---
schema_version: "secwatch.filing_event.v1"
accession: "0000719135-23-000012"
form_type: "8-K"
ticker: "APYX"
cik: "0000719135"
company_name: "Apyx Medical Corp"
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:35:50.270219+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Apyx Medical sells headquarters for $7.65M in sale-leaseback; expects $6.7M net proceeds

## Summary
- Sale price $7,650,000 for Clearwater, FL facility; net proceeds estimated at ~$6.7M after taxes and fees.
- Leaseback for 10-year initial term at $619,500 annual rent, escalating 4% per year; triple-net lease.
- Proceeds will be used to strengthen balance sheet and provide working capital.
- Purchaser paid $400,000 earnest money; due diligence period of 30 days from March 14, 2023.

## SEC filing metadata
- accession: 0000719135-23-000012
- form_type: 8-K
- ticker: APYX
- cik: 0000719135
- company_name: Apyx Medical Corp
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719135/000071913523000012/0000719135-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719135/000071913523000012/apyx-20230314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000719135-23-000012
- JSON: https://secwatch.observer/filing/0000719135-23-000012.json
- Plain text: https://secwatch.observer/filing/0000719135-23-000012.txt

## Key facts
- Material Agreements
  Apyx Medical Corp entered into Single Tenant Industrial Building Lease with VK Acquisitions VI, LLC valued at $619,500 for the first year (effective 2023-03-14).
  - Action: entry
  - Agreement: lease
  - Counterparty: VK Acquisitions VI, LLC
  - Value: $619,500 for the first year
  - Effective: 2023-03-14
  source text: On March 14, 2023, Apyx Medical Corporation (the “Company”) entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with VK Acquisitions VI, LLC (the “Purchaser”), for the sale of the Company’s facility located at 5115 Ulmerton Road, Clearwater, Florida, as more fully described in the Purchase Agreement (collectively, the “Property”) for a purchase price of $7,650,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719135/000071913523000012/0000719135-23-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.