        <issuerCik>0001051627</issuerCik>
        <issuerName>AXT INC</issuerName>
        <issuerTradingSymbol>AXTI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001078582</rptOwnerCik>
            <rptOwnerName>YOUNG MORRIS S</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4281 TECHNOLOGY DR.</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>FREMONT</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94538</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>CHAIRMAN AND CEO</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-08-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>39792</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2028838</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Represents common stock granted on August 20, 2024 (the &quot;Grant Date&quot;) under the Issuer's 2015 Equity Incentive Plan, in a transaction exempt under Rule 16b-3, in lieu of the Reporting Person's cash bonus earned for the second fiscal quarter of 2024 pursuant to the Issuer's Executive Incentive Plan. The common stock granted was calculated based on the cash bonus amount earned at a conversion price of $3.10, which is the 30-day trading average of the closing price of the Issuer's common stock from the Grant Date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/S/Jeff Sensiba, Attorney-in-Fact</signatureName>
        <signatureDate>2024-08-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ex24-08222024_100828.htm
<TEXT>
<!DOCTYPE html PUBLIC "-//IETF//DTD HTML//EN">
<html><head><title>ex24-08222024_100828.htm</title></head><body style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<p style="margin:0px"><br></p>
<p style="margin:0px; font-size:11pt" align="center"><b>LIMITED POWER OF ATTORNEY </b></p>
<p style="margin-top:0px; margin-bottom:14.667px; font-size:11pt" align="center"><b>FOR REPORTING UNDER SECTION 16 </b></p>
<p style="margin-top:0px; margin-bottom:14.667px; font-size:11pt" align="center"><b>AXT, INC. </b></p>
<p style="margin-top:0px; margin-bottom:14.667px; text-indent:32.667px; font-size:11pt" align="justify">Know all by these presents, that the undersigned hereby constitutes and appoints Jeff Sensiba and Alan Chan as the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s true and lawful attorney-in-fact, each acting alone, with full powers of substitution for the undersigned and in the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s name, place and stead, in any and all capacities, to: </p>
<p style="margin-top:0px; margin-bottom:14.667px; text-indent:32.667px; font-size:11pt" align="justify">(1) prepare and execute for and on behalf of the undersigned, any and all Forms 3, 4, 5 and any Schedules 13D or 13G in connection with the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s reporting obligations pursuant to Section&nbsp;16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder; </p>
<p style="margin-top:0px; margin-bottom:14.667px; text-indent:32.667px; font-size:11pt" align="justify">(2) to do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Forms 3, 4, 5 and any Schedules 13D or 13G, complete and execute any amendment or amendments thereto, and &nbsp;file any such form with the United States Securities and Exchange Commission and any stock exchange or similar authority, and </p>
<p style="margin-top:0px; margin-bottom:14.667px; text-indent:32.667px; font-size:11pt" align="justify">(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned. &nbsp;It being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney For Reporting under Section 16 (<font style="font-family:Arial Unicode MS,Times New Roman">&ldquo;</font>Power of Attorney<font style="font-family:Arial Unicode MS,Times New Roman">&rdquo;</font>) shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s discretion. </p>
<p style="margin-top:0px; margin-bottom:14.667px; text-indent:32.667px; font-size:11pt" align="justify">The undersigned hereby grants to each attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, any of the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s responsibilities to comply with Section&nbsp;16 of the Securities Exchange Act of 1934. </p>
<p style="margin-top:0px; margin-bottom:14.667px; text-indent:32.667px; font-size:11pt" align="justify">This Power of Attorney shall remain in full force and effect until the undersigned is no longer an executive officer, director or beneficial owner of more than 5% of the securities of Flux Power Holdings, Inc. or unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact. </p>
<p style="margin:0px; text-indent:32.667px; font-size:11pt" align="justify">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 22<sup>nd</sup> day of August, 2024. </p>
<p style="margin:0px"><br></p>
<p style="margin:0px; padding-left:288px; text-indent:1.667px; font-size:11pt">/S/ Morris S Young</p>
<p style="margin:0px; padding-left:288px; text-indent:1.667px; font-size:11pt">Name: Morris S Young</p>
<p style="margin:0px"><br><br></p>
<p style="margin:0px; font-size:8pt">144446759.1<b style="font-size:12pt;font-weight:normal;"> </b></p>
</body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
